The FinTech Hub
Source: Live Mint India seems to have moved from the Coldplay ticket row to the pre-IPO investment gamble—Swiggy’s shares are being sold and re-sold for higher prices in the grey market. Investors have spent the last three years twiddling their thumbs, waiting for the younger half of India’s food-delivery duopoly to finally go public. And…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 7:19 PM IST For food aggregator platform Swiggy, quick commerce (q-com) is proving to be a better growth opportunity than food delivery. Its q-com arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company’s…
Source: Live Mint Indian food-delivery platform Swiggy Ltd. is considering filing publicly for its domestic initial public offering as soon as this week, people familiar with the matter said, adding to a strong pipeline of share sales in the country. Swiggy’s IPO may seek to raise more than $1 billion, the people said, asking not…
Source: Live Mint Zomato share price hit its record high level of ₹286.50 apiece in early deals on Friday, extending gains for the seventh straight session. However, Zomato shares cooled off from the high levels and declined over 2%. Zomato stock price has rallied over 7% in one week and has surged more than 50%…
Source: Live Mint Zomato share price: Rising over 5 per cent in intraday trade, shares of Zomato hit its fresh all-time high of ₹285.95 in intraday trade on the BSE on Thursday, September 12. The stock finally closed 4.49 per cent higher at ₹283.90, extending its winning streak into the sixth consecutive session. The stock…
Source: Live Mint Abhimanyu, the sixteen-year-old son of the mighty archer Arjuna, was displaying breathtaking bravery in the Mahabharata war. He not only killed a number of prominent warriors on the enemy side, but also managed to break the flagstaff of Bhishma, the supreme commander of the Kauravas, in a hugely symbolic moment. The energy…
Source: Live Mint Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the…
Source: Business Standard 1 min read Last Updated : Sep 06 2024 | 2:16 PM IST Punjab National Bank (PNB) has inked a pact with Zomato and Blinkit, offering exclusive discounts to their credit cardholders. These offers aim to elevate the dining and food delivery experience for PNB customers, providing them with significant savings…
Source: Live Mint Zomato has stopped using AI-generated food images. Artists and several others have also come out against such images. While there might be a compelling case for AI-generated images in some instances, platforms have to ensure transparency. Mint explains: Why did Zomato ban AI food images? It was in response to customer complaints…
