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Flipkart’s bid for majority stake in Zepto hits snag; quick-commerce startup shifts focus to financial investors
Flipkart, a leading player in e-commerce, engaged in discussions with Zepto regarding a potential deal. However, as reported by ET, these discussions have come...
Swiggy merges Swiggy Mall with Instamart to expand quick commerce offerings beyond groceries
Swiggy, the food tech giant, announced on Thursday that it will merge Swiggy Mall with its quick commerce offering Instamart. This strategic move is...
D2C brands shell out 30-45% commission for quick-commerce platform listings
With the surge in demand for quick-commerce platforms, niche D2C companies operating in sectors such as fast-moving consumer goods, beauty and personal care, and...
Flipkart expands VIP subscription to eight new cities, intensifying competition with Amazon Prime
Several months after launching its VIP subscription programme, Walmart-backed ecommerce giant Flipkart has rolled out the service to 8 new cities in order to increase its...
Zepto gains ground in quick-commerce market as Instamart slips
Over the last couple of years, Zepto has steadily increased its share of the quick-commerce market, edging out Swiggy Instamart. According to a report...
Ola expands beyond ridesharing: Collaborates with ONDC to dive into grocery and fashion markets
Ola Mobility, a ridesharing unicorn led by Bhavish Aggarwal, is eyeing a diversification of its ecommerce offerings through collaboration with the Open Network for...
Invesco marks IPO-bound Swiggy’s valuation at $12.7 Billion, up 18% from last fundraise
Invesco, a US-based investor, has raised the valuation of Swiggy, a food and grocery delivery company, to $12.7 billion, according to filings submitted to...
Flipkart expands portfolio with nationwide bus booking services, introduces 25,000 routes across India
To cater to the growing number of commuters in the inter-city travel sector, e-commerce giant Flipkart has introduced bus services on its platform.Through collaborations...
Swiggy Instamart sees yet another high-profile exit as VP of Supply Chain Karan Arora resigns
In yet another key exit from Swiggy, Karan Arora, the Vice President and Head of Supply Chain Management at Instamart, a subsidiary of Swiggy,...
Swiggy’s strong financial performance sets stage for IPO: FY24’s first 9 months show robust growth
Ten years since its inception, the foodtech and quick commerce giant Swiggy is gearing up for a public debut this year, diligently ensuring a...
IPO-bound Swiggy merges InsanelyGood with Instamart
Swiggy, a prominent player in food and quick commerce, has merged its premium grocery vertical, InsanelyGood, with its quick commerce vertical, Instamart, as communicated...
IPO-bound Swiggy initiates workforce reduction, plans to cut 6% of jobs to enhance profitability
IPO-bound food and grocery delivery major Swiggy has initiated another round of layoffs to streamline costs and pursue profitability, according to sources in the...