Venturi Partners has made a $25 million investment in JQR (Just Quick Run), a fast-growing brand in India’s affordable footwear market. This marks JQR’s first-ever venture capital funding, with Venturi acquiring an undisclosed minority stake in...
FSN E-Commerce Ventures, the parent company of Nykaa, reported a 61% jump in net profit for Q3 FY2025, reaching ₹26 crore, compared to the same quarter last year. Revenue from operations also saw a healthy 26.7%...
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Swiggy Instamart launches 24×7 delivery service in Delhi-NCR ahead of festive season
With the festive season approaching, quick commerce giant Swiggy Instamart has launched a 24×7 delivery service in the Delhi-NCR region.In͏͏ a͏͏ statement,͏͏ the͏͏ company͏͏...
India’s quick commerce sales surge 280% in two years, expected to reach USD 9.95 Bn by 2029
India's quick commerce industry has seen significant growth, with sales increasing by over 280 per cent in the past two years,͏͏ according͏͏ to͏͏ a͏͏...
As quick commerce boom continues, Tiger Global eyes stake in Zepto
As the quick commerce competition intensifies in India, with companies branching out from FMCG and groceries to a broader range of consumer goods, Tiger...
Swiggy allocates lion’s share of IPO proceeds to expand Instamart dark stores
Swiggy's updated prospectus, filed on Thursday for its initial public offering (IPO), reveals the Bengaluru-based company's plans to continue investing heavily in its quick...
NCLT slams Dunzo for lack of progress in settling creditor disputes
Reliance Retail-backed hyperlocal delivery startup Dunzo has come under scrutiny from the National Company Law Tribunal (NCLT) for failing to reach a settlement with...
Zepto retains top spot in LinkedIn’s 2024 list of India’s startups
Quick commerce platform Zepto has secured the top spot in LinkedIn's Top Startups India List 2024 for the second consecutive year. This͏͏ annual͏͏ ranking͏͏...
Over 30% of shoppers rely on quick commerce for essentials: NielsenIQ
Quick commerce has become a key growth driver in grocery shopping, with 31% of Indian shoppers depending on it for their essential grocery needs͏͏...
Bigbasket partners with 30,000 farmers to offer affordable organic produce
Bigbasket, an omnichannel grocery delivery firm, has teamed up with more than 30,000 farmers to provide organically grown fruits, vegetables, and staples at͏͏ prices͏͏...
BharatPe integrates ONDC to offer food ordering and delivery services
Days after rebranding its Postpe app to BharatPe, the fintech giant has integrated the government-backed Open Network For Digital Commerce (ONDC) to enable food...
New ‘enabler’ startups emerge as quick commerce gains traction
A new wave of 'enabler' startups is reshaping India's fast-growing quick commerce (Qcomm) ecosystem. This transformation is driven by the rapid expansion of hyperlocal...
Quick commerce giants Blinkit and Zepto pilot efficient returns and exchanges for apparel and lifestyle items
As quick commerce players ramp up their 10-minute delivery of apparel and lifestyle items, they͏͏ are͏͏ set͏͏ on͏͏ resolving͏͏ a͏͏ major͏͏ issue͏͏ in͏͏ online͏͏...
eB2B platforms to capture 35-45% of India’s buyers by 2030: Redseer Report
By 2030, eB2B platforms are expected to account for 35-45 per cent of India's total buyers,͏͏ or͏͏ around͏͏ 14-18͏͏ million,͏͏ according͏͏ to͏͏ a͏͏ recent͏͏...