Swiggy or Zomato. Zomato, currently profitable with a larger market share, has seen a stock surge. Analysts believe Swiggy, ...
Swiggy's stock market debut saw a fully subscribed IPO, drawing interest from investors and reactions from the public, brands ...
Going by the draft papers, the company plans to utilise proceeds from the fresh issue for investing in technology and cloud ...
Comparing Swiggy with Zomato, Damodaran emphasized that both companies operate on a “time arbitrage” model, leveraging ...
Close on the heels of Swiggy’s plan to raise Rs 4,499 crore in primary capital through its IPO, Zomato has also announced raising Rs 8,500 crore through a qualified institutional placement.
It’s an incredibly exciting time for us. We’re positioned at the intersection of several high-growth sectors, and we’re looking at not just the next couple of years but one to two decades of growth, l ...
the company's net profit jumped 126.5 times reaching Rs 253 crore. The move comes amid Zomato's rival Swiggy's upcoming IPO in November. Swiggy also recently increased its fresh issue size in the ...
Domestic benchmark equity indices fell on Friday, closing the week in negative territory. Concerns over weak corporate ...
Zomato's board has approved raising up to Rs ... now generating cash (vis-a-vis a loss making business at the time of IPO), we believe that we need to enhance our cash balance given the ...
After its IPO, analysts believe Swiggy will aspire to turn EBITDA positive in the near term by curtailing its promotional and advertising ... the views of Economic Times) For more news like ...