Zomato launches $1Bn QIP to fund Blinkit expansion

Food delivery aggregator Zomato has finally initiated its Qualified Institutional Placement (QIP)…

Swiggy plans to raise ₹5,000 crore in upcoming IPO, up from the previous ₹3,750 crore target: Report

Swiggy is planning to seek shareholder approval for a substantial increase in…

Ola restructures Foodpanda business, focus shifts to enhancing in-house culinary brands

Struggles of sustaining in an already crowded food delivery business, coupled up…

Zomato plans to acquire Runnr, kickstart in-house delivery operations

According to Info Edge, Zomato’s largest investor, the online food and delivery…