Quick Commerce
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Zepto HR Chief Martin Dinesh Gomez Resigns from Position
Zepto’s chief human resource officer (CHRO) Martin Dinesh Gomez has reportedly resigned from his position at the quick commerce company. An 11 year veteran at...
Zomato launches ‘Recommendations from Friends’ to enhance user experience
Foodtech major Zomato has launched a new initiative that allows users to get food recommendations from their friends.User to synchronize contact information with ZomatoThe...
HDFC Securities cuts Swiggy rating to ‘reduce,’ raises target price to INR 470
Brokerage firm HDFC Securities has downgraded Swiggy to 'reduce' from 'add', but has increased its target price to INR 470 per share from INR...
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’s market value climbs to $14.9 Bn as shares reach all-time high
Shares of food tech giant Swiggy surged as much as 11.35% during intraday trading to reach an all-time high of INR 576.95 on the...
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...
Zepto accelerates Car care deliveries with Park+ partnership in q-commerce leap
Zepto has partnered with Park+, a leading provider of car care products, to offer a range of premium car care items on its platform. This...
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....