Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signaling growing momentum in the world’s second-largest internet market. The Dutch investment group on Monday named payments giant PayU, e-commerce startup Meesho, and online jewelry seller Bluestone among the startups that are preparing for an IPO. TechCrunch reported […]

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Swiggy has expanded its 10-minute food delivery service to more than 400 cities and towns across India.

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Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares priced at ₹252.62 each ($3) in a qualified institutional placement, according to a stock exchange filing on Friday. The fundraise saw strong participation […]

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