Search Results for: Naspers

Swiggy-Zomato eyeing merger amidst online food orders plunge all time low

The entry of Amazon in the online food delivery business in India is also considered to have played a critical role in merger talks between two companies.

May 29, 2020

Prosus contributes ₹100 crore for PM CARES Fund to fight coronavirus

Donations received by the PM CARES Fund are used to alleviate directly the suffering of those affected by the Covid-19 crisis and to aid the emergency response.

Apr 10, 2020

Amazon set to take on rivals Swiggy, Zomato in India's food delivery biz

With the food delivery business gaining maximum traction in India, Amazon is all set to foray into the space and take on rivals Swiggy, Zomato and others by launching exclusive brands in partnership with restaurants. The food delivery business will kickstart in Bengaluru first in March.

Feb 27, 2020

Amid talks of Zomato-UberEats merger, Swiggy's losses jumps five times

Notably, the development has come amid its arch-rival Zomato is planning to buy UberEats for an unconfirmed amount up to $200 million

Dec 16, 2019

Byju Raveendran: Key facts about India's newest billionaire and Byju's founder

Edtech startup founder Byju Raveendran, who has now joined the likes of Sachin Bansal, Binny Bansal,Vijay Shekar Sharma and Nitin Kamath, is a former classroom teacher.

Jul 30, 2019

digital payments, online shopping, digital india, payu india, lazypay

More trouble for PayU as India MD & Co-founder Shailaz Nag quits

Shailaz Nag is quitting PayU to look for more opportunities in the payments space.

Jul 12, 2019

Byju's raises $150 mn from investors led by Qatar wealth fund; education startup now valued at $5.5 bn

Venture capital fund Owl Ventures also participated in the funding round and the proceeds will be used for international expansion.

Jul 11, 2019

Indian startups attracting investors again, raise record $3.9 billion in 2019

In comparison, during the entire 2016 and 2017, the Indian startups managed to raise $4.2 billion and $4.3 billion respectively.

Jul 1, 2019

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

Mar 28, 2019

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion.

Dec 20, 2018

Byju's raises $400 million in latest round of funding; now valued at $4 billion

Byju's is now valued behind digital payments firm Paytm (One97 Communications Pvt. Ltd), cab-hailing service Ola and budget hotel chain Oyo Rooms.

Dec 12, 2018

Swiggy eyes raising Rs 2,170 crore by key backers' secondary share sales

Food delivery startup Swiggy is planning to raise Rs 6,500 crore of which Rs 2,179 crore is expected to be from second sales of the shares of key promoters.

Nov 15, 2018

Zomato secures $210 million from Alibaba's payment affiliate Ant Financial

The company plans to take its rival Swiggy head on to have a larger chunk of the pie in the Indian food delivery marketplace

Oct 13, 2018

Walmart-Flipkart deal: US retail gaint pays Rs 7,439 crore tax

The IT department had earlier sent a communication to Walmart International Holdings seeking a break-up of the taxes paid from the payment to all the shareholders.

Sep 16, 2018

Walmart-Flipkart deal to fetch Narendra Modi-led govt Rs 13,000 crore in tax?

Walmart executives had a meeting with senior income tax officials and assured them that the company will comply with all the rules and regulations.

Aug 10, 2018

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