GST Council Decides to Set Up Two GoMs
Union Finance Minister Nirmala Sitharaman announced the two GoMs after the GST Council’s 45th meeting in Lucknow. She said there were apparent anomalies in the...
Tag : Swiggy
Zomato Backsteps on Grocery Delivery for Second Time
Zomato has cancelled its grocery delivery plans for the second time in two years, the company declared in an email. Zomato had begun its 45-minute...
Swiggy to Cover 8 Lakh Km Per Day Using EVs by 2025
Swiggy has committed to increase the use of electric vehicles in its fleet and cover at least eight lakh kilometers per day through EVs by...
Swiggy Raises $1.25 Billion in Funding Led by SoftBank
Swiggy has raised $1.25 billion in a funding round led by investor SoftBank Vision Fund 2 and Prosus. “The scope of food delivery in India...
Flipkart Considering Buyback of ESOPs Worth $125 Million
Flipkart is considering a buyback of Employee Stock Options (ESOPs) worth nearly $125 million while it works on a proposed fundraising round. Flipkart has already...
Razorpay Raises $160 Mn at $3 Bn Valuation
Digital payments and business banking platform Razorpay said it has raised $160 million in its Series E round of funding, at a valuation of $3...
SoftBank to Invest $1 Bn in Indian Startups
SoftBank is set to invest close to $1.2 billion in Indian startups in the first quarter of the current financial year, two sources aware of...
Swiggy Gets $800 Million in Funding at $5 Billion Valuation
Online food delivery platform Swiggy has raised $800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac, and Goldman Sachs, the company’s...
Zomato on Course for $1 Billion IPO
Zomato, the food-delivery app poised to be the first among a growing tribe of Indian tech startups eyeing a listing this year, is expected to...
Zomato Raises $250 Million in Funding from Tiger Global
Info Edge on Monday said its investee company Zomato has raised $250 million in funding from Tiger Global, Kora, and others, valuing the online food...