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Swiggy Instamart expands to 42 cities, eyes growth in tier 2 and 3 markets

In a bid to meet growing consumer demand during the festive season, IPO-bound Swiggy's quick commerce business, Instamart, has expanded its reach to 42...

Quick commerce players boost presence in smaller cities ahead of festive season

Buoyed by ample funding and growing demand, India's quick commerce sector is experiencing rapid expansion. Zepto, Blinkit, and Swiggy Instamart have become key players,...

Zepto initiates talks with bankers for $450 Mn IPO, targets August 2025 listing

Quick commerce giant Zepto has reportedly initiated talks with domestic and international merchant bankers, targeting a potential listing on Indian stock exchanges by August...

BigBasket’s B2C arm sees 6% revenue growth, cuts losses by 17% in FY24

Innovative Retail Concepts Pvt Ltd, the B2C arm of online grocery and quick commerce firm BigBasket, recorded a modest 6% year-on-year increase in operating...

Cash-fueled quick commerce giants rush to secure dark store sites as competition heats up

The quick commerce industry is on fire, with a new competition brewing on two fronts. Companies, energized by recent funding and soaring valuations, are...

Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway

IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...

Zepto likely to expand into BNPL segment with ‘Zepto Postpaid’

Quick commerce giant Zepto is set to launch 'Zepto Postpaid', marking its likely entry into the buy now, pay later (BNPL) segment. ͏͏͏Ap͏͏͏p͏͏ Wa͏͏it͏l͏is͏t͏ f͏͏or͏...

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