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Swiggy is going public! The foodtech giant has filed its Draft Red Herring Prospectus (DRHP) with SEBI, marking its first step towards an IPO. Curious about what this means for the company and investors? Join the thread 🧵 for a deep dive into Swiggy

Let's decode one pattern : • Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO. • Startups backed by Softbank such as OLA Electric and OYO are ra

Trending News of the Day. 1.I India's 🇮🇳 GDP growth expected to increase by 7.0% 2. Nivida partners with Reliance to create AI infrastructure in india. 3. Hospitality company OYO made RS 158 crores Profit, in Q2ofFY25 revenue stood 1,578 cross

Indian electric scooter manufacturer Ather Energy is aiming to raise approximately $530 million through its initial public offering (IPO), as outlined in its draft prospectus filed on Monday. The Bengaluru-based startup plans to capitalize on the inc

Oyo’s Strategic Moves: IPO Acceleration ‼️ Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc Recently, senior executives and lead bankers met with SEBI to discuss business performan

Nowadays, Various Startups like OYO, Zomato and now Urban Company is profitable 📈💭. • It seems to be great trend for Indian Startups to get funding from Big VC's Such as SoftBank, Sequoia Capital,Tiger Global and Accel. • It's good sign for earl

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

Why did Tata Play, Oyo & Swiggy go for confidential IPO filing? 😅😅 Last week, many mocked Swiggy for filing IPO papers with SEBI under the confidentiality route. They said, “Keep the IPO also private!” This made me realise, most people don’t even

Top News of the Day: 1. Ola Electric has responded to MapMyIndia's accusations of data misappropriation as "opportunistic." 2. Ola Cabs has introduced a loyalty program called Ola Coin and relaunched its ride-sharing service on its platform in an e

A Brief Timeline: Ritesh Agarwal Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00