Quick Commerce

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...

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...

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....

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