Robinhood’s hangover, YC’s reduction and Uber’s return to form
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex,...
Read moreCategory: zomato
Uber’s ride with Indian food delivery firm Zomato comes to an end
Uber has sold its 7.8% stake in the lossmaking Indian food delivery firm for over $390 million.
Read more
Uber plans to sell 7.8% stake in Indian food delivery firm Zomato
Uber said Tuesday it assumed an unrealized loss of $707 million on its Zomato investment in the first half of this year and the quarter that ended in...
Read more
Why you have to pay attention to the public markets this week
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines....
Read more
Zomato drops 14% to record low as lock-in period ends
Shares of food delivery firm Zomato dropped as much as 14.3% on Monday to a record low after the end of the lock-in period for investors who had...
Read more
Zomato acquires Blinkit for $568 million in instant-grocery delivery push
Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks to...
Read more
Temasek in talks to invest in Google-backed DotPe
Google-backed DotPe, which helps businesses in India go online and sell digitally, is in advanced stages of talks to raise about $50 million in a new...
Read more
Daily Crunch: Better.com CEO Vishal Garg says he’s on the hook for $750M SoftBank loan
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Read more
Indian food delivery giant Swiggy is acquiring Dineout for $200 million
Swiggy has amassed millions of users in India, helping them order food and grocery online in the country. The seven-year-old startup, India’s...
Read more
Zomato tumbles below its last private valuation
Indian food delivery firm Zomato’s shares fell below 52 rupees apiece, giving it a market cap of $5.3 billion as tech stocks continue to...
Read more
Zepto, a 10-minute grocery delivery app, raises $200 million at $900 million valuation
Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute-delivery service to more cities in...
Read more
Are poison pills really that bitter?
Welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Read more
Swiggy and Zomato, food delivery rivals in India, back UrbanPiper in $24 million funding
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round...
Read more
Swiggy backs bike taxi platform Rapido in $180 million funding
Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant looks to broaden its fleet network...
Read more
India orders antitrust investigation into Zomato and Swiggy conduct
The Indian antitrust watchdog ordered a wide-ranging investigation into the conduct of food delivery firms Zomato and Swiggy on Monday following a...
Read more
Daily Crunch: Corporate management startup Ramp doubles its valuation to $8.1B with new financing
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Read more
India’s Zomato to deliver food in 10 minutes in a global first
You’ve heard about — and depending on where you live, probably tried — having startups deliver grocery to you in 10 minutes. But...
Read more
Daily Crunch: Former Metamates go from zero to unicorn with $200M crypto investment led by a16z
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Read more
Zomato and Blinkit reach agreement for merger
Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told...
Read more
Indian food delivery giant Swiggy eyes $1 billion IPO
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said....
Read more
TechCrunch+ roundup: Zendesk rejects $17B offer, sidewalk robots, recruiting survey
The laws of physics dictate that momentum can only take you so far. Eventually, external forces like gravity, friction — or increased competition...
Read more
Startups are evolving to manage growth alongside profitability
Tech firms around the world are slowly changing how they function to address concerns around their resilience and sustainability. Here are the key...
Read more
Daily Crunch: Peloton CEO in hot seat, activist investor says ‘the ride for Mr. Foley is over’
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Read more
Paytm, Zomato, Nykaa and PolicyBazaar shares drop to record lows
Shares of Paytm, Zomato, PolicyBazaar and Nykaa, four Indian tech startups that went public last year, tumbled to their record lows since market...
Read more
Indian food delivery giant Swiggy raises $700 million at $10.7 billion valuation
Swiggy, India’s top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion, as...
Read more
Record number of unicorns and IPOs: Indian startups raised $39B in 2021
In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on...
Read more
Zomato backs Shiprocket, Magicpin and Curefit, plans to invest $1 billion in more startups in next two years
Indian food delivery firm Zomato is making a series of investments in startups as it looks for ways to inorganically expand its business.
Read more
Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the...
Read more