Eating light: Finnish startup begins making food ‘from air and solar power’
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Startup twists & turns on IPO street; and other top tech and startup stories this week
Food and grocery delivery company Swiggy on Friday confidentially filed its draft documents for an initial public offering (IPO) with stock market regulator Securities and Exchange Board of India (Sebi), sources told us.109639958The Bengaluru-based company has filed for a $1.25-billion public issue through the confidential route, whereby draft red herring prospectuses (DRHPs) are not released to the public. This came a day after Swiggy’s shareholders approved its IPO plan, which includes a fresh...
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startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
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Nilight, Now 21% Off
Few auto accessories offer as much value and utility as the Nilight - 50019R 272pcs Standard & Mini & Low Profile Mini Blade Fuse Assortment. Catered to meet the needs of almost every car owner, this comprehensive set is currently discounted by 21% on Amazon, making it an excellent bargain. Combining unparalleled compatibility, easy installation, and high-quality materials, this product stands out in the crowded auto accessory market. The Nilight - 50019R 272pcs Standard & Mini & Low Profile...