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Startup twists & turns on IPO street; and other top tech and startup stories this week

Food and grocery delivery company Swiggy on Friday confidentially filed its draft documents for an initial public offering (IPO) with stock market regulator Securities and Exchange Board of India (Sebi), sources told us. ....

Ecommerce: E-tailers start tagging 'health drinks' as 'nutrition drinks', ET Retail

Ecommerce: Walmart s Flipkart said the "reclassification" is still a work in progress. "We are already working with the brands on healthy drinks listing directive," a company spokesperson said. ....

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Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen

Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen : Rashtra News #Tussle #continues #logistics #cos #aggregators #ecomm #grows #offline #stores #reopen After learning that online logistics aggregators were trying to woo away their clients with lower prices, three large ecommerce-focussed delivery firms simultaneously hiked their fees for these aggregators ....

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PhonePe: PhonePe poured bulk of past year's investments into insurance business

The infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company s bullish bet on the segment. PhonePe has infused more than Rs 1,000 crore as equity investment in its insurance unit since it was licensed, according to information sourced from the Registrar of Companies. ....

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