Swiggy to Acquire Retail Distribution Company Lynk For an Undisclosed Sum
Online food delivery platform Swiggy said it had acquired retail distribution company Lynk Logistics Ltd to enter the massive retail market. Both companies have not...
Tag : Swiggy
Swiggy Starts Charging Rs 2 Platform Fee Per Order from Users in Metro Cities
Swiggy, the online food delivery startup, has started charging users a “platform fee” of Rs 2 per food order, irrespective of the cart value. The...
ONDC Crosses 5000 Food, Grocery Orders Daily, Grows 25 Times
Online Network for Digital Commerce (ONDC) has surpassed the milestone of 5,000 daily orders in the retail group, including foods and beverages (F&B) and grocery,...
Prosus Values its 9.67% Stake in Byju’s at $578 Million
Netherlands-based tech investor Prosus recorded a fair value of its 9.67% stake in Byju’s at $578 million at the end of the September quarter, as...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...
Supernova Raises $1.1 Million Funding from Lumikai, Others
On October 13, Supernova, a startup that provides interactive live quizzes for kids on CBSE topics, said it had raised $1.1 million in funding led...
Big Tech Officials to Appear Before Parliamentary Panel on Tuesday
According to media reports, officials from Meta, Google, Amazon, Apple, Uber and Netflix will appear before a parliamentary panel investigating anti-competitive practices in the digital...
Swiggy Introduces New ‘Moonlighting’ Policy for Employees
On Wednesday, Swiggy, an online food delivery platform, introduced a new “Moonlighting” policy for its employees that will let them take up external projects to...
Zomato Shares Drop 14% to New Low as Pre-IPO Investor Lock-in Ends
Shares of the food delivery platform company fell 14% in intraday trading on the BSE on Monday, with Zomato hitting a record low of Rs...
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...