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Zomato CEO Deepinder Goyal Congratulates Swiggy On Entering Stock Market
In 2021, Zomato shared a similar creative on social media after it went public.
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Opinion | Freshers to Founders: What The 'IPO Wave' Really Says About India's Startups
The current wave of IPOs reflects a broadening investor base and a deepening trust in India's homegrown startups.
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Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
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Swiggy Said to Have Initiated Talks for IPO Plans, Eyes Stock Listing in 2024
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak markets, three sources with direct knowledge of the matter said. Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7 ...
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As Zomato Stock Price Falls To A Record Low, Memes Rise On Twitter
Zomato, the Indian food delivery giant, saw its shares fall more than 14% to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors ended.
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Zomato Stock Price Plunges to a Record Low as Share Lock-In Period Ends
Shares of Indian food delivery company Zomato fell more than 14 percent to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors expired following the 2021 listing.
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Zomato CEO Set to Aid Delivery Workers With Rs. 700-Crore Donation, Union Calls It a 'Ploy to Divert Attention'
Zomato CEO Deepinder Goyal announced to donate his employee stock option plan (ESOP) proceeds worth Rs. 700 crore to aid its delivery workers in a letter sent to its employees. The move has been called "a ploy to divert attention" from the recent worker protests by the Telangana Gig And Platform Workers Union (TGPWU).
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Paytm Kicks Off India’s Biggest-Ever IPO
Paytm looks to raise nearly $2.5 billion (roughly Rs. 18,527 crore) via India’s biggest-ever initial public offering IPO. Investors can now subscribe for Paytm shares before the company is listed on the stock exchange.
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Zomato's Stellar Stock Market Debut Sets Pace for Other Indian Tech Listings
Zomato surged 65.8 precent in its stock market debut on Friday, giving the startup a valuation of Rs. 98,849 crores and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.
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Zomato IPO Listing: Aggregator Sees Shares Jump 53 Percent Above Offer Price in Stock Market Debut
Zomato’s stock market listing, valued at more than $1 billion ((roughly Rs. 7,450 crores), saw shares open at a 52.6 percent premium to their offer price on Friday, gaining a market valuation of about $12 billion (roughly Rs. 89,450 crores).
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"A New Day Zero": Zomato's Deepinder Goyal's Note Ahead Of Big Listing
Shares of food delivery firm Zomato Ltd opened at a 52.6% premium to their offer price on Friday, gaining a market valuation of about $12 billion. Shares opened at 116 rupees in pre-open trade compared to the initial public offering (IPO) price of 76
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Watershed For Unicorns In India As China Tech Crackdown Spooks Investors
Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world's second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
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Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion, Got Oversubscribed 38 Times in a Day
Zomato stock offering drew bids worth $46.3 billion (roughly Rs. 3,46,845 crores) as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.
-
Zomato CEO Deepinder Goyal Congratulates Swiggy On Entering Stock Market
In 2021, Zomato shared a similar creative on social media after it went public.
-
Opinion | Freshers to Founders: What The 'IPO Wave' Really Says About India's Startups
The current wave of IPOs reflects a broadening investor base and a deepening trust in India's homegrown startups.
-
Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
-
Swiggy Said to Have Initiated Talks for IPO Plans, Eyes Stock Listing in 2024
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak markets, three sources with direct knowledge of the matter said. Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7 ...
-
As Zomato Stock Price Falls To A Record Low, Memes Rise On Twitter
Zomato, the Indian food delivery giant, saw its shares fall more than 14% to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors ended.
-
Zomato Stock Price Plunges to a Record Low as Share Lock-In Period Ends
Shares of Indian food delivery company Zomato fell more than 14 percent to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors expired following the 2021 listing.
-
Zomato CEO Set to Aid Delivery Workers With Rs. 700-Crore Donation, Union Calls It a 'Ploy to Divert Attention'
Zomato CEO Deepinder Goyal announced to donate his employee stock option plan (ESOP) proceeds worth Rs. 700 crore to aid its delivery workers in a letter sent to its employees. The move has been called "a ploy to divert attention" from the recent worker protests by the Telangana Gig And Platform Workers Union (TGPWU).
-
Paytm Kicks Off India’s Biggest-Ever IPO
Paytm looks to raise nearly $2.5 billion (roughly Rs. 18,527 crore) via India’s biggest-ever initial public offering IPO. Investors can now subscribe for Paytm shares before the company is listed on the stock exchange.
-
Zomato's Stellar Stock Market Debut Sets Pace for Other Indian Tech Listings
Zomato surged 65.8 precent in its stock market debut on Friday, giving the startup a valuation of Rs. 98,849 crores and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.
-
Zomato IPO Listing: Aggregator Sees Shares Jump 53 Percent Above Offer Price in Stock Market Debut
Zomato’s stock market listing, valued at more than $1 billion ((roughly Rs. 7,450 crores), saw shares open at a 52.6 percent premium to their offer price on Friday, gaining a market valuation of about $12 billion (roughly Rs. 89,450 crores).
-
"A New Day Zero": Zomato's Deepinder Goyal's Note Ahead Of Big Listing
Shares of food delivery firm Zomato Ltd opened at a 52.6% premium to their offer price on Friday, gaining a market valuation of about $12 billion. Shares opened at 116 rupees in pre-open trade compared to the initial public offering (IPO) price of 76
-
Watershed For Unicorns In India As China Tech Crackdown Spooks Investors
Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world's second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
-
Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion, Got Oversubscribed 38 Times in a Day
Zomato stock offering drew bids worth $46.3 billion (roughly Rs. 3,46,845 crores) as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.
