Friday, December 27, 2024

e-commerce

Swiggy lowers IPO valuation to $13.5 Bn amid market volatility

E-Commerce
Swiggy has reportedly lowered the valuation target for its upcoming initial public offering IPO to between $12.5 Bn and $13.5 Bn. Originally aimed for a...

Blinkit introduces EMI for purchases over INR 2,999

E-Commerce
Blinkit now offers EMI (equated monthly instalments) for customers, letting them split payments for purchases above INR 2,999. Albinder Dhindsa, CEO of Blinkit took to...

Swiggy introduces ‘Seal’ programme to enhance restaurants hygiene standards

E-Commerce
Swiggy has launched a new initiative called the 'Seal' programme to improve hygiene and food quality among its restaurant partners. Currently live in Pune,...

Blinkit introduces Seller Hub for streamlined brand sales management

E-Commerce
Blinkit has introduced the ‘Blinkit Seller Hub’ to help brands list and sell their products on its platform. This hub allows brands to manage...

Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results

E-Commerce
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results Zomato shares jumped 4.6% to INR 268 on the BSE on Wednesday, October 23,...

Amazon India launches campaign to protect customers from cyber fraud

E-Commerce
Amazon India has started a digital campaign to help customers stay aware of cyber frauds and scams amid the busy Great Indian Festival. Amazon #AapkeHittMeJaari...

Temasek to acquire 25% stake in IPO-bound Rebel Foods

Food & Beverage
Temasek Holdings, a Singapore state investor, plans to buy a major stake in Rebel Foods through a mix of new equity and buying existing...

Evenflow secures unspecified bridge round, eyes IPO in 2027

E-Commerce
House of Brands Evenflow has secured an unspecified amount from serial entrepreneur Shail Patel and existing investors in a bridge round. This is part...

D2C Brands outpace marketplaces with 64% increase in festive Sales

E-Commerce
Direct-to-consumer (D2C) brands saw a 64% increase in orders during the recent sale, outpacing marketplaces, which had a 26% growth from last year, Gokwik...

Swiggy Instamart faces criticism for adding free Tomatoes to cart, netizens slam

E-Commerce
A Bengaluru man’s post went viral after he criticised Swiggy Instamart for adding free tomatoes to his order. Though the 500 grams of tomatoes...

Blinkit rolls out 10-minute return option for clothing and footwear

E-Commerce
Quick commerce giant Blinkit has rolled out a return option for clothing and footwear in select cities such as Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and...

Swiggy delivers 11,000 vada pavs in collaboration with Singham Again team, sets world record

E-Commerce
Food delivery platform, Swiggy and the team of Singham Again set a new Guinness World Record for the largest vada pav order in one...
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