IPO
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Instacart Co-Founder Apoorva Mehta steps down from board post-IPO, retains largest share with $1.1 Billion fortune
Instacart's Co-Founder, Apoorva Mehta, is checking out with a significant $1.1 billion fortune following the grocery-delivery company’s initial public offering.Read More: Grocery delivery service...
Instacart elevates IPO price range following strong arm debut
Instacart, the grocery delivery app, decided to increase its previously suggested price range for its initial public offering (IPO) on Friday. This adjustment in...
Grocery delivery service Instacart aims to secure $616M in public offering
Instacart, the grocery delivery service, aims to secure up to $616 million in funding through its initial public offering, as revealed in a regulatory...
Alibaba delays Freshippo grocery unit IPO due to disappointing valuation: Report
According to sources cited by Bloomberg News on Friday, Alibaba Group Holding Ltd from China has decided to delay the potential initial public offering...
Swiggy aims for promising IPO in 2024, banking on Instamart’s profitability
Swiggy's intention to go public appears promising, given the strong profitability of its food delivery operations. Furthermore, the company has established a profit objective...
Instacart’s revenue soars by 31% as it prepares for highly anticipated IPO
On Friday, Instacart, the grocery delivery app, announced a significant 31% increase in revenue for the initial half of this year. Simultaneously, the company...
Swiggy resumes IPO plans, aims for stock exchange presence by 2024
Food and grocery delivery firm Swiggy is reportedly back on track with its initial public offering (IPO) plans, as stated by a recent Reuters...
BigBasket’s B2B arm, Supermarket Grocery Supplies, reports 21% increase in losses for FY23
According to reports on Wednesday, the B2B subsidiary of BigBasket, which is owned by the Tata Group and operates under the name Supermarket Grocery...
Zepto taps CoinSwitch executive Ramesh Bafna as CFO ahead of planned IPO
Zepto, a quick-commerce startup backed by Y Combinator, has appointed Ramesh Bafna, the former Chief Financial Officer of cryptocurrency firm Coinswitch, as the new...