SoftBank’s incredibly late bet on Swiggy

The two-horse race in Indian food tech is set to take a curious turn with the fund’s purported interest in Swiggy.

19 April, 202112 min
0
SoftBank’s incredibly late bet on Swiggy

You may also like

Internet
Story image

Swiggy’s crisis of confidence

In the three-way quick-commerce race between Blinkit, Instamart and Zepto, it would appear that Swiggy has the least confidence in its ability to continue. What’s worse is that it is replacing strategy with capital.

Business
Story image

Can Meesho’s value-commerce playbook pass the IPO test?

The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.

Internet
Story image

Keeta lands in the Emirates with a bang

An impending shake-up of food delivery, HDFC Bank’s foreign troubles and Saudi Arabia’s rent freeze.