Zomato Witnesses INR 1,127 Crore Block Deal, with SoftBank Likely as the Seller

Three points you will get to know in this article: Zomato, the prominent player in the food tech industry, experienced an upward momentum in its stock value during the initial trading hours this Friday, December 8th. This positive movement was fuelled by a significant block deal. In this noteworthy transaction, approximately 1.06% ownership of the company, equivalent to 9.35 crore…

Nikhil Kamath’s EV Startup Investment and Potential Laptop Curb Relaxation

Three points you will get to know in this article: • The development follows Ather’s recent INR 900 Cr ($108 Mn) rights issue.• Ather’s FY23 revenue soared to INR 1,806 Cr from INR 408.5 Cr in FY22.• Kamath invests in Indian startups like Nazara, Licious, Third Wave Coffee, and more. Nikhil Kamath, one of the co-founders behind Zerodha, India’s premier…

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