Zomato IPO Subscribed 1.05 Times on First Day
The initial public offering (IPO) of Zomato opened on Wednesday, with more than 36 per cent of shares offered being subscribed in the initial hours....
Tag : Zomato
Zomato Aims For Spike in Valuation to $10 Bn
Zomato, India’s largest online food delivery platform, plans IPO valuation to $10 billion amid a surge in online food-ordering, restaurant-bookings and subscriptions for Zomato Pro...
Info Edge Cuts Offer for Sale Size by Half to Rs 375 Crore
Info Edge is one of the most significant stakeholders of the food delivery app Zomato. It reduces its offer for sale (OFS) size in Zomato’s...
Zomato Invests $ 100 Million to Turn Grofers into Unicorn
Zomato has agreed to invest $100 million in online grocery Grofers for about a 10 per cent stake. According to TechCrunch, the proposed investment values...
Apna Raises $70 Million From Tiger Global
Apna.co has raised $70 million in Series B Funding from Insight Partners & Tiger Global at a $570 million valuation along with its existing investors...
Zomato to Adopt 100% Electric Vehicles by Year 2030
Zomato has said it will adopt Electric Vehicles (EVs) for 100% of its fleet by 2030. Zomato founder and CEO Deepinder Goyal said the company...
HUL to Airlift 4,000 Concentrators Oxygen
Hindustan Unilever Ltd (HUL) has said it is airlifting 4,000 oxygen concentrators into India to address the severe shortage of medical oxygen in the country....
Info Edge to Sell Shares Worth Rs 750 Crore in Zomato-IPO
Food delivery platform Zomato has filed its Draft Red Herring Prospectus (DRHP) with the market regulator today, kicking off one of India’s most anticipated internet...
Several Startups Join India’s Fight Against Second Wave of Covid-19
Several startup entrepreneurs, investors, and startup collectives have joined India’s fight against a ravaging second wave of Covid-19, donating funds and providing logistics to help...
Zomato Rolls Out Covid-19 Priority Food Delivery Feature
Food delivery app service Zomato on Wednesday rolled out a feature to prioritize deliveries related to the Covid-19 emergency on its app, co-founder and CEO...