Shares of Paytm parent One97 Communications fell 13.61% over the IPO price of Rs 2,150, ascribing a market cap of Rs 1.20 lakh crore. Macquarie has initiated coverage of the Paytm stock at "underperform" with price target of Rs 1,200.
If the deal goes through it will be the largest investment for the food delivery platform. New round likely to value Grofers at $1.5 billion; will intensify battle with Swiggy’s Instamart
Disprz will use the capital to build industry-specific product solutions, establish a sales and marketing division in the United States, and expand its existing presence in Southeast Asia and the Middle East.
Zomato, which has twice tested -- and aborted -- its own grocery delivery service since the start of the pandemic, is now in talks to invest up to half a billion dollars in Grofers.
Speaking at a panel discussion at the Bengaluru Tech Summit, Vineeta Singh, CEO, Sugar Cosmetics said that more than providing skills and training programmes, what women needed to see is more women succeeding and their success being celebrated to inspire others.