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The Bengaluru-headquartered startup plans to raise $450 million through the issuance of new shares and offer $800 million of shares from existing backers in the IPO, it wrote in a filing to the Ministry of Corporate Affairs. It competes with publicly liste
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airforce d unicorn.The Indian startup ecosystem has been eagerly anticipating Swiggy public debut, which is slated for later this year. Swiggy counts Prosus, Accel, SoftBank and Invesco among its backers. It was last valued at $10.7 billion in a funding round unveiled in early 2022. Some of its investors, including Invesco and Baron, have since publicly marked up the valuation of Swiggy to over $12 billion.Swiggy had earlier intended to go public in 2023, TechCrunch previously reported, but deferred the plan due to not-so-favorable market conditions.Swiggy com
jordan2 mands about 45.8% of the Indian food delivery market and clocked a GMV of $2.57 billion in that business in 2023, Bernstein analysts wro Sawx Hulu tests its co-viewing featureWatch Partywith ad-supported viewers
As we continue to ride out the pandemic, security experts are closely monitoring the surge of coronavirus-related cyber threats. Just this week, Google Threat Analysis Group, its elite threat hunting unit, says that while the overall number of threats remains largely the same, opportunistic hackers are retooling their efforts to pig
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hokas virus.Some startups are downsizing and laying off staff, but several cybersecurity startups are faring better, thanks to an uptick in demand for security protections. As the world continues t
salomon o pivot toward working from home, it has blown up key cybersecurity verticals in ways we never expected. To wit, identity startups are needed more than ever to make sure only remote employees are getting access to corporate systems.Can the startups take on the giants at their own game THE BIG PICTUREAnother payments processor drops the security ballFor the third time this year, a payments processor has admitted to a security lapse. First it was Co
