Sunday, November 24, 2024

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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...

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,...

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...

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