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Zomato's shareholders have approved the plan to Rs 8,500 crore through a QIP. 99.8% of the shareholders have voted in favour of the fundraise.They have also approved setting up an ESOP trust and giving an interest-free loan to the trust.
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โข Zomato is planning to raise about โน8,500 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. โข Zomato's quick d
See MoreEntrepreneur is What...ย โขย 1y
The Most Important thing in Business is Trust Your Employees, Investors, Shareholders, Supplierers, Customers should have trust on you So you should try very hard to reap your trust in them Because Trust takes years to build and seconds to destroy
Finding my self ๐ถโ๏ฟฝ...ย โขย 5m
Big Move by Paytm CEO! Vijay Shekhar Sharma, founder & CEO of Paytm, has voluntarily given up 21 million ESOPs worth over โน1,800 crore. These ESOPs were granted under the 2019 One 97 Employee Stock Option Scheme. This decision follows SEBIโs show-c
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Amazon shareholders have requested the Board to add Bitcoin to its treasury. What this means is that Bitcoin may become the new store of value instead of cash, which erodes in value due to inflation. Two reasons for this suggested change: 1. Amazon
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Reliance & Disney have formally announced their mega merger. Combined Entity's Worth: โน70,352 Cr The JV has been approved by Competition Commission of India and anti-trust authorities in the EU, China, Turkey, South Korea & Ukraine. The merged ent
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ADJUVA LEGALยฎย โขย 4m
Startup Myth Busting ๐ฅ: "You Need Complex Legal Docs on Day 1!" Hear this often! While solid legal foundations are vital, you likely don't need that 50-page Shareholders' Agreement or intricate ESOP plan when it's just you, a co-founder, and an ear
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๐จ Siriโs AI setback sparks legal storm for Apple Apple is now facing a class action lawsuit from shareholders who claim the company misled them about the timeline for Siri's AI enhancements. Initially expected to debut with the iPhone 16, these m
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Medialย โขย 1y
Top news of the day- 1. Ghost Kitchen raised Rs. 40 Cr ($5M). 2. Varaha raised Rs. 69 Cr ($8.7M). 3. AI startup Kusho raised Rs. 6 Cr ($600k). 4. Nexus Venture Partners invest Rs. 120 Cr ($20M) in Orkes. 5. Venture Debt crossed $1B mark last fiscal
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If you want to be rich in India or any country in the world you need 3 connections โ 1=} Contral on berocracy - You can control indian berocracy by providing money and whenever you bribe them , take proofs of that meeting like video and other thing
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