Instacart

Apoorva Mehta is the Indian-origin co-founder of Instacart, which he exited with a $1.3 billion fortune following the company’s initial public offering on Tuesday.

Instacart raises IPO price range after robust Arm debut

Instacart said it is now seeking to sell 22 million shares at $28 to $30 each. It was earlier aiming to sell those shares priced between $26 and $28 each.

Grocery delivery app Instacart reveals revenue jump in IPO filing

The development comes 15 months after Instacart submitted its IPO paperwork confidentially, a move that is typically a precursor to an imminent listing.

OpenAI rolls out an API for business users; early adopters include Romania's PM

Snapchat, Shopify, Instacart, Quizlet, Speak and Ford are some of the other takers of the API.

Instacart cuts internal valuation to $10 billion

The company, whose new valuation is 20% lower from $13 billion in October, has been cutting its valuation this year, beginning with a 40% reduction in March.

Instacart is said to pull plans to go public this year

The company had been one of the few tech companies seeking to go public this year, as investors all but shut their doors to putting their cash in initial public offerings of unprofitable entities.

The boy bosses of Silicon Valley are on their way out

The resignations signify the end of an era at the companies, which are among the most valuable and well-known to emerge from Silicon Valley in the past decade

Instacart mulls direct listing in snub to IPOs: Report

The move would make Instacart the latest company to snub an IPO, for decades the primary path to a stock market debut, because it risks pricing its offering too low compared to where its shares end up trading. In a direct listing, companies go public without raising money through a stock sale.

Delivery startup Instacart valued at $39 billion in new funding round

Instacart currently works with some 600 national, regional and local retailers representing 45,000 stores across North American reaching more than 85 percent of US households and 70 percent of Canadians.

Indian-origin founder of Instacart Apoorva Mehta enters the billionaires' club: Forbes

According to LA Times, Mehta had 20 startup ideas that failed. Mehta is now laughing all the way to the bank.

Instacart, Amazon workers strike as labour unrest grows during coronavirus crisis

Among the strikers were some of the roughly 200,000 workers at U.S. online grocery delivery company Instacart, according to strike organizer Gig Workers Collective, founded earlier this year by Instacart worker Vanessa Bain.

Amazon expands Prime Now, offers US alcohol for first time

The online retailer is expanding Prime Now, its one- and two-hour service, to Seattle, where the company is headquartered, and offering alcohol deliveries there.