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Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO

 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to Rs 6,664 croreNew Delhi:Food and grocery delivery major Swiggy has received shareholders' approval for...

Distribution-as-a-service start-up ofScale raises $375k in pre-seed round

The funding round was spearheaded by Early-stage VC First Cheque with participation from Matrix Partners India DeVC, Relentless VC and other angel investors Bengaluru: Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...

Scaling for success: Five reasons why e-commerce businesses should partner with enablers

Strategies for choosing and collaborating with the right enablement partner in e-commerceNew Delhi: Redseer estimates e-commerce in India to grow nearly three times in the next three years to reach $163 billion by 2026, growing at a compound annual...

Funding in food-tech startups in India: Trends

According to a report of World Bank in 2019, agriculture and food comprise of 10% in global GDP. In recent years, as the focus of consumers shifts towards sustainability, health and hygiene, India’s food sector is going through robust...

Start-up Deadpool? Government calls it a lean phase

Despite reports claiming that a Start-up Deadpool is an Indian reality, with as many as 800 new tech ventures closing shop or on death row in the past three to four years, the Government contends it is only a lean...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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