Swiggy Goes Public, Stock Rises 18% On Opening Day
Swiggy’s IPO might have had muted interest from investors — the retail portion of its IPO was subscribed only 1.14 times — but…
Category: Startups
Here’s How Much Swiggy Executives Will Make From The Company’s IPO
Startups can be a long and brutal journey, but the results at the end might just be sometimes worth it. Swiggy’s top executives…
ED To Summon Amazon & Flipkart Executives After Raids On Their Warehouses
India’s e-commerce companies have been allegedly skirting FDI regulations for years, but it appears that matters are finally coming to a head. India’s…
Zomato’s New Feature Lets Users Buy Cancelled Orders At A Discount
Zomato might now be one of India’s most valuable 50 companies, but it’s continuing to innovate like a startup. Zomato is testing out…
Zoho CEO Sridhar Vembu Lambasts Freshworks Layoffs, Calls Them “Naked Greed”
Freshworks laid off 660 employees yesterday in a fresh round of layoffs, and that has drawn a strong reaction from a fellow Chennai-based…
Zomato And Swiggy Breached Competition Laws With “Exclusivity Contracts”, Finds CCI Probe
India’s food delivery market has been booming in recent times, but the two major players might’ve broken the law to achieve their market…
Swiggy Fined Rs. 25,000 For Artificially Inflating Restaurant Distances On Swiggy One
The last two weeks haven’t been great for the reputations of India’s food delivery apps. After Zomato was accused of selling fake paneer…
[Updated] Raid On Zomato Hyperpure Warehouse Finds Items With “Future” Packaging Dates
Zomato’s Hyperpure business — through which it supplies food items to restaurants — has grown rapidly since the company had acquired it in…
Spending $9 Trillion On Building AI Infrastructure Is “Very Reasonable”: Masayoshi Son
Everyone from big tech companies to startups to even sovereign nations have been spending massive sums of money to build up their AI…