Blackstone Readies Rs 40,000 Crore Bid to Acquire 51% Stake in Haldiram’s

- Blackbuck, a logistics unicorn, has filed a draft red herring prospectus for a fresh issue of Rs 550 crore and an offer for sale of 2.16 crore shares. - Key investors selling shares in the IPO include Accel (52 lakh shares), Tiger Global (9 lakh shares), Flipkart (4 lakh shares), and IFC (17 lakh shares). - Founders Rajesh Yabaji, Chanakya Hridaya, and Ramasubramanian Balasubramaniam will also sell a combined total of 44 lakh shares. - Blackbuck's revenue rose 69% from Rs 176 crore in FY23 to Rs 297 crore in FY24, while net loss narrowed from Rs 290 crore to Rs 194 crore. - The IPO proceeds will fund marketing, product development, its NBFC arm, and general corporate purposes.

- Zomato's shares worth Rs 5,438.50 crore were sold in a block deal on August 20, with Antfin Singapore Holding likely being the seller. - The transaction involved 21 crore shares, representing a 2.4 percent stake, sold at a floor price of Rs 258 apiece, a nearly 2 percent discount over the previous closing price. - Following the deal, Zomato's shares fell over 1 percent, trading at Rs 259.20 on the NSE at 09.21 am. - Antfin Singapore Holding, a subsidiary of Alibaba Group, owned a 4.3 percent stake in Zomato and the sale triggers a 90-day lock-in period before another equity dilution. - The stake sale follows Zomato's quarterly earnings report, which showed a net profit surge of 126.5 times to Rs 253 crore, driven by increased platform fees and improved operational profitability in Blinkit. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/zomato-block-deal-antfin-singapore-likely-seller-12801450.html)

- Bachchan family office buys minority stake in food delivery giant Swiggy - Shares purchased from Swiggy employees and early investors - Motilal Oswal chairman Raamdeo Agrawal also acquires stake - Move comes as Swiggy targets $15B valuation for upcoming IPO - Swiggy recently strengthened quick commerce arm Instamart with new VPs Source: [Inc42](https://inc42.com/buzz/amitabh-bachchans-family-office-picks-up-minority-stake-in-swiggy/)

Guys, a doubt. If Reliance takes 60% of Disney India operations , how does that work? I mean do they now have a common platform (does jiocinema and hotstar get merged?) Does all the rights acquired by Disney India get transferred to Viacom?

BYJUs has raised a round of 700 M last week in a tight funding market, investors are said to be Middle East based sovereign wealth fund. It is said messi partnership and fifa World Cup had introduced the firm to Middle East sovereign funds

Ankit is doing something really amazing. Reaching close to Rs.800cr arr Other big brands in food category (greater than Rs.1k cr arr) 1. Jubilant food works- dominos, Popeyes 2. Yum brands- Pizza Hut, kfc, Taco Bell 3. Restaurants brand Asia - Burger King