Economic Times
The anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.
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
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
Existing investors Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund, participated in the fund
This acquisition aims to position Tessolve as a leading design firm capable of delivering advanced turnkey solutions, particularly in System on Chip (
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
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
The Gurugram-based startup, which operates insurance marketplace Policybazaar and credit marketplace Paisabazaar, had reported a loss of Rs 21 crore i
The satellite constellation will deliver critical data across various applications, from early detection of crop diseases and pinpointing water stress
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
Apple refused to remove two podcasts that contained "information aimed at destabilising the political situation in Russia."
China's Xiaomi had complained to the Competition Commission of India (CCI) that the report - which found Flipkart, some of its sellers, and smartphone
As part of this partnership, Garuda Aerospace has officially launched its operations in Sri Lanka. The Chennai-based company will collaborate with CYO
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.
Swiggy is in competition with Zomato in food delivery, quick commerce and dining out. Here’s how they stack up
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.
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
The company plans to use the funds to develop advanced agricultural drones tailored to customer needs, expand its channel partner network, and establi
Funds raised will be used for further investment in technology and new feature launches like embedded insurance, gen-AI led recommendation engine a
Kenko, founded in 2019, was trying to build a subscription-based health insurance product to protect its users against hospitalisation and outdoor tre
