Page 5 - Aryaman Gupta

Food aggregator Swiggy strengthens top deck ahead of upcoming IPO

This comes at a time when competition is intensifying in the rapidly growing quick commerce space

Large funding rounds over $100 million see resurgence among Indian startups

Investors focus on profitable growth as late-stage deals rebound in 2024

Luxury lift: Sales of smartphones over Rs 1 lakh surge, buck mkt trend

Although this segment currently makes up just one per cent of the overall market, it is growing faster than other categories

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

General Catalyst, Dragon Fund, Epiq Capital led the round

Swiggy ropes in former Flipkart executive Amitesh Jha as Instamart CEO

Reshuffle of the top deck comes ahead of food delivery major's IPO

Draft Digital Competition Bill: Kirana vs quick commerce likely on table

Issue of potential threat to local stores from Q-com raised with corporate ministry

Oyo reports Rs 132 cr in Q1 profits, aims for Rs 700 cr in full year FY25

In the US, Agarwal said that Oyo is opening a new property every three days, reflecting very strong momentum in the world's largest economy

Games24x7 shifts focus to tech platform, plans sector-agnostic investments

Amid new GST regime, Games24x7 eyes growth through diverse tech solutions and innovation

Zomato completes acquisition of Paytm's entertainment ticketing biz

The new business will be spun off into a separate going-out app, District, in the coming few weeks

VerSe Innovation to reach Ebitda break-even by FY25-end: Co-founder

Company has acquired a majority stake in Valueleaf, is expecting a revenue increase of $100 mn

Age-rating framework for content needed in India, says gaming body

Age-rating and content description, while not legally mandated, play a crucial commercial role in ensuring the widest access and dissemination of a publisher's gaming content among the public

Food delivery platform Zomato eyes a new 'District' with third super brand

In this regard, Zomato's strategy differs greatly from that of its unlisted rival, Swiggy, who is trying to integrate all of its offerings under one 'super app'

Zomato shuts down intercity 'Legends' services with immediate effect

Zomato had launched its intercity food delivery service in August 2022 to offer consumers delicacies from across ten cities in India from the comfort of their homes

Online vs offline retail: Industry divided over Piyush Goyal's comments

Raises debate over large e-commerce players eating into share of smaller offline retailers

'Smells of predatory pricing': Piyush Goyal red-flags e-commerce boom

Questions Amazon's India investment strategy, says it is to make up for losses

India presents an unprecedented chance for investments: Ankur Capital MD

Ankur Capital secures key commitments for Rs 1,200 crore fund

Lava eyes larger share in India's smart wearables amid declining market

This comes after India's wearable device market declined for the first time ever, by 10 per cent year-on-year (Y-o-Y) to 29.5 million units in the second quarter (Q2) of calendar year 2024

Indian PC market grows 7.1% to 3.39 mn shipments in Q2 CY2024: IDC

The launch of artificial intelligence (AI) PCs is expected to drive refresh commercial orders from Q3 onwards. However, they may not bring significant consumer demand in the near term

Qcom goes international to cash in on last-minute Raksha Bandhan gifting

Blinkit and Zepto are expanding their operations and offering consumers chances to win cars, iPhones, TVs, luxurious overseas stays

AI push: Farmers reap better quality and yield, but challenges remain

The Indian govt is also promoting use of AI to help farmers increase their productivity