Technology

Indian Food Delivery Startup Zomato will Seek Post-IPO Valuation up to $8.6B

Indian Food Delivery Startup Zomato will Seek Post-IPO Valuation up to $8.6B

Hello and welcome to the Daily Crunch for July 8, 2021 Forget about the hot summer ___ summer. It’s a hot IPO summer in the land of technology, and how today’s news is proving to invite global exit markets. But the good news from the site before we enter the TechCrunch Top 3 is our latest super-deep company Teardown or EC-1 Live. This time we looked at NS1, an organization that we wrote was creating a “strategic node at the core of the modern web delivery tech stack.” The whole series is on fire. – Alex. When we said it was the IPO season, we weren’t kidding. As you can see, here’s the biggest departure news of the day, with a theme:

Indian Food Delivery Startup Zomato will Seek Post-IPO Valuation up to $8.6B
  • Jomato of India sets IPO price range: Delivery Other big news of the day comes from Jomato of India from the world of delivery, its IPO share price will be from Indian2 Indian Rupees (99 cents) 76 ($1) and above the target limit limit $8.56 billion. “TechCrunch Report.
  • The crypto-driven circle is being made public publicly via a spec: If you’re a crypto minded person, you’ve heard the circle. If you are not, this is the company that bought Seed Invest and is helping to create a stable US dollar. It is becoming universal in multi-billion dollar pricing through an SPAC. Call it the Coinbase Wave.
  • Instagram appoints new CEO as it goes public: Longtime CEO and co-founder of Instakart, Apurba Mehta, have promoted himself to chairman of the company’s board, making headlines in the grocery world today. Facebook executive Fidji Simo is taking the title. During my first lecture at TechCrunch, Mehta used to send me Facebook messages when his company added a new Bay Area market. What a change!

Reversing the script and going back to the early stages of early life, here’s a rundown of the news from the beginning:

  • Rutley $ 3.2M to bring the SRE tool to Slack: See, we’re all within Slack or Team, but why not bring more functionality to the services? Rutley Salesforce wants to bring an “event response solution” “inside” the work platform it is buying. Roundabout and the company is neat, the fact that startups are building themselves up on Slack.
  • Instagram appoints new CEO as it goes public: Longtime CEO and co-founder of Instakart, Apurba Mehta, have promoted himself to chairman of the company’s board, making headlines in the grocery world today. Facebook executive Fidji Simo is taking the title. During my first lecture at TechCrunch, Mehta used to send me Facebook messages when his company added a new Bay Area market. What a change!