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Swiggy Funding: Swiggy raises $1.25 bn funding from SoftBank, others to push non-food delivery indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
From Zomato's IPO to Delhivery's fundraise to Paytm's DRHP — These were the biggest developments this week businessinsider.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.in Daily Mail and Mail on Sunday newspapers.
Indian regulator CCI approves Softbank’s $450m investment in Swiggy July 13, 2021 India’s market watchdog, Competition Commission of India (CCI) has approved a $450 million investment from Japanese-conglomerate Softbank into Bundl Technologies, parent of food tech unicorn, Swiggy. This is a part of the ongoing Series J round, which saw the likes of new investors including Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sachs, invest close to $800 million in the six-year-old startup, earlier in May this year. On Monday, CCI wrote on microblogging website Twitter, that it has approved the investment. “The Commission approves the proposed acquisition of a certain stake in Bundl Technologies (Swiggy) by SVF II Songbird (SoftBank Group entity),” read CCI’s tweet. ....
Indiantelevision.com's The Ad Linx Reporter dated 13 July 2021 - Global and Indian advertising news, information and data at your fingertips indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
A tale of two IPOs Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We ll soon meet in your inbox. / Morning Dispatch Hi, Digbijay here. Today, Ashwin and I report on two well-known payments startups and their plans to cash in during the upcoming IPO rush. SoftBank’s investment in Swiggy gets CCI nod Antrix urges US federal court to stop Devas Mobikwik files for IPO, shareholders approve Paytm’s It’s finally happening. A clutch of Indian startups, after raising venture capital money, are now set to go public. And it’s happening fast. ....