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Grapevine: Swiggy shortlists bankers for IPO; Tata weighs sale of Voltas home appliance biz

SoftBank-backed food delivery platform Swiggy has likely shortlisted seven investment banks to prepare for its initial public offering that it may float next year, a media report said.  The company ..

Grapevine: Binny Bansal to roll out AI startup; Capella, Zepto gets funding

Flipkart co-founder Binny Bansal is gearing up to launch an AI-as-a-service startup that will target global customers, a media report said.   Bansal has hired 15 experts ..

Grapevine: Mankind in fray for Ayurveda firm; Adani may sell stake in consumer arm

Mankind Pharma and Baidyanath Ayurveda have entered the race with other companies to buy out a government-owned Ayurveda firm, a media report said.  The two companies, ..

Grapevine: Matter Group to raise funds; Vedanta parent seeks $500 mn in private credit

Electric mobility startup Matter Group is looking to raise fresh funding over the next two years, a media report has cited. The Gujarat-based company is aiming ..

Grapevine: Coca-Cola India to sell some facilities; Elevation may back Wakefit

The India bottling arm of Coca-Cola is in the advanced stage of discussions to sell some of its units, a media report said.  Hindustan Coca-Cola Beverages ..

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