zomato

Club Concierge Services (India) led by founder Dipali Sikand, have issued a cease-and-desist notice to Swiggy over alleged trademark infringement and misuse of confidential information.The legal action comes after Swiggy allegedly misused confidential business information obtained during partnership discussions...

Swiggy on Tuesday filed the red herring prospectus with the Securities and Exchange Board of India (Sebi) for its INR 11,300-crore initial public offering (IPO). The Bengaluru-based food and grocery delivery company increased the targeted primary fundraising through issuance of new shares to INR 4,499 crore from...

Food and grocery delivery company Swiggy that would soon launch its initial public offering (IPO) granted employee stock options worth USD 271 million to its founders and top management under its latest stock-based compensation plan rolled out in April this year, the company’s pre-listing prospectus...

Food and grocery delivery firm Swiggy Thursday filed an updated prospectus for its proposed initial public offering (IPO) comprising a fresh issue of INR 3,750 crore and an offer for sale of 185.3 million shares. The Bengaluru-based company had filed the prospectus confidentially with the Securities and...

To list your Hotel for sale or Hotel for lease for free pleaseClick Here ---- Online food delivery platform Zomato has received GST tax demand orders of over INR 4.59 crore, including applicable interest and penalty, from Tamil Nadu and West Bengal authorities. The company said it plans to appeal against...

To list your Hotel for sale or Hotel for lease for free pleaseClick Here ---- Regional or hyperlocal food and beverage brands are increasingly joining quick commerce platforms such as Zomato-owned Blinkit, Zepto, Swiggy Instamart and BigBasket's BBNow. These brands are seeking to not only enhance their...

To list your Hotel for sale or Hotel for lease for free pleaseClick Here ---- SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around USD 15 billion for its upcoming stock market offering to raise USD 1-1.2 billion, three people familiar with the matter said.The deal would...

Heavy rains and water logging have severely impacted quick commerce and food delivery platforms across North India, leading to cancellation of orders and non-delivery at hundreds of pin codes even as restaurant chains and entertainment hubs, particularly in Delhi-NCR, reported significantly lower footfalls...