IPO
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Swiggy woos high net-worth individuals with 20% discount in pre-IPO offering
Swiggy, the leading foodtech company, is gearing up for its IPO, with plans for its stock market launch set for after the upcoming general...
Invesco marks IPO-bound Swiggy’s valuation at $12.7 Billion, up 18% from last fundraise
Invesco, a US-based investor, has raised the valuation of Swiggy, a food and grocery delivery company, to $12.7 billion, according to filings submitted to...
Swiggy transitions to publicly traded company ahead of $1 Billion IPO
Swiggy, the food delivery platform, has transitioned into a publicly traded company ahead of its highly anticipated initial public offering (IPO).In a regulatory submission,...
Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA
Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...
IPO-bound Swiggy appoints Titan’s Suparna Mitra as independent director
Swiggy, a leading player in food delivery and quick commerce, has appointed Suparna Mitra as an independent director to its board.Mitra is the CEO...
Swiggy Instamart sees yet another high-profile exit as VP of Supply Chain Karan Arora resigns
In yet another key exit from Swiggy, Karan Arora, the Vice President and Head of Supply Chain Management at Instamart, a subsidiary of Swiggy,...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
IPO-bound Unicommerce launches AI chatbot to aid e-commerce sellers
Unicommerce, a Software-as-a-Service (SaaS) startup, has launched UniGPT, a GenAI platform designed to address the needs of e-commerce sellers. This platform will assist businesses...
PN Gadgil Jewellers sets sights on INR 1,100 Crore IPO, submits DRHP to SEBI
PN Gadgil Jewellers, the second-largest organized jewellery retailer in Maharashtra, has submitted its draft red herring prospectus to the Securities and Exchange Board of...
Swiggy’s strong financial performance sets stage for IPO: FY24’s first 9 months show robust growth
Ten years since its inception, the foodtech and quick commerce giant Swiggy is gearing up for a public debut this year, diligently ensuring a...
BlueStone to secure $16.5 Million in funding through debt and equity
The omnichannel jewellery startup BlueStone is looking to raise approximately $16.5 million (INR 137.7 crore) in total through debt and equity financing. Recently, the...
Meesho in advanced talks to raise $300 Million from Tiger Global, SoftBank, and other investors
Ecommerce unicorn Meesho is reportedly preparing to secure $300 million (around INR 2,499 crore) in a fresh funding round, with investors including Tiger Global...