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ED raids sellers linked to e-commerce giants Amazon and Flipkart
India's Enforcement Directorate (ED) conducted surprise raids on Thursday, November 7 at offices of sellers linked to Amazon and Flipkart, amid growing scrutiny of...
Zero-commission app WAAYU expands food delivery to Hyderabad
Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over...
FSSAI plans discussions with quick commerce firms on sale of near-expiry food items
Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet...
Ninjacart’s revenue soars by 74%, hits INR 2000 Cr
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...
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...