July 4, 2026
  • July 4, 2026

Most Recent Stories

Swiggy gets a 12 per cent subscription on the first day of IPO

by on November 7, 2024 0

Food delivery platform Swiggy’s IPO received a lukewarm response on its first day, reaching only 12% subscription. The company aims to raise ₹11,327 crore, with ₹5,085 crore already secured from anchor investors. Valued at $11.3 billion, Swiggy plans to utilize the funds for technology enhancement, brand building, and debt clearance.

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Truecaller names its India MD Rishit Jhunjhunwala as global CEO; read co-founders’ letter

by on November 7, 2024 0

Truecaller’s co-founders, Alan Mamedi and Nami Zarringhalam, are stepping down from their operational roles to become board members and advisors. Rishit Jhunjhunwala, current head of product and managing director of India, will take over as CEO on January 9, 2025. Mamedi and Zarringhalam expressed confidence in Jhunjhunwala’s leadership and vision for the company’s future.

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