IPO
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Burma Burma eyes IPO by 2027, plans to triple footprint and reach INR 300 Crore revenue
Vegetarian Burmese restaurant chain Burma Burma aims to go public with an IPO within the next three years, according to co-founders Chirag Chhajer and...
OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half
IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...
Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue
With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...
IPO-bound Swiggy pilots large-order fleet in Delhi-NCR
IPO-bound Swiggy is testing a large-order fleet in the Delhi-NCR region, mirroring Zomato's approach. Sources reveal that the Bengaluru-based startup launched the pilot recently.E͏V...
Zepto initiates talks with bankers for $450 Mn IPO, targets August 2025 listing
Quick commerce giant Zepto has reportedly initiated talks with domestic and international merchant bankers, targeting a potential listing on Indian stock exchanges by August...
Swiggy introduces ‘Incognito Mode’ for discreet ordering
Foodtech giant Swiggy has introduced an ‘incognito mode’ feature, allowing users to place orders privately on its food delivery and quick commerce platforms.The new...
Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway
IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...
Sustainable packaging firm Xolopak India secures investments from Bollywood celebrities and leading investors in pre-IPO round
Xolopak India, a prominent producer of eco-friendly disposable packaging, has secured fresh investments from Bollywood celebrities Aamir Khan, Ranbir Kapoor, and Karan Johar in...
Swiggy’s FY24 revenue soars 36% to INR 11,247 Cr; net loss nearly halves to INR 2,350 Cr
Foodtech giant Swiggy has reportedly recorded a 36% revenue growth, reaching INR 11,247 Cr in FY 2023-24, up from INR 8,265 Cr the previous...
Hindustan Composites acquires 0.01% stake in Swiggy for INR 5.175 Cr
Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR...
Baazar Style Retail raises INR 250 Cr from anchor investors ahead of IPO
Value fashion retailer Baazar Style Retail Ltd. has raised INR 250 crore from anchor investors, just ahead of its initial public offering (IPO) set...
Unicommerce shares surge over 12% ahead of Q1 FY25 earnings report
Shares of Unicommerce surged over 12% to INR 232 each on the BSE during Friday's intraday trading. The rally comes ahead of the enterprise...