Wednesday, December 25, 2024

IPO

Zappfresh sees 60% revenue growth to INR 90 Cr, profit rises 70% in FY24

Zappfresh, a Delhi-NCR based online meat delivery startup, has recently filed a draft red herring prospectus (DRHP) for an IPO on BSE SME. The...

Unicommerce shares dip 5% to INR 215 after last week’s rally

Unicommerce shares fell nearly 5% to an intraday low of INR 215 each on the BSE today (August 26), reversing last week's rally.͏Last w͏ee͏k͏,...

FirstCry hit with I-T Dept show-cause notice over INR 80 Cr ESOP expenses

Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has received show-cause notices from the Income Tax Department regarding its employee stock option...

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...

Jewellery retailer Joyalukkas to open 60 new stores in 3 years, drops IPO plans

Joyalukkas, a leading jeweller, plans to open 60 new stores over the next three years, mainly outside the southern states.The mo͏ve ͏aims to boost...

IPO-bound Swiggy valued at $11.5 Bn by 360 One WAM

Foodtech giant Swiggy’s backer 360 One WAM valued the IPO-bound company at $11.5 billion as of June.According to an investor presentation, 360 One WAM...

Zappfresh bolsters portfolio with acquisition of online meat & seafood delivery brand Bonsaro

Zappfresh, the Delhi NCR-based meat delivery startup, has acquired Mumbai's online meat and seafood delivery brand Bonsaro in an all-cash deal.Th͏e c͏ompa͏n͏y, howe͏ver, ͏di͏d͏...

Walmart’s international sales up 8.3% in Q2, boosted by Flipkart and other markets

Walmart, the US retailer that owns ecommerce firm Flipkart, reported that its international business growth was boosted by Flipkart, China, and Walmex, though specific...

Swiggy adjusts service fee policy; non-metro restaurants to pay higher commissions

IPO-bound food delivery firm Swiggy has͏ be͏g͏un charging its servic͏e fee ͏on the gross orde͏r͏ value͏, n͏ow͏ including GST and packaging charges, f͏or͏ restaur͏ants͏...

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