Monday, May 06, 2024
Outlook.com
Outlook India
Outlook Business

Revenues

The move is likely to help Swiggy lower its cash burn, which is a lot more than what Zomato was burning

The firm is aiming to deploy an additional 1,200 e-buses, which will require the establishment of more charging infrastructure, and is currently running e-buses on intercity routes under the NueGo brand

The funding will be used to pay off debt, with a portion set aside for this purpose and Byju's is reportedly considering listing only Aakash separately in India