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Mohammed Zaid

Stealth • 1m

Around 70 former and current Swiggy employees stand to make over ₹8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning ₹9,000 crore via ESOP payouts. Swiggy shares debuted on NSE and BSE at premiums of 7.7% and 5.6%, respectively, on Wednesday.

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financialnews

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Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut Swiggy's IPO debuted at ₹420 on NSE, up 7.7% from its issue price. The IPO was oversubscribed 3.59 times, attracting significant interest from institutiona

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As the labour department received many emails from former Byju's employees regarding full and final settlements, Karnataka Labour Minister Santosh Lad met representatives of the troubled edtech firm and urged them to settle outstanding dues owed to f

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Havish Gupta

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Unique Startup Stories (11/20) Meet Skillmatics, an educational toy company funded by "Sequoia Capital". ABOUT IT • It was founded in 2016, by Devanshi Kejriwal and Dhvanil Sheth in Mumbai. • It creates educational games for children in pre-school

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Harsh Dwivedi

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Top News of the Day: 1. Zetwerk, a startup, is planning to raise $1 billion through an initial public offering (IPO) after engaging in talks with JP Morgan 2. Apple Inc plans to increase its iPhone production volume to 32% and its production value

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Top News Of the Day: 1. Tesla plans to lay off 6,020 employees in Texas and California as part of its strategy to address slowing demand and falling margins. 2. Boba Bhai,a quick-service restaurant (QSR) brand focused on bubble tea and other food

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Harsh Dwivedi

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Medial • 4m

Top News of the Day: 1. IPO-bound food delivery giant Swiggy has made key executive appointments ahead of its public listing. 2. YouTube app and website down for some users in India 3. India’s pet retail on its way up as Upstox founders invest in

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Medial • 6m

Top News of the Day: 1. KreditBee Subsidiary KB NBFC Raises $32 Mn In Debt Funding 2. Agrifinance startup Samunnati has secured a debt tranche of Rs 133 crore ($16 million) from impact investor Blue Earth Capital. 3. Bengaluru-based startup rampp.

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Medial • 7m

Top News Of the Day: 1. Ecommerce giant Flipkart is in talks to shift its parent entity from Singapore to India 2. SS Supply Chain Solutions (3SC) has raised Rs 31 crore (approximately $4 million) from existing investors GEF Capital’s South Asia Gr

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Harsh Dwivedi

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Medial • 11d

Top News of the Day: 1. Citigroup has introduced new artificial intelligence tools for its employees in eight countries, including the US, Canada, and the UK. Around 140,000 staff members will have access to these tools 2. Swiggy posts Rs 3,600 Cr

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Harsh Dwivedi

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Medial • 1m

Top News of the Day: 1. SaaS startup Zeplyn raises $3 million from Leo Capital, others 2. India's food and grocery delivery firm, Swiggy, made a strong stock market debut, listing at a 5.6% premium to its IPO price of Rs 390. 3. Prosus offers to i

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