Zomato Files for Rs. 8,250-Crore IPO as Food Delivery Surges in Pandemic

Zomato has filed for an IPO of up to Rs. 8,250 crores as consumers increasingly turn to ordering food online during the COVID-19 pandemic.

Comments

Post a Comment

Popular posts from this blog

Coinbase to Ramp Up Web3 Initiatives in the UK as Japan, Dubai Race to Become Blockchain Hubs

The Web3 sector is catching the attention of global industries, who are now looking at metaverse and NFTs as important revamps to tackle the existing monotony in the advertising and marketing industries. While nations like Japan, Dubai, and South Korea are accelerating efforts to establish themselves as Web3 hubs, UK does not wish to be left behind in adopting the new age technology. Coinbase, which is among the biggest names in the crypto industry, will be ramping up Web3 initiatives in the UK in the coming days. Brian Armstrong , the CEO of the Coinbase crypto exchange, is set to address the UK Fintech Week on Tuesday, April 18. As per an official Coinbase blog , Armstrong will be discussing in detail how the company intends on helping the UK become an innovation hotspot for Web3 ventures. A total of nine steps have been listed by Coinbase on how more Web3 initiatives could decide UK as the epicentre of their activities. These steps include having British banks collaborate with cr...
Read more

Spotify Raises Premium Plans Prices Across Several Countries

Spotify Technology on Monday raised prices for its premium plans across several countries including the United States and United Kingdom, as the music-streaming company looks to boost profitability in an uncertain economy.  The move will result in a $1 (nearly Rs. 80) price increase for Spotify's US plans, with the premium single now starting at $10.99 (nearly Rs. 900), duo at $14.99 (nearly Rs. 1,230), family at $16.99 (nearly Rs. 1,390) and the student plan at $5.99 (nearly Rs. 490).  Spotify has moved in recent months to boost margins with hundreds of layoffs and a restructuring of the podcast unit, which it had built up with billions of dollars in investment. The price increases come at a time when streaming services, both audio and video, are under rising investor pressure to boost profitability after years of prioritizing user growth.  Rivals services from Apple and Amazon.com and Tidal have all increased prices this year, while YouTube also hiked prices last...
Read more

Noise Luna Ring Smart Wearable With Heart Rate Monitor, SpO2 Sensor Launched in India: Details

Noise has launched its first smart ring, the Luna Ring, in India on Tuesday. The latest smart wearable from the Indian manufacturer comes equipped with several health sensors including a heart rate monitor, temperature sensor and SpO2 sensor. The new smart ring comes in Sunlit Gold, Rose Gold, Stardust Silver, Lunar Black, and Midnight Black colour options. It sports a titanium body and is said to be suitable for every skin type due to its hypoallergenic smooth inner shell. The Luna Ring also supports wireless charging. Noise Luna Ring price, availability Noise is yet to reveal the price and sale date for the Luna Ring in India. However, those willing to buy the smart ring can pre-order by opting for a Priority Access pass priced at Rs. 2,000 via Gonoise.com . As per the company, the priority pass will also offer a discount of Rs. 1,000 on the day of the purchase. Additionally, Priority Pass holders will also get free liquid and physical damage coverage and theft insurance worth Rs. ...
Read more