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Vikram Kumar

Founder at Stockware • 10m

🚨 Zomato Exploring Cash Raise Through QIP! 🚨 I just came across an interesting development—Zomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as Swiggy prepares for its own IPO, targeting $450 million in primary capital, with the option to go up to $600 million. As Zomato explores this, the company holds $1.5 billion in cash reserves as of June 2024 but recently spent $244 million to acquire Paytm's ticketing business. With both giants strategizing for growth, it’ll be exciting to see how these moves impact their competition in the food delivery market. #Zomato #Swiggy #IPO #QIP #FoodDelivery #Funding #Startup #BusinessStrategy #Investment

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Sanskar

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Yash Barnwal

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Comparing the Pre-IPO📈Fundamentals: Swiggy vs. Zomato - Which Food Delivery Giant Has the Stronger Financials🤑? Share your views on this 🤓

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Amazon enters the quick commerce playground with its service "Amazon Now"! As if we didn’t already have Zomato, Swiggy and Zepto racing to our doors 🙂

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Rishi Chavan

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Swiggy is expanding its operations for 10 Min delivery feature Bolt and on the flip side Zomato has halted its feature Quick. 😂

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Milan Rabari

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is there any online platform available for tea stalls ,like food platform as Zomato and swiggy??

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