Apart from pulling off successful public offers at a somewhat similar valuation, the two startups have little in common.
This is the fourth edition of a newsletter that brings you the latest and the most crucial developments in tech and business from this powerhouse region. These stories are for our paying subscribers.
It has been a raving few weeks for food and grocery delivery in Asia. Two startups—1,600 miles apart—have just delivered massive public listings in their respective geographies. There is Swiggy in India and Talabat in the United Arab Emirates (specifically, Dubai).
Let’s go over the highlights. In India, the decade-old Swiggy raised $1.35 billion and became the country’s second-largest initial public offering, or IPO, this year. Talabat, …
Harveen is a co-founder at The Morning Context, and leads our Internet coverage. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses across India and the Middle East—from e-commerce to healthtech to streaming.
Editor, Internet
harveen@mailtmc.com
Dubai
Maanav is a trainee journalist at The Morning Context. He studied journalism and international relations at St. Joseph’s in Bengaluru.
Trainee journalist
maanav@mailtmc.com
Dubai