SoftBank-backed Indian food delivery giant Swiggy is eyeing a monster IPO. The company is gunning for a valuation of about $15 billion to raise $1 billion to $1.2 billion. This will be among the biggest initial public offerings this year in India. Swiggy is engaged in a stiff battle for market share in the Indian…
Introduction The Indian e-commerce sector has experienced remarkable growth over the past decade, propelled by increasing internet penetration, widespread smartphone usage, and the rise of a burgeoning middle class. Two companies that have played pivotal roles in this transformation are Flipkart and Snapdeal. This case study explores their journeys, comparing their market share, business goals,…
According to a report in The Economic Times, food delivery services such as Swiggy, Zomato, and BigBasket may start offering low-alcohol beverages like wine and beer in more states. Currently, only two states, West Bengal and Odisha, allow alcohol delivery to homes. However, the article suggests that six state authorities are considering a trial project…
MUMBAI India’s largest cement maker UltraTech Cement has agreed to buy a 32.72 percent stake in debt-laden rival Bharat Cements. M-cap per share Rs 390. Last June 2024, UltraTech had acquired a 22.77 per cent share from investor Radhakishan Damani paying Rs1,889 crore for the stake. The open offer in the UltraTech plan will also…
IntroductionThe marketing mix, often referred to as the 4Ps (product, price, place, and promotion), is a fundamental concept in marketing that helps businesses strategize and position their products effectively. In the food industry, the marketing mix plays a crucial role in determining the success of a brand. This case study explores how McDonald’s, one of…
Yes, UPI has crossed the milestone of processing 500 million transactions on a daily basis for a couple of times in August. This is a significant jump for UPI in daily volume as the Indian government has set the ambitious target of clocking 1 billion transactions per day by UPI by 2026-27. UPI is a…
Paytm India’s biggest digital payments service provider has said it is divesting its entertainment ticketing vertical to Zomato, a food delivery platform. The stock and cash deal is expected to be at Rs 2,048 crore and will involve the acquisition of Paytm’s subsidiaries Orbgen Technologies and Wasteland Entertainment that respectively own TicketNew and Insider. Paytm…
Business advisory firm Riveron, backed by Kohlberg & Co, has acquired a startup Yantra, establishing itself as a top NetSuite Alliance partner. The move integrates Yantra’s state-of-the-art AI, data science and automation capabilities and increases Riveron’s global team size to more than 1,000. “Yantra’s startup agility enhances our ability to deliver technology solutions that fuel…
Nykaa, affiliated with the internet fashion and beauty retail platform, is raising 125 crore rupees (nearly 15 million dollars) through non-convertible debentures. The Nykaa board has approved issuing around 12,500 non-convertible debentures at an issue price of 100,000 rupees each to raise 125 crore rupees on a private placement basis in dematerialized form, as…
Rare Rabbit, a high-end fashion brand from Bengaluru, secured its first investment of Rs 150 crore ($18 million) in a funding round led by A91 Partners. This funding aims to propel the brand’s growth trajectory. Founded in 2015, Rare Rabbit offers designer clothing for both men and women and boasts over 100 stores across…
