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Itโs all about who can raise more funds. Zomato didnโt need a QIP, but Swiggyโs IPO plans pushed them into it. Itโs basically corporate ego at this point. Whoever raises more cash will likely dominate the market in the next few years
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Zomato Raises Rs 8.5k Crore in QIP By Applyly November 30, 2024 Zomato Raises Rs 8.5k Crore The food delivery giant Zomato is doing wonders on social media. The startup is in news nearly every week. The startup has successfully raised Rs. 8.5k crore
See MoreFounder @StudyFlames...ย โขย 10m
๐ Inside Swiggy's Ownership Ahead of IPO! ๐ Ever wondered who owns Swiggy as it gears up for its IPO? Hereโs the breakdown of its top stakeholders:- ๐ด Major Shareholders:- โ MIH India Food Holdings B.V. (Naspers) - ๐ Largest shareholder wit
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What's your take on this? This is from The Psychology of Money by Morgan Housel. "Studying a specific person can be dangerous because we tend to study extreme examplesโthe billionaires, the CEOs, or the massive failures that dominate the newsโand
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Top News of the Day (8/10/2024) 1. Leegality turns profitable with 87% revenue growth in FY24 2. Magicpin becomes largest food delivery seller app on ONDC 3. Swiggyโs Sriharsha Majety gets $200-mn ESOP package before IPO 4. Pharmaceutical packagi
See MoreBusiness Coachย โขย 5m
๐จ Decagon raises $131โฏM SeriesโฏC from Reuters (reported via Reuters), valuation at $1.5โฏB ๐ง Why it matters: CX-AI is in full swing โ businesses now back customer service automation with unicorn cash. ๐ Quick Insight: CX founders: position your
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๐ Aspiring Entrepre...ย โขย 9m
๐จ Swiggyโs SNACC: A Genius Move or a Customer Trap? ๐จ Swiggy just launched SNACC (Swiggy Network of Accessibly Curated Choices)...a fancy name for something far less glamorous: a way to make you pay more for less! Hereโs whatโs really happening b
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Become the 1%ย โขย 6m
"Swiggy Serves Up Double the Losses with a Side of Soaring Sales!" Swiggyโs Q4 was like ordering a gourmet meal and getting hit with a giant bill โ their losses almost doubled to โน1,081 crore, even though revenue from operations spiced up 44.8%! Itโ
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