Swiggy, the Indian food delivery giant, is making waves with its recent announcement to launch an Initial Public Offering (IPO) on November 6. This ambitious move, estimated to raise Rs 12,000 crore, includes a Rs 3,750 crore fresh issue and a sizeable offer for sale (OFS) by existing investors, positioning Swiggy as a formidable player […]
Incognia, a pioneering force in location identity solutions, has announced the successful closure of a $31 million Series B funding round, led by the esteemed Bessemer Venture Partners. The round saw contributions from FJ Labs, alongside continued investment from existing stakeholders such as Point72 Ventures, Prosus, and Valor Capital. This fresh injection of capital is […]
BillDesk, an Indian digital payments provider, has agreed to be acquired by PayU, the payments and fintech business of Dutch technology investor Prosus, for a sum of $4.7 billion. Established in 2000, BillDesk serves Indian banks and businesses with its payments platform as well as customer engagement and loyalty solutions. M N Srinivasu — Co-founder […]