Saturday, December 7, 2024

Quick Commerce

Coolberg, a non-alcoholic beer retailer, is aiming to achieve INR 100 crore in revenue by the end of the fiscal year 2026.Ghodawat Consumer acquires Coolberg in 2022The company, which was launched in 2016 and acquired by...
Titan Company is pushing the boundaries of price for its flagship watch business, with the base price moving up to INR 3,000 per watch, from about INR 2,000 within two years. This move is part of...

Crown Basmati Rice, Shryoan Cosmetics enhance market reach via Zepto

The growing quick-commerce market in India is seeing notable participation from brands like Crown Basmati Rice and Shryoan Cosmetics. These brands are leveraging platforms...

Swiggy Instamart reports INR 490 Cr revenue in Q2 FY25, achieves 135% growth

Swiggy's quick commerce business, Instamart, has reported a significant surge in operating revenue, growing 135.7% to INR 490 crore in the quarter ended September...

Swiggy ventures into sports & entertainment with ownership and operations plans

Swiggy, a leading foodtech company, is setting up a new wholly-owned subsidiary that will operate in the sports and recreation activities segment. The company's board...

Swiggy registers INR 625.53 Cr net loss, revenue rises 30% in Q2 FY25

Swiggy, a leading foodtech company, has reported a consolidated net loss of INR 625.53 crore in the September quarter (Q2) of the financial year...

Zomato offers 47.75 Cr equity shares to Foodie Bay ESOP Trust for employees

Zomato has allotted 47.75 crore equity shares to its employee welfare trust, Foodie Bay Employees ESOP Trust. The shares were allotted under various employee stock...

Swiggy’s 10-minute food delivery service now available in 400 tier II-III cities

Swiggy, a leading food delivery platform, has announced the expansion of its 10-minute food delivery service, Bolt, to over 400 cities and towns across...

Zomato receives ‘Buy’ rating from Jefferies, cites optimism over ‘District’ app

Investment firm Jefferies has maintained a 'Buy' rating for Zomato, citing optimism over the foodtech major's newly launched 'District' app for its 'going-out' business....

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...

Recent articles