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swiggy: Swiggy converts to public limited company ahead of IPO

With this, Swiggy is closer to joining a string of new-age internet companies looking to go public including FirstCry, Awfis and Ola Electric. ....

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CCI clears Ranjan Pai's investment in PharmEasy, Retail News, ET Retail

The Competition Commission of India (CCI) has cleared Manipal group chief Ranjan Pai s investment in online pharmacy PharmEasy, according to the latest filing by the antitrust regulator. An additional investment from 360 One (formerly IIFL) in PharmEasy has also been cleared. Ranjan Pai invests in PharmEasy s funding with 360 One. API Holdings board seats acquired. Rights issue resolves debt. Monthly burn reduction and strategic direction expected. ....

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Meet man, India's highest paid founder, received Rs 2000000000 salary, he is…

Supam Maheshwari is a visionary who has made his mark in business world with his sheer dedication to creativity and his trailblazing endeavours. ....

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softbank: SoftBank offloads another 2% stake in Paytm

Earlier in February last year, SoftBank held a 13.24% stake in fintech major Paytm and has continued to dilute its stake through the course of last year. After the latest sale, SoftBank now holds a 5.06% stake in One 97 Communications, the parent entity that operates the Paytm brand. ....

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swiggy ipo: Prosus may have promoter tag in Swiggy's $1 billion IPO

While Swiggy prepares to file its IPO papers, New Delhi-based wearables and audio accessory brand Boat is likely to reconsider its plan to make an IPO in 2024, people in the know of its plans said. In 2022, it had withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India citing market conditions. ....

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