After Big B’s family office, Hindustan Composites invests in Swiggy Auto ancillary firm Hindustan Composite has acquired a minority stake in Swiggy, investing Rs 5.17 crore for 1,50,000 equity shares. This investment follows Amitabh Bachchan’s family office’s recent minority stake acquisition in Swiggy. Hindustan Composite plans to complete the transaction by November 30, 2024. Swiggy, with a net worth of Rs 9,810 crore as of March 2023, aims to raise up to Rs 3,750 crore through its IPO, alongside an offer for sale of up to Rs 6,664 crore. The company, which filed IPO papers confidentially in May, also introduced a $65 million ESOP liquidity program in July. Swiggy's revenue for FY24's first three quarters was Rs 5,476 crore, with a Rs 1,600 crore loss. #Entrackr #Fintrackr #News #Startup #StartupNews #IndianStartup #HindustanComposite #SwiggyAcquisition #SwiggyIPO #InvestmentNews #StartupInvestments #TechInvestments #BengaluruStartups https://entrackr.com/2024/09/after-big-bs-family-office-hindustan-composites-invests-in-swiggy/

Ixigo raises Rs 333 Cr from anchor investors ahead of IPO Le Travenues Technology Limited, the parent company of Ixigo, offered shares worth Rs 333 crore ($40 million) to anchor investors for its IPO. Ixigo's board approved issuing 3,58,11,405 shares at Rs 93 each. Key investors include SBI, HDFC, Morgan Stanley, and others. Ixigo’s IPO runs from June 10-12, 2024, with a price band of Rs 88-93. The company reported Rs 491 crore revenue and Rs 65.7 crore profit in FY24. #Entrackr #Fintrackr #News #Startup #StartupNews #IxigoIPO #TravelTech #AnchorInvestment #LeTravenuesTech #IPO2024 #StartupFunding #StockMarket #IndiaStartups #TataInvestments #TechInvestments https://entrackr.com/2024/06/ixigo-raises-rs-333-cr-from-anchor-investors-ahead-of-ipo/

Uncover the essential metrics for evaluating the return on investment (ROI) of digital transformation initiatives. This guide provides actionable insights on how to measure the success of your digital strategies, ensuring your business maximizes its technological investments and drives growth. #DigitalTransformation #ROIMetrics #BusinessGrowth #TechInvestment #SuccessMeasurement Learn more: https://netizensreport.com/the-roi-of-digital-transformation-how-to-measure-your-success/

Investing in custom mobile app development can bring numerous benefits to your business. A custom app tailored specifically to your needs can enhance customer engagement, streamline operations, and boost brand visibility. With a personalized user experience, you can improve customer satisfaction and loyalty. Additionally, custom apps provide valuable insights into customer behavior and preferences, helping you make informed business decisions. By investing in custom mobile app development, you can stay ahead of the competition and unlock new opportunities for growth and success. For more details visit: https://alphabravodevelop.medium.com/alpha-bravo-development-pioneering-excellence-in-software-development-11bb7814e41e #CustomMobileApps #MobileAppDevelopment #AppDevelopment #BusinessBenefits #DigitalTransformation #TechInnovation #CustomerEngagement #BrandVisibility #OperationalEfficiency #DataInsights #CustomerExperience #MobileTechnology #BusinessGrowth #TechInvestment #AppDevelopmentServices

How Much Does it Cost to Create a Crypto Exchange? 📣 Exciting news, crypto enthusiasts! 🚀💰 I just published a brand-new blog post on "How Much Does it Cost to Create a Crypto Exchange?" 💻🔍💱 If you've ever wondered about the financial aspects of building a crypto exchange platform, this article is a must-read! 📚💡 Discover the ins and outs of budgeting, development expenses, security measures, and more! 💸💡 Explore: https://bit.ly/3MVgJ6o #CryptoExchangeCreation #Cryptocurrency #BlockchainTechnology #Fintech #TechFinance #CryptoCommunity #DigitalCurrency #FinancialTechnology #TechInvestments #CryptoKnowledge