The American mobility service provider raised around ₹3,088 crore or $390 million at nearly 100% profit. In January 2020, Zomato had acquired Uber Eats’ India operations in a non-cash deal, following which Uber received a 9.19% stake in the restaurant discovery platform for around $200 million.
According to Prabhudas Lilladher, these emerging giants hold immense potential.
“There are 4 pillars of retirement income namely, social security, employment-based plans, personal retirement assets and family / social structure. Social security in India is
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