Online meals shipping platform Swiggy on Thursday discovered it has onboarded greater than 7,000 new eating places a month on Swiggy that is three,000 greater than the pre-covid times, along side handing over 10 crore orders considering the start of the lockdown.
Nearly 6,000 new eating places are small and medium eating places in comparison to three,500 withinside the pre-covid generation and…
Foreign institutional buyers (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a report 25.2 consistent with cent withinside the zone ended September 30, in step with the company’s regulatory filing.
Reliance Industries (RIL) on Thursday filed a announcement displaying the shareholding sample for the zone ended September 30.
The announcement confirmed FII…
The board of Aditya Birla Fashion and Retail Ltd (ABFRL) has authorized the elevating of ₹1,500 crore via way of means of manner of preferential difficulty to Flipkart Group, the agency stated. The fairness capital can be raised at ₹205 according to share. With this infusion, Flipkart Group will very own 7.8% fairness stake in ABFRL on a totally diluted basis.
The promoter and promoter…
Flipkart on Wednesday stated that it delivered 1 crore in the first 5 days of its Big Billion Day sale that’s a large 10 instances increase in comparison to the ultimate BBD whilst most effective 10 lakh deliveries had been made with the aid of using the ecommerce market withinside the equal period.
The platform witnessed one hundred ten orders placements consistent with 2nd and the momentum…
Big Bull Rakesh Jhunjhunwala, whose net worth has jumped forty five per considering the fact that March lows at the rebound in stocks, raised his stake in as a minimum 8 corporations at some stage in the September quarter.
Data confirmed the ace investor lapped up beaten-down auto company Tata Motors for the primary time. His call was now no longer among the key shareholders of the business…
Mumbai-primarily based cosmetics start-up Sugar has raised USD 2 million (approx Rs 14.68 crore) in a Series C investment spherical led through Stride Ventures.
Series C financing (additionally called Series C spherical) is one of the levels in the capital-elevating method with the aid of using a start-up.
“Stride Ventures… led a debt spherical of USD 2 million in Sugar Cosmetics … The fund…
Venture capital and growth-equity funding corporation SAIF Partners, which backs corporations along with Paytm, Swiggy and ShareChat, stated Tuesday it has marked the final close of its new fund.
Elevation Capital made the final close of its new fund – SAIF Partners India VII Ltd – on the targeted $four hundred million (Rs 2930 crore), it stated in a blog post.
The funding corporation had…
Sales and marketing intelligence platform Slintel, primarily based out of California, US, has raised $4.2 million investment led through Accel Partners. The spherical noticed participation from Sequoia Capital India and its current investor, Stellaris Venture Partners.
The assertion comes much less than a yr after the employer secured investment from Stellaris Venture Partners and Powerhouse…
Reliance Jio and US-primarily based Qualcomm will join hands to fast-track the deployment of 5G mobile net primarily based on homegrown technology, placing India in an different membership of countries with the functionality to provide superfast speeds of one gigabyte consistent with second (Gbps) to users.
The partnership builds at the dedication via way of means of Reliance Industries Chairman…
Foodtech platform Zomato has began out testing a brand new function in which customers can publish opinions of eating places and upload snap shots in their favorite meals objects as a way to be displayed on pinnacle of the app’s feed.
The function, that is presently to be had for pick customers, permits customers to feature a evaluate, publish snap shots and quick testimonies and connect to…
