BUSINESS
Zomato's bell ringing ceremony to be a low-key affair with a few riders, customers & restaurant partners in attendance
The employees who are working from home will be able to catch a glimpse of the ceremony on a live streaming link which will be shared only with the staff.
BUSINESS
Karnataka High Court to pronounce order in Amazon-Flipkart vs CCI case on July 23
The two companies had challenged an earlier judgement of a single judge bench which was pronounced by Justice PS Dinesh Kumar allowing the CCI to continue its investigation.
BUSINESS
Consumer Protection Rules: Customers to get negatively impacted, say e-com firms seeking changes in proposed rules
Earlier in their meeting with the Consumer Affairs Ministry, Amazon said that the proposed rules were confusing and had some inconsistency.
BUSINESS
MC Interview: Swiggy co-founder CEO Sriharsha Majety on his ambitions beyond food delivery
In a rare interview after Swiggy closed a $1.25 billion funding round, Majety spoke about the market potential, what the Zomato IPO means for Swiggy, his bets on breakout areas such as grocery and meat delivery, the intense war for talent and why India has huge potential going forward.
BUSINESS
HealthifyMe raises $75 million from LeapFrog, Khosla Ventures, and others
The company will use the funds to expand in India and Southeast Asia, make inroads into North America, as well as to acquire relevant companies in the digital health and fitness space.
BUSINESS
Swiggy closes $1.25 billion in funding, to double down on Instamart, acquisitions, talent
Swiggy CEO Sriharsha Majety also reacted to rival Zomato's upcoming IPO for the first time, stating that it is a great validation for the category it operates in, adding that he wishes Zomato the best.
BUSINESS
BharatPe offers work-from-Dubai, BMW Superbike and Apple iPads to lure tech talent
The ccompany which offers fin-tech solutions for merchants plans to offer superbikes and Apple iPads among other things to triple its technology team.
BUSINESS
Board has asked us to get ready for IPO: Oyo CFO
In an interaction with Moneycontrol, group chief financial officer Abhishek Gupta talks about the structure of debt financing which is new to the Indian market, company's IPO plans and market recovery expectations among other things.
BUSINESS
Decoding Paytm's IPO documents in five charts
Paytm's IPO plan, its management, business areas and more decoded in charts
BUSINESS
Paytm IPO | One97 Communications files draft papers for Rs 16,600-crore public offering
Paytm IPO: The company's move to file its Draft Red Herring Prospectus (DRHP) with Sebi comes days after its shareholders approved its plans to raise Rs 12,000 crore through a fresh issue of shares.
BUSINESS
Oyo raises $660 million in debt funding
The company will utilize these funds to retire its past debts, strengthen the balance sheet and boost the product technology, among other things.
BUSINESS
Swiggy goes the Peppo, DotPe way; pilots ‘order direct’ in Mumbai
The crucial difference in the direct ordering channel is that it allows restaurants to directly engage with customers. Restaurants association says Swiggy has been in talks with restaurants for over a month and has been experimenting with sharing customer data and rationalising commissions.
BUSINESS
Zomato IPO | 27% applicants on our platform were under 25 years of age, says Paytm Money
Women contributed 10% of overall applications on the first day of bidding with a marginally higher ticket size as compared to male counterparts.
MCMINIS
What's a Take Rate?
Take rate in e-commerce parlance is the commission fee charged by a marketplace for a transaction it facilitates on its platform.
BUSINESS
'One step for Zomato, a giant leap for Indian startups': How founders of other startups are reacting to the IPO
As the Zomato IPO is one of the country’s first by an internet company, there is great excitement in the startup world. Other startups like Paytm and Mobikwik are in queue.
BUSINESS
Wow! Momo launches frozen momos, ties up with BigBasket
Wow! Momo has tied up with BigBasket for an initial distribution
BUSINESS
Neeraj Arora rejoins Paytm board ahead of its IPO
According to media reports, Arora had quit Paytm's board in 2018, soon after Paytm founder Vijay Shekhar Sharma had criticised WhatsApp UPI payments model on micro-blogging site Twitter.
BUSINESS
From Renu Satti to Bhavesh Gupta: Meet the people likely to make it to Paytm's DRHP
Paytm will be filing its Draft Red Herring Prospectus with SEBI shortly
BUSINESS
NRAI files additional info with CCI, says Zomato, Swiggy force restaurants to offer discounts
Restaurants association claims that the aggregators have shifted the entire cost burden of discounts to the restaurants. There have also been instances of some restaurant partners being de-listed for offering better rates to other channels, it says.
BUSINESS
Paytm gets shareholders' nod to raise Rs 12,000 crore, founder Vijay Shekhar Sharma to be declassified as promoter
Paytm will be filing its Draft Red Herring Prospectus with the market regulator (SEBI) shortly
BUSINESS
Paytm Money allows applications before IPO opens, begins with Zomato
Zomato is the first IPO on Paytm Money launched with the feature.
BUSINESS
Financial services head Amit Nayyar besides other senior executives exit Paytm ahead of IPO
One97 Communications, the parent of digital payments giant Paytm is likely to file its draft red herring prospectus (DRHP) with market regulator Sebi shortly after the firm’s EGM scheduled for July 12, Moneycontrol reported on July 6.
BUSINESS
Exclusive | Discounts core to our business, investors not in a hurry to see profits: Zomato
Moneycontrol spoke to Zomato co-founder Gaurav Gupta and its CFO Akshant Goyal on its much-anticipated public listing, its key challenges and future plans.
BUSINESS
Zomato to soon launch grocery section on its app; confirms investment in Grofers
Zomato IPO is set to open for subscription on July 14 and close on July 16.
