zomato

invesco-raises-its-valuation-of-swiggy-to-$13.3b

Invesco raises its valuation of Swiggy to $13.3B

U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to go public in about a month. In ...

m&a-can-open-up-the-playing-field-for-the-competition

M&A can open up the playing field for the competition

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Despite it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup stories ...

zomato-buys-paytm’s-entertainment-ticket-business-for-$244-million

Zomato buys Paytm’s entertainment ticket business for $244 million

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out” offerings. The acquisition, among the largest M&A deals among new-age Indian ...

zepto-raises-$340m-at-a-$5b-valuation-as-india’s-quick-commerce-market-heats-up

Zepto raises $340M at a $5B valuation as India’s quick-commerce market heats up

Indian instant delivery startup Zepto has finalized a $340 million round that values it $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to win market share in India’s contested quick-commerce market. ...