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Vikram Kumar

Stealth • 1m

🚨 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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Rohan Saha

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This fight between Swiggy and Zomato is getting more interesting day by day, bro. Now, Zomato has also announced its QIP.

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Abdul Malik

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Zomato and Swiggy are the "Karan and Arjun of the entrepreneurial world." The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,828 crore. S

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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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Chamarti Sreekar

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Zomato Ceo Deepender Goyal has opened up about the lowest moment, his company faced when Swiggy raised $1 billion, and zomato was at $35 million only. He said that it was there we are dead moment in the company.

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Pipon Gain

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Why there is no another Zomato Swiggy happening in the country ? Is it the reason that initially it is a heavy cash burning business or any other reasons ? Also i think another zomato swiggy will happen but it is just too early right now for the ma

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