Economic Times
The anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.
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IT companies such as Infosys, Tata Consultancy Services and HCLTech to global majors like Accenture have been setting up AI labs from Japan to the Nor
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This marks Mounttech’s maiden investment since its first close in July this year. On September 22, ET reported that the fund raised Rs 400 crore and
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Existing investors Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund, participated in the fund
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This acquisition aims to position Tessolve as a leading design firm capable of delivering advanced turnkey solutions, particularly in System on Chip (
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There are over 2 million Salesforce developers in India, making it the second-largest community on the Salesforce platform outside of the US. It has a
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The anchor investors have been allotted shares at Rs 390 apiece – the upper end of the price band of Rs 371-390 per share set for the IPO. More than
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The Gurugram-based startup, which operates insurance marketplace Policybazaar and credit marketplace Paisabazaar, had reported a loss of Rs 21 crore i
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The satellite constellation will deliver critical data across various applications, from early detection of crop diseases and pinpointing water stress
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This financial investigation, part of a probe opened in November 2022, is based on suspicions of "covering up serious tax fraud and off-the-books work
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Apple refused to remove two podcasts that contained "information aimed at destabilising the political situation in Russia."
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China's Xiaomi had complained to the Competition Commission of India (CCI) that the report - which found Flipkart, some of its sellers, and smartphone
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As part of this partnership, Garuda Aerospace has officially launched its operations in Sri Lanka. The Chennai-based company will collaborate with CYO
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Swiggy’s initial public offering (IPO) anchor portion opens on Tuesday and the public issue on Wednesday. This and more in today’s ETtech Top 5.
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Swiggy is in competition with Zomato in food delivery, quick commerce and dining out. Here’s how they stack up
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After two rounds of layoffs in 2023, the ecommerce platform had 1,500 employees on its roll at the beginning of 2024, compared to the peak of 5,000.
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The IPO subscription will start on November 6 and close on November 8. The anchor book will close today. Swiggy had filed its red herring prospectus o
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The company plans to use the funds to develop advanced agricultural drones tailored to customer needs, expand its channel partner network, and establi
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Funds raised will be used for further investment in technology and new feature launches like embedded insurance, gen-AI led recommendation engine a
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Kenko, founded in 2019, was trying to build a subscription-based health insurance product to protect its users against hospitalisation and outdoor tre
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