Fri, Feb 2, 2024 12:47 PM
Paytm shares crash another 20% amid long queues of sellers
A Flip by Avya Verma
Swiggy IPO will open for public subscription today at 10 am in the primary market. The food delivery and quick-commerce firm is aiming to garner Rs 11,327 crore from its much-awaited initial share. The valuation of Swiggy has been pegged at about Rs 95,000 crore at the upper price band. Rival Zomato, which went public in July 2021, has a market valuation of Rs 2.13 lakh crore.
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Will Donald Trump get the keys back to the White House, or will Kamala Harris move into the Oval Office? The US presidential election outcome is expected to significantly impact Indian businesses, with a Trump win potentially benefiting export-driven industries and a Harris win having a more neutral effect, while triggering market volatility regardless of the outcome.
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Home financing startup Easy Home Finance has secured $35 million in a funding round led by Ranjan Pai’s family office Claypond Capital and Japanese financial services major Sumitomo Mitsui Banking Corporation’s Asia Rising Fund.Existing investors Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund, also participated.
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