Wednesday, November 6, 2024

E-Commerce

Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet with representatives of major quick commerce platforms within the next 10 days. Blinkit,...
Ninjacart, a B2B agritech startup, saw its operating revenue rise by 74% in FY24, reaching INR 2,002.7 Cr, up from INR 1,153.4 Cr the previous year. Ninjacart cuts revenue losses to INR 259.6 Cr According to INC42, the...

Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY

Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year. Meesho adjusted losses to INR...

Swiggy raises fresh share size to INR 4,499 cr, files RHP

After much anticipation, Swiggy filed its red herring prospectus (RHP) late on Monday, October 28. According to the IPO papers, the public issue will...

Swiggy sets IPO price band at INR 371-390, valuing company at $11.3 Bn

Swiggy has set the price band for its upcoming IPO at INR 371-390. At the upper end, the company will be valued at $11.3...

Flipkart Internet achieves 21% revenue growth, cuts losses by 41%

Flipkart Internet, the marketplace arm of Flipkart, saw its revenue grow by 21% year-on-year to INR 17,907.3 Cr in FY24, as per Tofler's regulatory...

Bigbasket teams up with Tanishq for 10-Minute gold and silver coin deliveries

For the festive season, bigbasket, a TATA company, has teamed up with Tanishq to offer exclusive gold and silver coins for Dhanteras. Customers can...

Tata to introduce “Neu Flash”, targets to expand in Q-commerce sector

With the rise in demand for instant deliveries in India, Tata Group plans to enter the market, competing with major players like Blinkit, Zepto,...

Swiggy’s $11.3 Bn IPO Opens on November 6

The Initial Public Offering (IPO) of Swiggy is opening for subscription on November 6 and is scheduled to close on November 8, 2024. The...

Swiggy Partners with PharmEasy to Launch 10-Minute Medicine Delivery

Swiggy has partnered with PharmEasy to deliver medicines in 10 minutes, as it aims to expand into the pharmacy sector. According to Moneycontrol, sources say...

Zomato now allows users to schedule orders up to ‘Two Days’ in advance

Zomato has introduced a new feature called 'order scheduling', enabling customers to book their deliveries a minimum of two hours to a maximum of...

The Souled Store strengthens ties with Cricketer Hardik Pandya, targets retail growth

The Souled Store, a big lifestyle brand in India, has deepened its ties with cricket player Hardik Pandya, who is now an investor. This...

Swiggy rolls out ‘international login’ for overseas food orders

Swiggy has introduced ‘international login' allowing people abroad to order food and groceries for their families and loved ones in India. Swiggy’s ‘international login' available...

Swiggy lowers IPO valuation to $13.5 Bn amid market volatility

Swiggy has reportedly lowered the valuation target for its upcoming initial public offering IPO to between $12.5 Bn and $13.5 Bn. Originally aimed for a...

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