Tuesday, December 24, 2024

Trends

Virgio, a leading name in sustainable fashion, has teamed up with Ola Electric to offer eco-friendly doorstep deliveries for the festive season. Virgio Teams Up with Ola Customers who place prepaid orders by December 25, 2024, will have...
Bengaluru has a new destination for craft beer enthusiasts with the launch of ICB-Indian Craft Brewery, a sprawling microbrewery located in the heart of Manyata Tech Park, Nagavara. Spanning over 1,500 seats and two acres, ICB aims...

Zomato issues 38.72 lakh equity shares under ESOP plans

Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...

Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy

High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks.The family office of Bollywood superstar Amitabh...

BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries

Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...

Temasek in advanced talks for $100-150 Mn investment in Rebel Foods

Temasek, the Singaporean sovereign fund, is in advanced talks to lead a $100-150 million investment in Rebel Foods, the parent company of Faasos, Behrouz...

Swiggy targets $15 Bn valuation for its $1.2 Bn IPO

Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...

Zomato shuts down intercity service ‘Legends’ just a month after relaunch

Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation.͏In a post on...

Water purifier brand Livpure secures INR 233 Cr in funding for expansion and R&D

Livpure, the Delhi NCR-based water purifier brand, has raised INR 233 crore (around $27.8 million) from London-based asset management firm M&G Investments and Ncubate...

Antfin Singapore Holding divests 2.1% stake in Zomato for INR 4,771 Cr

Antfin Singapore Holding divested over 2% of its stake in Zomato on Tuesday, raising INR 4,771 crore through open market transactions.Antfin Singapore Holding Pte...

Zomato to remove AI-generated food images following customer complaints

After numerous complaints from customers about AI-generated food and dish images on Zomato, CEO Deepinder Goyal a͏nnou͏nced ͏o͏n Sund͏ay t͏hat the ͏plat͏form will͏ r͏e͏m͏o͏ve...

Blinkit launches international services for Raksha Bandhan, accepts orders from 6 countries

With Raksha Bandhan approaching, Zomato-owned quick commerce platform Blinkit has launched services in select overseas markets. This expansion enab͏les users abroad to send ͏rakhis...

Recent articles