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Swiggy likely to have lower public market valuation than Zomato: Elara Capital
Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from...
Zepto rolls out ‘SuperSaver’ to capture bulk buyers and increase AOV
As the quick commerce sector heats up, Zepto is enhancing its strategy by introducing 'SuperSaver,' aiming to increase its average order value (AOV) and...
Centre to analyse quick commerce data for insights on consumption patterns and economic activity
With ample funding and increasing demand, the quick commerce sector in India is experiencing rapid growth. Consequently, the government is reportedly seeking to analyse...
Following Bengaluru, Flipkart’s quick commerce service ‘Minutes’ expands to Delhi
In the ongoing race for dominance in the quick commerce sector, Walmart-owned Flipkart has extended its quick commerce service, 'Minutes,' to users in Delhi,...
Quick commerce players boost presence in smaller cities ahead of festive season
Buoyed by ample funding and growing demand, India's quick commerce sector is experiencing rapid expansion. Zepto, Blinkit, and Swiggy Instamart have become key players,...
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...
Quick commerce set to drive India’s gross order value to USD 10 Bn by FY26
Quick commerce is on track to revolutionise the Indian retail market, with forecasts suggesting a gross order value of USD 10 billion by FY26,...
Zomato shares surge 7.7% after JP Morgan raises target price to INR 340
Shares of foodtech giant Zomato jumped 7.7% on the BSE today, hitting an intraday peak of INR 261.50 after JP Morgan increased its target...
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...
Blinkit best positioned to benefit from quick commerce growth; Zomato PT raised to INR 353: CLSA
Brokerage firm CLSA anticipates that the gross order value of major quick commerce players like Blinkit, Zepto, and Swiggy Instamart will reach $10 billion...
Blinkit goes live in Kochi, first store opens in Kaloor
Gurugram-based quick commerce platform Blinkit has launched its services in Kochi, Kerala, as announced by a senior company official in a social media post...
Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...