Swiggy, with a healthy cash balance of over ₹8,000 crore, has no immediate fundraising plans. Their food delivery business is profitable and generating cash, while the quick commerce segment is projected to achieve profitability within six to seven quarters. They aim to double their dark store footprint by March 2025 and increase average order value at a double-digit pace annually.
Tata Motors shares rally 5% in 2 days on U.S. trade deal hopes
Tata Motors’ shares experienced a surge, driven by optimism surrounding potential global trade deals that could lower automobile export tariffs. The US-Japan agreement, reducing tariffs