Indian food delivery startup Swiggy, whose major backers include SoftBank, has hired JP Morgan and ICICI Securities to start preparing for a future initial public offering that could raise as much as $1 billion, TechCrunch reported. Swiggy plans to file for an IPO as early as the first half of next year, according to TechCrunch. But the startup, whose valuation doubled to $10.7 billion in its...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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