Tiger Global
As the quick commerce competition intensifies in India, with companies branching out from FMCG and groceries to a broader range of consumer goods, Tiger Global is reportedly conducting due diligence on Zepto-owned dark stores in Bengaluru....
Fast-food chain Wow Momo Foods plans to launch an initial public offering (IPO) within the next two years, according to its CEO, Sagar Daryani. The͏͏ popular͏͏ dumpling͏͏ brand͏͏ aims͏͏ to͏͏ mirror͏͏ the͏͏ swift͏͏ growth͏͏ of͏͏ Domino's͏͏...
Breaking News
Wow! Momo surpasses INR 400 Cr revenue mark in FY23 with 88% growth
The QSR chain Wow! Momo achieved a remarkable milestone as its revenue surged past the INR 400 Cr threshold in the fiscal year ended...
Meesho to upsize next funding round to $500-$650 Million
Meesho, the ecommerce platform, is reportedly considering increasing the size of its upcoming funding round to $500-$650 million from $300 million earlier, given the...
Meesho in advanced talks to raise $300 Million from Tiger Global, SoftBank, and other investors
Ecommerce unicorn Meesho is reportedly preparing to secure $300 million (around INR 2,499 crore) in a fresh funding round, with investors including Tiger Global...
Flipkart’s valuation takes a hit, declines by over INR 41,000 Crore in two years
Flipkart, the ecommerce giant, has seen a decrease in valuation by $5 billion or approximately INR 41,000 crore since January 2022, according to equity...
Peak XV Partners and Tiger Global eye stake acquisition in SoftBank-backed Meesho amidst secondary deal talks
According to a report by ET, Peak XV Partners (formerly known as Sequoia Capital India) and Tiger Global, along with several other investors, are...
B2B seafood startup Captain Fresh secures $25M in funding Led by UK Govt-backed BII and Nekkanti Seafoods Group, eyes international expansion
B2B seafood startup Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based...
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...
Chaayos brews success: Operating revenue surges by 77% to INR 239 Crores in FY23, marking robust growth
Chaayos, the Delhi NCR-based tea-cafe chain, witnessed a remarkable surge in its operating revenue. In FY23, the figures soared by 77%, reaching INR 239...
Zomato stocks rally over 4%, market cap surpasses INR 1 Lakh Cr amidst block deal buzz
The stocks of the foodtech giant Zomato experienced a notable rally, climbing over 4% to reach the day's peak at INR 119 on the...
Wow! Momo Raises $9M in Series D, Eyes INR 100 Crore Round!
The Kolkata-based quick-service restaurant chain, Wow! Momo, has secured INR 75 crore (approximately $9 million) in funding as part of its Series D round,...
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,...
Urban Company diversifies portfolio with entry into branded products, launches ‘Native’ water purifiers
Hyperlocal services unicorn Urban Company has diversified its portfolio by venturing into the world of branded products, marking its entry with the introduction of...