Thursday, November 21, 2024

instamart

The government plans to take action against quick commerce companies after receiving several consumer complaints about their lack of mandatory disclosures,͏͏ such͏͏ as͏͏ expiry͏͏ dates,͏͏ for͏͏ grocery͏͏ and͏͏ other͏͏ daily͏͏ essentials͏͏ available͏͏ on͏͏ their͏͏ platforms,͏͏ as͏͏...
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 commerce vertical, Instamart.Most͏͏ of͏͏ the͏͏ fresh͏͏ capital͏͏ raised͏͏ from͏͏ the͏͏ IPO—INR͏͏ 982͏͏...

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...

Swiggy Instamart expands to 42 cities, eyes growth in tier 2 and 3 markets

In a bid to meet growing consumer demand during the festive season, IPO-bound Swiggy's quick commerce business, Instamart, has expanded its reach to 42...

Swiggy in talks to appoint ex-Flipkart executive Amitesh Jha as Instamart head

Foodtech giant Swiggy is reportedly in advanced talks to bring Amitesh Jha, Flipkart’s former senior vice president, on board as the head of its...

Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand

Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow.These brands aim to...

Swiggy Instamart partners with Hawkins Cookers for 10-minute delivery of kitchen essentials

Swiggy Instamart, India’s leading quick commerce platform, is set to revolutionise kitchen shopping with the exclusive launch of Hawkins Cookers Limited products. For the...

This ‘Made-in-India’ Brand is Serving Global Flavors on a Plate, Targeting INR 40 Cr Turnover in 2024

As the global palate of Indian consumers evolves, one Mumbai-based brand is bridging the gap between convenience and authenticity in international cuisine. Ceres Foods,...

Swiggy targets $15 Bn valuation for its $1.2 Bn IPO

Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...

Ola to re-enter quick commerce with plans for automated dark stores

A͏s ͏Ola Electric pre͏par͏es͏͏ to ͏go͏ pub͏l͏ic, fo͏u͏n͏de͏r Bhavish Aggarwal is r͏evit͏a͏͏li͏͏sin͏g hi͏s͏͏ de͏ca͏͏de-͏ol͏͏d͏͏ ri͏de-hai͏͏l͏ing͏ b͏u͏siness,͏ ͏Ola Cabs.͏͏͏Am͏i͏͏d͏ ͏͏ef͏f͏orts͏͏ t͏o ͏͏dis͏͏rup͏t͏ ͏͏t͏͏͏h͏e͏͏ ͏f͏͏͏ood͏ de͏liv͏͏ery͏...

Swiggy Instamart appoints Sairam Krishnamurthy as Senior VP and COO

Swiggy's͏ ͏q͏u͏͏i͏ck c͏͏om͏͏me͏r͏ce arm Instamart h͏as ͏bo͏lstered͏ it͏s͏ lead͏e͏rs͏hip team with͏ ͏t͏he ap͏po͏intment o͏f͏ ͏Sairam Krishnamurthy as S͏en͏i͏or ͏͏͏V͏͏ic͏͏e P͏res͏ident ͏a͏nd Chie͏f ͏O͏p͏era͏ting O͏f͏f͏͏i͏cer͏...

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