Amazon will shut down its food delivery business in India by the end of the year, the retailer said Friday, retreating from a vertical it entered less than three years […]
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Back to news homeDaily Crunch: Better.com CEO Vishal Garg says he’s on the hook for $750M SoftBank loan
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope […]
Indian food delivery giant Swiggy eyes $1 billion IPO
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was […]
Zepto, a 10-minute grocery delivery app in India, raises $60 million
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said […]
Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation
Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with […]
Zomato’s losses widen in first quarterly earnings since IPO
Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business. The […]
India’s Razorpay raises funds at $3 billion valuation ahead of Southeast Asia launch
Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought after unicorn status. In less than […]