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‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing
Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...
Nykaa rewards employees with 1.8 lakh equity shares under ESOP, following 66.3% jump
Nykaa, direct-to-consumer beauty and fashion ecommerce platform, has allotted 1.8 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP), following...
Nazara Technologies partners with ONDC to launch g-Commerce, allows in-gaming purchase
Nazara Technologies has collaborated with Open Network for Digital Commerce (ONDC) to launch gCommerce, a revolutionary in-game monetization platform.G-commerce to integrate e-commerce with gamingThis...
Nykaa appoints former Cars24 South East head as EVP for fashion arm
Nykaa, the beauty and fashion ecommerce major, has appointed Abhijeet Dabas as Executive Vice President and Business Head for its fashion segment. Dabas joins...
Zomato’s Quick Commerce arm Blinkit pilots large order fleet
Blinkit, the quick commerce arm of Zomato, has begun testing a large order fleet in the Delhi NCR region. This development comes after Zomato...
JM Financial initiates coverage on Swiggy with ‘Buy’ recommendation
Brokerage firm JM Financial has initiated coverage on foodtech major Swiggy, giving it a 'buy' recommendation and setting a price target of INR 470,...
Global investment firm Prosus earns $2 Bn from Swiggy’s IPO
Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...
Godrej industries to acquire Savannah Surfactants for INR 76 Cr
Godrej Industries announced to buy Savannah Surfactants Limited’s food additives and emulsifier business for INR 76 crore. In a regulatory filing on Tuesday, Godrej...
Bhartia Family, Goldman Sachs in talks for 40% stake in Hindustan Coca-Cola Beverages
The Bhartia family, led by brothers Shyam and Hari, is in advanced negotiations with Goldman Sachs to acquire a 40% stake in Hindustan Coca-Cola...
Zomato welcomes Swiggy for stock market debut: “You and I… In this beautiful world”
Food tech major Zomato warmly welcomed Swiggy's debut on the stock market with a heartfelt social media post on Tuesday, November 13.Swiggy and zomato...
Swiggy to create 500 Crorepati employees via ESOP before IPO
Swiggy's upcoming public market listing is expected to make about 500 employees crorepatis due to stock options given through the company's ESOP (employee stock...
Nykaa targets 2-hour delivery for key products, moves from 10-minute model
Amid the quick-commerce boom in India, Nykaa is not focusing on 10-minute deliveries. Instead, the beauty and fashion ecommerce giant is aiming for delivery...