Breaking News
Can Zomato’s $1Bn fundraise outpace competitors in the q-commerce race?
Zomato has raised INR 8,500 Cr (around $1 Bn) through its first qualified institutional placement (QIP), with the aim of expanding its quick commerce...
Zomato taps into upcoming ‘Pushpa 2’ hype, offers movie tickets on District
Food tech giant Zomato is leveraging the buzz around the upcoming movie 'Pushpa 2' to showcase its unique ecosystem synergies through District, its dining...
Quick commerce growth: 91% awareness among Indian users, Gen Z driving trends
A recent study commissioned by Meta has revealed that nearly 91% of internet users in India are aware of quick commerce platforms, indicating a...
Swiggy Instamart teams up with Yu Foods to debut juices and ramen lineup
Swiggy Instamart, India’s one of quick commerce platform, has partnered with Yu Foods, a consumer foods brand, to launch a new range of juices...
Backed by Zomato, Swiggy, UrbanPiper targets 10X US expansion post-rebranding
Food tech giants, Zomato and Swiggy backed UrbanPiper, a Bengaluru-based start-up, has successfully unified its global brand identity following its acquisition of U.S.-based Ordermark...
Zomato rolls out quick delivery service for B2B Hyperpure, intensifying competition
Zomato's business-to-business (B2B) grocery supply vertical, Hyperpure, has launched a rapid delivery service.Zomato’s Hyperpure to charge INR 99 for express deliveryThis new service offers...
Quick commerce delivery workers ‘out-earn’ food delivery counterparts
Delivery executives working for quick-commerce platforms earn more than those delivering food, revealed a recent report .Morgan Stanley states Q-comm delivery man earn INR...
NCLAT rejects INR 3.7 Cr insolvency petition against Amazon Wholesale
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking to initiate insolvency proceedings against Amazon Wholesale (India). This decision comes after Multiplier...
PhonePe’s Pincode pilots 20-minute quick delivery service, challenges Zepto, Blinkit
PhonePe's Pincode has entered the quick commerce space, piloting a quick delivery service in parts of Bengaluru, Delhi NCR, Mumbai, Pune, Hyderabad, and Varanasi....
CCI approves Google’s Alphabet acquiring stake in Flipkart
The Competition Commission of India (CCI) has given the green light for Google parent company Alphabet to acquire a stake in ecommerce giant Flipkart.Flipkart...
Meesho introduces voice bot Gen AI, expects 20% cost reduction
Meesho, an e-commerce platform, has announced the launch of a multilingual Gen AI-powered voice bot to enhance its customer support on Tuesday, November 26.Meesho’s...
CEO Deepinder Goyal’s net worth surpasses INR 10,100 Cr; holds 4.18% stake in Zomato
Zomato's founder and CEO Deepinder Goyal has seen a significant boost in his net worth, driven by a sharp rally in the company's share...