Initial public offering watch: List of forthcoming public issues in 2021 – from Zomato to GoAir, over twelve organizations have petitioned to be listed.
Zomato To Invest $300 Million In Grofers In A Two-Pronged Growth Strategy
Speculation is that Zomato is poised for a significant financing round that may boost the Gurugram-based online grocery company at around $1 billion, and here is the reason why.
Rapido Plugs Last-Mile Gaps For Essentials Deliveries In 8 Cities
Rapido has partnered with Zomato, Swiggy, BigBasket, Delhivery, Grab, Xpressbees, and Udaan for last-mile essential delivery support.
Why 9 Out Of 10 Startups Fail: India Inc. Bleeding Losses
The pandemic took a toll on Indian Startups, hundreds of which are handing out thousands of pink slips to employees to cut losses. Even big unicorn startups are no exception.
6 Top Performing ‘Pandemic-Proof’ Indian Startups Of 2020
India has emerged as the third-largest venue for unicorn Startups despite the pandemic. The feat can be attributed to a number of factors, let’s take a closer look
10 Startups That Bled Thousands Of Jobs During The Lockdown
Poor funding, meagre investment and COVID-19 restrictions forced these top Indian startups to lay off employees in their thousands.
Zomato’s IPO Is Not Good But Great News For Swiggy
Even if we take $3.4 billion valuation into account, Zomato looks likely to take the driver’s seat from Swiggy after the launch of the IPO. If it happens, it will be no mean feat for Zomato which was far behind Swiggy till two years back. Zomato started turning its fortunes around in the beginning of this year.
Flipkart To Dream11: How Indian Unicorns Became The Most Loyal Sponsors Of The IPL
Indian startups have forwarded the legacy of corporate romance with cricket. It is almost a given that if a startup crosses the billion-dollar threshold and becomes a unicorn, it will be endorsing Indian cricket if it hasn’t already. From the title sponsorship to IPL, Test Matches and ODI series, much of BCCI’s engine is run by such heavily-funded companies that boast dynamic stories of rapid growth.
Zomato Aims To Catch Up With Swiggy In A Race of Cloud Kitchens And Cash Burn
Social restrictions compelled by the pandemic have created enormous opportunities for food delivery apps like Zomato and Swiggy. These businesses, successful and in-demand now, experienced some initial hiccups in the first phase of the lockdown, but orders then grew exponentially as the days passed. Now Zomato is looking to raise $100 million from US investment firm Tiger Global Management to further its market size.
The Unicorn Package: More Than Chinese Money, Indian Startups Will Miss The Perks That Come With It
The call to boycott Chinese products has recently caught up in India after the violent standoff between the Indian Army and Chinese PLA in the Galwan valley of Ladakh.