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Sovereign investors from Kuwait and Singapore drive Zomato’s stock rally with increased stakes
While Tiger Global, Ant Financial, and SoftBank have divested their holdings in Zomato, large sovereign investors from regions like Kuwait and Singapore have increased...
Snapdeal-backed Unicommerce files DRHP for IPO, existing investors set to sell up to 2.98 Cr shares
Snapdeal-backed SaaS startup Unicommerce has submitted its draft red herring prospectus (DRHP) to market regulator SEBI, marking the fifth Indian startup to do so...
SoftBank to lead FirstCry IPO sell-off with up to 2 Crore shares; other major stakeholders follow suit
SoftBank is set to offload the highest number of shares in Pune-based omnichannel marketplace FirstCry's initial public offering (IPO). According to the draft red...
IPO-bound FirstCry faces soaring losses, reporting over 500% surge to INR 486 Crores in FY23
IPO-bound omnichannel retailer FirstCry witnessed a fivefold increase in its net loss during the financial year concluding on March 31, 2023. The Mumbai-based startup...
SoftBank sells off 9.35 Crore shares of Zomato in block deal worth INR 1,127 Crore
On Friday, the Japanese technology investor SoftBank executed a block deal, selling 9.35 crore shares of the foodtech giant Zomato for INR 1,127 crore.According...
Zomato experiences stock boost following high-value block deal
Zomato, the foodtech industry leader, saw a slight uptick in its stock during the initial trading hours this Friday, propelled by a substantial block...
SoftBank considers divesting another 1.1% stake in Zomato for $135 Million
Japanese tech investor SoftBank's SVF Growth is exploring the possibility of divesting another 1.1% stake in Zomato through a block deal worth $135 million.According...
Alipay to sell its entire 3.44% stake in Zomato in a block deal worth $400 Million
Chinese payments group Alipay is reportedly planning to divest its entire 3.44% stake in the foodtech major Zomato through block deals, with an approximate...
SoftBank to reduce stake in Swiggy as food delivery platform gears up for $1 Billion IPO
Swiggy, the leading food delivery platform, is gearing up for its stock market debut around mid-2024. Touted as the most substantial initial public offering...
SoftBank to divest 1.1% Zomato stake for INR 1,023 Crore
SoftBank, the Japanese tech investor, has set its sights on divesting a 1.1% stake in the Indian foodtech giant Zomato. As reported by CNBC-TV18,...
Kroger and Albertsons move closer to $24.5 Billion merger with sale of 400+ stores to C&S Wholesale Grocers, SoftBank considered for financing
Kroger Co and Albertsons Cos Inc are edging closer to finalizing an agreement aimed at obtaining approval from U.S. regulatory authorities for their planned...
Zomato shares maintain momentum, gain 1% following SVF block deal
Shares of the foodtech giant Zomato extended their 5% rally from the prior day as the morning trade on Thursday (August 31) saw a...