NEW DELHI: Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise. This exceptional year not only reflected the confidence of issuers but…
BENGALURU: The e-commerce landscape in India is witnessing a convergence where quick commerce delivery services meet online retailers in their distinct ways. Major players such as Flipkart and Amazon ventured into 10-minute deliveries via small-format dark stores. At the same time, rapid-delivery specialists Swiggy, Blinkit, and Zepto are enlarging their warehouses to stock larger products,…
Zomato’s market cap has seen a remarkable 190% increase to Rs 2,51,900 crore. Zomato CEO Deepinder Goyal is India’s 2nd biggest self-made entrepreneur! Zomato’s valuation has seen a remarkable 190% increase to Rs 2,51,900 crore, positioning its CEO Deepinder Goyal as India’s second-highest valued self-made entrepreneur, according to Hurun India. Swiggy’s leaders Sriharsha Majety and…
Customer Retention and Acquisition: Swiggy’s success depends on keeping current customers and gaining new customers. These factors are crucial because a steady or growing customer base generates consistent revenue. Attracting new customers can be costly because it usually involves significant spending on advertising, promotions, and discounts, if it struggles to bring in and retain users…
The Swiggy IPO will start accepting bids from investors on November 6. The company aims to raise a significant amount of money—Rs 11,327.43 crore—through this IPO. The funds will be raised through two main methods fresh share issuance and an offer for sale (OFS). The IPO has a price band set between Rs 371 and…
