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Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

 Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO).......

Swiggy gets one step closer to $1.25 bn IPO

 Shareholders’ nod to raise $450 mn via fresh issue, $800 mn via OFS Photograph: PTI Photo from the Rediff Archives Food delivery major Swiggy has received approval from its shareholders for......

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

 The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment. Photograph: Kind courtesy August......

Is the pace of unicorns in India slowing down?

 The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Illustration: Uttam Ghosh/Rediff.com Compare this to 2021, when......

SoftBank on prowl to woo 'future stars'

 Keen to back start-ups while they are half-unicorns, SoftBank plans to invest $100 million in a firm with $500-million valuation. Illustration: Dominic Xavier/Rediff.com OYO, FirstCry, Delhivery,......

What's next for Serena Williams?

 IMAGE: Serena Williams continues a tradition of celebrities and athletes diversifying their business portfolios to include startup investing. Photograph: Stefan Wermuth/Reuters As Serena......

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