The creditors have reportedly insisted that founder Ritesh Agarwal pay off the dues of $383 million he borrowed if the start-up does not have an IPO by October
Tag: IPO
BigBasket aims for IPO in 2 years, targets business doubling by 2026: Report
BigBasket CEO Hari Menon said that the grocery-delivery arm of Tata Sons is on a strong growth trajectory, aiming to double its business between March 2025 and 2026
Chai Point likely to debut in stock market, aims for IPO in 2026
Chai Point opened its first outlet in Koramangala in Bengaluru in 2010. Today, the firm sells over 9,00,000 cups of brewed tea
boAt plans to go public again, aims to raise Rs 2,000 crore via IPO in FY26: Report
The company will file a confidential draft red herring prospectus (DRHP).
Hyundai Motor India accelerates in SUV market, eyes growth with IPO, EV expansion: COO Tarun Garg
Hyundai’s SUVs accounted for 67 percent of the company’s sales from January to September 2024
Hyundai Motor India increases ad budget as IPO nears, eyes trusted brand positioning
According to the Draft Red Herring Prospectus (DRHP), submitted to the Securities and Exchange Board of India (Sebi) in June this year, Hyundai Motors has spent Rs 677 crore on advertisement and sales promotion on a standalone basis in fiscal year 2023 (FY23)
Swiggy shareholders approve increase in IPO size to Rs 5,000 crore: Report
Notably, only the size of the primary issue has been increased to Rs 5,000 crore. The offer for sale (OFS) component will remain unchanged at Rs 6,664 crore
Swiggy expresses concerns over ONDC, intensified competition, and economic pressure
Swiggy has posted its revenue from operations at Rs 3,222.21 crore in the first quarter of FY25 against Rs 2,389.81 crore reported in the corresponding quarter of FY2024
Swiggy admits to data breaches, says business is vulnerable to cyberattacks
The company also disclosed that as it grows and collects more data, the risk of significant failures in internal controls or data security measures increases.
Swiggy’s ad spend drops 26% to Rs 1850 crore in FY2024; to ‘cost-effectively’ invest in marketing
Swiggy has proposed to spend up to Rs 1000 crore, over four calendar years on brand marketing services across various channels, including traditional media