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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

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

BlackBuck filed a DRHP for IPO willing to raise ₹550 crores backed by Flipkart & Accel. Indian trucking market is huge still unorganized, unexplored from many ends, expected to grow to $44B by 2032 exhibiting a growth rate (CAGR) of 7.86% during 202

Swiggy's upcoming IPO will be a multibagger win for early VC investors. 🎯Detailed insights will be available once their DRHP is public, but if you look at the history - - Elevation Capital: Investment of $5.9 M turned into $61.8 M (~10x returns) -

Game Changing Growths of India [ PART 1 ] In 2014, an e-commerce website called Bundl was rebranded as "SWIGGY" to enter the food delivery market and in August 2014. In 2015, Swiggy recieved $2 million investment from Accel and SAIF Partners with a

Indian AI startups: Uniphore Technologies Industry: Conversational Service Automation (CSA) Funding: Total funding raised: Over $658 million across 13 rounds (as of June 20, 2024) Largest funding round: Series E in January 2022 for $400

𝗥𝗮𝗽𝗶𝗱𝗼 𝗘𝘆𝗲𝘀 𝗘𝗻𝘁𝗿𝘆 𝗜𝗻𝘁𝗼 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗤𝘂𝗶𝗰𝗸 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗦𝗽𝗮𝗰𝗲, 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝘄𝗶𝘁𝗵 𝗭𝗲𝗽𝘁𝗼 - 𝗧𝗢𝗜 According to a report by TOI, Bengaluru-based Rapido has started discussions wit

Top News of the Day: 1. Meme-based dating platform Schmooze has raised $4 million in a Series A funding round led by Elevation Capital. 2. Indian electric scooter manufacturer, Ola Electric, has been facing mounting complaints from customers, recei

Top News Of the Day: 1. Omnichannel fashion startup Lyskraft, founded by Zomato’s co-founder Mohit Gupta and Myntra and Cultfit’s co-founder Mukesh Bansal, has scooped up $26 million in a seed funding round. 2. B2B credit management platform CheQ h

Top News of the Week: 1. Funding: - On a weekly basis, startup funding slipped 45.7% to $228.79 million as compared to around $421.29 million raised during the previous week. - During the week, 24 Indian startups raised around $228.79 million in f