Friday, November 8, 2024

instamart

Govt to crack down on quick commerce firms over non-compliance with mandatory disclosures

E-Commerce
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 allocates lion’s share of IPO proceeds to expand Instamart dark stores

Aggregators & Distribution
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...

Quick commerce players ramp up 24×7 deliveries to meet festive season demand

Aggregators & Distribution
Quick commerce platforms are ramping up their 24x7 delivery services for the festive season to meet consumer demand around the clock, executives said. This...

Centre to analyse quick commerce data for insights on consumption patterns and economic activity

LATEST
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

Aggregators & Distribution
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...

Cash-fueled quick commerce giants rush to secure dark store sites as competition heats up

Aggregators & Distribution
The quick commerce industry is on fire, with a new competition brewing on two fronts. Companies, energized by recent funding and soaring valuations, are...

Quick commerce set to drive India’s gross order value to USD 10 Bn by FY26

Industry
Quick commerce is on track to revolutionise the Indian retail market, with forecasts suggesting a gross order value of USD 10 billion by FY26,...

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

News
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

News
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

News
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

Startups
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

News
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

News
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

News
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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