Swiggy Possible Placement - US$1bn Raising, Will Be Well Flagged, Might Not Be Well Liked
Swiggy (SWIGGY IN) raised around US$1.35bn in its India IPO in Nov 2024. The company now plans to raise another US$1bn worth of fresh funds.
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Devyani International's Acquisition of Sky Gate Hospitality: A Strategic Move for Accelerated Growth
âDevyani International enters Biryani market with acquisition of Sky Gate, valued at INR 4.19 billion. Challenges in the segment include regional...
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Devyani Intnl.: Yum Brands India Franchisee to Acquire Cloud Kitchen Operator. In Pursuit of Growth
As offâpremise dining surges and traditional restaurants stall, Indiaâs cloud kitchens are boomingâDevyaniâs acquisition of delivery first Biryani...
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Devyani International (3QFY25): Relatively Softer Vs Closest Peers. Maintain REDUCE
Devyani Internationalâs (largest franchisee operator for KFC and Pizza Hut) 3QFY25 results were broadly in line with our estimates as core brands...
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Travel Food Services IPO - RHP Updates & Thoughts on Valuation
Travel Food Services (TFS) is looking to raise about US$233m in its India IPO. In this note, we will talk about the RHP updates and IPO valuations.
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