Tuesday, December 24, 2024

Author: M Haziq Pandit

magicpin records 1.5 lakh daily food and logistics orders on ONDC

Hyperlocal delivery startup magicpin is recording 1.5 lakh daily food and logistics orders on the govt-backed Open Network for Digital Commerce (ONDC).In͏͏ a͏͏ statement,͏͏...

FMCG giant Emami expects 4-5x growth in quick commerce sales over next two years

Emami, the home-grown FMCG giant, expects a four to five-fold increase in sales via quick commerce channels over the next two years, according to...

Zomato shares surge 4% as HSBC raises PT to INR 330

Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...

WIKA India aims to attain excellence with localisation

WIKA India, a subsidiary of Germany-based WIKA Group, is on a mission to double its turnover by 2029, driven by strong market demand and...

Reliance Retail targets quick commerce market with JioMart, taking on Blinkit and Swiggy Instamart

Reliance Retail is making moves to enter the rapidly growing quick commerce sector, intensifying competition against Zomato's Blinkit, Swiggy Instamart, and BigBasket. The͏͏ nation's͏͏...

Nutrabay expands into ayurvedic market, launches Shilajit to broaden product range

Sports nutrition startup Nutrabay has entered the ayurvedic market with the launch of its new product, Shilajit, as announced by co-founder Shreyans Jain.This͏͏ launch͏͏...

Blinkit introduces new option for businesses to add GSTIN dring purchases

Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...

Nykaa reports mid-twenties revenue growth in Q2; fashion vertical faces slowdown

Nykaa, a leading beauty and fashion ecommerce platform, has reported a consolidated net revenue growth in the "mid-twenties" for the second quarter of FY25.In͏͏...

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