BigBasket
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BigBasket’s B2C arm sees 6% revenue growth, cuts losses by 17% in FY24
Innovative Retail Concepts Pvt Ltd, the B2C arm of online grocery and quick commerce firm BigBasket, recorded a modest 6% year-on-year increase in operating...
Cash-fueled quick commerce giants rush to secure dark store sites as competition heats up
The quick commerce industry is on fire, with a new competition brewing on two fronts. Companies, energized by recent funding and soaring valuations, are...
Zepto likely to expand into BNPL segment with ‘Zepto Postpaid’
Quick commerce giant Zepto is set to launch 'Zepto Postpaid', marking its likely entry into the buy now, pay later (BNPL) segment.͏͏͏Ap͏͏͏p͏͏ Wa͏͏it͏l͏is͏t͏ f͏͏or͏...
BigBasket to phase out slotted deliveries, merge BBdaily into main app
Tata’s BigBasket plans to merge its BBdaily subscription service with its main app in the next few months to enhance its foothold in the...
BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries
Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...
Top food companies shift focus to high-priced functional foods
Forget organic products and millets. Food companies are shifting their strategy to premiumise their offerings by focusing on functional foods—products claimed to address health...
Home delivery of liquor could soon be available through platforms like Swiggy, BigBasket, and Zomato
State͏͏s like N͏ew͏ ͏Delhi, Karnataka͏, Ha͏ryana, Punjab, Tamil Nadu, Goa, a͏nd Kerala are ͏consider͏ing pilo͏t projects fo͏r home delivery of liquor via online platforms...
Quick commerce giants set to deliver smartphones and electronics by Diwali
Getting a͏ ͏bra͏nd-new smartpho͏ne delive͏red ͏to ͏your do͏orstep within 1͏0 ͏m͏inutes mi͏ght soon ͏be a reality. According to i͏ndustry executives, deliver͏y͏ giants like Swiggy...
DST Global and Lightspeed Venture Partners likely to join Zepto’s financing round, valuing it at about $3 Billion
Yuri Milner’s DST Global and Lightspeed Venture Partners are expected to participate in the ongoing financing round for Zepto, according to multiple informed sources.This,...
BigBasket unveils 2023 Sustainability Report, showcasing remarkable environmental milestones and social impact initiatives
BigBasket, a TATA Enterprise, has just launched its 2023 Sustainability Report, spotlighting notable advancements in six key areas of impact: electric delivery vehicles, solar...
Zomato shares plummet 5% as Macquarie predicts 47% decline ahead
Foodtech giant Zomato's shares took a hit of around 5% during intraday trading on Friday (May 31), falling to as low as INR 172.5...
Reliance Industries set to disrupt quick commerce market with JioMart’s entry, challenging Blinkit, Zepto, and others
Mukesh Ambani-led Reliance Industries, known for its disruptive presence in the consumer space with cut-throat marketing strategies, is now gearing up to enter India’s...