NEWS PAGE • 8m
Chinese food delivery and lifestyle e-commerce platform Meituan has sold over $200 million worth of its stake in Swiggy to a US-based investor in a secondary deal, according to three sources who spoke to Entrackr. Meituan first invested in the Bengaluru-based firm in 2018 and increased its holding by participating in another round in 2020.
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As Zepto gears up for its IPO, the quick commerce giant has onboarded prominent investors Motilal Oswal and Raamdeo Agrawal, founders of Motilal Oswal Financial Services. This move comes as major players in the quick commerce space aim to boost dom
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Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing. The report said the edtech unicorn will use the raised capital for
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Kolkata-based quick service restaurant (QSR) chain Wow! Momo is reportedly in the process of raising INR 130–150 crore through a bridge funding round. ⚡ Sources reveal that the company—known for its brands Wow! Momo, Wow! China, Wow! Chicken, and Wo
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