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Swiggy lowers IPO valuation target to $11.3 billion
Swiggy lowers IPO valuation target to $11.3 billion Swiggy, one of India’s leading food delivery and fast-food companies, has slashed its IPO price target from $15 billion to $11.3 billion. This change takes into account the recent changes in India’s IPO market and tracks investor reaction to the recent tech list. Through the IPO, Swiggy aims to raise around ₹3,750…
PURE investing ₹400 crore in storage expansion
PURE investing ₹400 crore in storage expansion Electric two-wheeler manufacturer PURE will invest ₹400 crore in the next 18 to 36 months to sharply enhance its presence in the energy storage business. The initiative will increase the company's battery energy storage capacity from 250 megawatt-hours (MWh) to a whopping 2.5 gigawatt-hours (GWh), catering to India's fast-growing demand for renewable energy…
AI in Classrooms: Revolution or Risk?
AI in Classrooms: Revolution or Risk? Artificial Intelligence (AI) is entering classrooms globally, with the promise of changing the manner in which students learn and teachers teach. From learning platforms that can tailor lessons to individual students to grading systems that can automatically mark student papers, AI has the potential to transform education. But with change comes necessary questions—might this…
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Swiggy lowers IPO valuation target to $11.3 billion
Swiggy lowers IPO valuation target to $11.3 billion Swiggy, one of India’s…
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