Tuesday, December 24, 2024

IPO

OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half

IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...

Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue

With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...

IPO-bound Swiggy pilots large-order fleet in Delhi-NCR

IPO-bound Swiggy is testing a large-order fleet in the Delhi-NCR region, mirroring Zomato's approach. Sources reveal that the Bengaluru-based startup launched the pilot recently.E͏V...

Zepto initiates talks with bankers for $450 Mn IPO, targets August 2025 listing

Quick commerce giant Zepto has reportedly initiated talks with domestic and international merchant bankers, targeting a potential listing on Indian stock exchanges by August...

Swiggy introduces ‘Incognito Mode’ for discreet ordering

Foodtech giant Swiggy has introduced an ‘incognito mode’ feature, allowing users to place orders privately on its food delivery and quick commerce platforms.The new...

Sustainable packaging firm Xolopak India secures investments from Bollywood celebrities and leading investors in pre-IPO round

Xolopak India, a prominent producer of eco-friendly disposable packaging, has secured fresh investments from Bollywood celebrities Aamir Khan, Ranbir Kapoor, and Karan Johar in...

Hindustan Composites acquires 0.01% stake in Swiggy for INR 5.175 Cr

Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR...

Baazar Style Retail raises INR 250 Cr from anchor investors ahead of IPO

Value fashion retailer Baazar Style Retail Ltd. has raised INR 250 crore from anchor investors, just ahead of its initial public offering (IPO) set...

Reliance Retail awards INR 351 Cr in ESOPs to leadership team ahead of IPO

Ahead of its initial public offering (IPO), Reliance Retail granted employee stock option plans (ESOPs) worth INR 351 crore to 15 senior executives during...

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