Tag Archives: Goldman Sachs

In a significant valuation update, Goldman Sachs has placed Blinkit, the quick commerce startup acquired by Zomato in 2022, at a higher value than Zomato's food delivery business. This valuation shift underscores Blinkit's impressive performance and potential within the market.

Whirlpool Corporation, a leading appliance manufacturer, is set to offload a 24% stake in its Indian subsidiary this week, according to a term sheet accessed by Reuters. The transaction, facilitated through block deals, is anticipated to yield up to $451 million for the company. Whirlpool aims to execute the sale at a price of 1230 rupees per share, representing a 7.6% discount from Monday's closing price. The deal is scheduled to be concluded by Wednesday.