The grocery startup said it raised $200 million in fresh funding 'in the midst of the deepest downturn in capital markets in over a decade' from US-based investment firms.
Quick-delivery apps may need to alter business models to compete with conventional ones, it says. 61 per cent of online customers are willing to wait 3-24 hours for their groceries.
The teens, both 19, dropped out of Stanford University to return to India. The Mumbai-headquartered company reached its valuation within nine months of beginning 10-minute deliveries.
Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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