Zomato has raised INR 8,500 Cr (around $1 Bn) through its first qualified institutional placement (QIP), with the aim of expanding its quick commerce business Blinkit and supporting other key growth initiatives. Zomato allocates shares at price...
A recent study commissioned by Meta has revealed that nearly 91% of internet users in India are aware of quick commerce platforms, indicating a widespread awareness of these services. The study, which surveyed over 2,500 internet users...