Login

Feed Post

Vikram Kumar

Stealth • 4d

🚨 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

0 replies2 likes

More like this

Recommendations from Medial

Image Description
Image Description

BigLoot IN

Stealth • 4d

🚨 Zomato is Planning To Raise Over ₹4185 Crore Through QIP as Per Media Reports Zomato Has Cash Reserves of ₹12,539 Crore Swiggy’s IPO Size is Around ₹11,664 Crore Zomato Being Aggressive, Crucial Timings

3 replies11 likes
1
Image Description
Image Description

Rohan Saha

Stealth • 4d

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

4 replies14 likes
Image Description
Image Description

Yash Barnwal

Stealth • 4d

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

9 replies22 likes
8
Image Description
Image Description

Yash Barnwal

Stealth • 5d

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

See More
15 replies5 likes
1
Image Description
Image Description

Chamarti Sreekar

Stealth • 14d

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.

5 replies7 likes
1
Image Description
Image Description

Pipon Gain

Stealth • 6m

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

See More
23 replies11 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 2d

• Zomato is planning to raise about ₹8,500 crore through a Qualified Institutional Placement (QIP) to grow its quick delivery service, Blinkit. This money will help the company open more dark stores and improve delivery services. • Zomato's quick d

See More
8 replies7 likes

kapil jadhav

Stealth • 5m

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

See More
0 replies7 likes
Image Description

BigLoot IN

Stealth • 6d

Zomato and Swiggy Delivers More Than 35 Lakh (3.5 Million) Orders Everyday Across India They Don’t Control the Quality of Ingredients and Hygiene Standards of Restaurants Dangerous Trend, India is Sitting on a Ticking Time Bomb of a Massive Healthc

See More
1 replies5 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 6d

Zomato and Swiggy Delivers More Than 35 Lakh (3.5 Million) Orders Everyday Across India They Don’t Control the Quality of Ingredients and Hygiene Standards of Restaurants Dangerous Trend, India is Sitting on a Ticking Time Bomb of a Massive Healthc

See More
6 replies6 likes
1

Download the medial app to read full posts, comements and news.