Brief: Indian food delivery app Zomato files for $1.1bn IPO
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
It will be the Philippines’ biggest-ever IPO – and it’s being driven by demand for alt-protein and instant noodles.
With e-grocery adoption skyrocketing due to Covid-19, grocery delivery companies like UK-based Ocado are finding new reasons to seek out innovation.
Oatly expects to raise at least $100 million through its NASDAQ float, but may seek a further listing in Hong Kong depending on geopolitical and business considerations.
The actor is joining the alt-dairy startup’s new Sustainability & Health Advisory Council, which will provide guidance on “health and wellness and the environment.”
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.
The app allows shoppers to form groups to collectively buy farm produce and other groceries in bulk at competitive prices.
The Japanese government has affirmed its “determination” that Sanatech Seed’s new tomato will be regulated as a GE, rather than a GMO, product.
The group will use the funding to expand in the US and China – and to “fuel acquisitions, key partnerships, and investments” in plant-based products.
The Newark-based company is set to merge with Spring Valley Acquisition Corp, raising as much as $357 million in gross proceeds at a $1.2 billion valuation.
This latest injection follows a $182 million round late last year which was co-led by Baidu Ventures and SoftBank Vision Fund II.
The Pasadena-based SPAC will aim to acquire technologies and privately held businesses in the agritech and climate change mitigation sectors.
Infarm CEO Erez Galonska declined to comment on rumors that the startup has retained perennial IPO underwriter Goldman Sachs to help it raise more funds.
LeapFrog primarily invests in African and Asian companies, with a focus on improving access to financial services and healthcare for low-income consumers.
The projects will complement BASF’s offerings in seeds, seed treatments, biological and chemical solutions, and digital services.
The Winnipeg-based precision ag company’s share price leapt by almost 18% in its first day of trading.