Economic Times
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
In an interview to PTI, Kapoor said Swiggy is "not very acquisitive in nature" but is open to pursuing inorganic growth through acquisitions for the q
CastNX Private Limited, a deep-tech startup specializing in power electronics, has secured ₹23.22 crore in funding from Plutus Investments and Holdi
ISpA's director general Lt Gen (retired) AK Bhatt pointed out that while regulatory advancements have been made in recent years to support space start
The firm added that the Bengaluru center has consistently grown since 2012, delivering innovative solutions across semiconductor, healthcare, technolo
This comes months after Fidelity, along with Singapore’s sovereign wealth fund Temasek, had invested $200 million in Lenskart through a secondary tr
The government issued a notice to Wikipedia on Tuesday, expressing concerns over bias, inaccuracies, and the concentration of editorial control among
Non-profit Global Witness tested how Facebook was dealing with hate speech ahead of the presidential vote by analyzing 200,000 comments on the pages o
Meta said that it would make its AI models, called Llama, available to federal agencies and that it was working with defense contractors such as Lockh
At least 87 of Musk's posts this year have promoted claims about the US election that fact-checkers have rated as false or misleading, amassing 2 bill
The company now expects 2024 revenue in a range of $2.805 billion to $2.809 billion, up from its prior expectation of $2.742 billion to $2.750 billion
NXP provides manufacturers with chips and other technology essential for high-speed digital processing utilized in sectors like automotive, manufactur
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate eco
During the restriction period, Meta will disallow new political ads. However, previously served ads with at least one impression before the ban's impl
