Saturday, December 28, 2024

quick commerce

Swiggy’s Q1 loss widens 8% YoY to INR 611 Cr, operating revenue jumps 35%

Food Tech
IPO-bound Swiggy reported a consolidated net loss of INR 611 crore in the June quarter of FY25, an increase of over 8% from INR...

Amazon and Samara Capital invest heavily in More Retail to fuel expansion and enhance grocery fulfilment

Industry
Amazon and private equity firm Samara Capital are investing heavily in grocery retail chain More Retail, which received over INR 387 crore in capital...

Zepto retains top spot in LinkedIn’s 2024 list of India’s startups

Aggregators & Distribution
Quick commerce platform Zepto has secured the top spot in LinkedIn's Top Startups India List 2024 for the second consecutive year. This͏͏ annual͏͏ ranking͏͏...

Archies records INR 6 Cr in quick commerce sales, targets INR 15 Cr revenue for FY25

LATEST
City-based gifting retailer Archies has reported strong sales of INR 6 crore via quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart. The͏͏ company͏͏...

Over 30% of shoppers rely on quick commerce for essentials: NielsenIQ

Aggregators & Distribution
Quick commerce has become a key growth driver in grocery shopping, with 31% of Indian shoppers depending on it for their essential grocery needs͏͏...

US Polo Assn teams up with Zepto for instant apparel delivery across India

LATEST
US Polo Assn (USPA) has͏͏ teamed͏͏ up͏͏ with͏͏ quick-commerce platform Zepto to͏͏ offer͏͏ product͏͏ delivery͏͏ within͏͏ 10͏͏ minutes͏͏ across͏͏ all͏͏ Zepto͏͏ locations. With͏͏ this͏͏ partnership,͏͏...

New ‘enabler’ startups emerge as quick commerce gains traction

Aggregators & Distribution
A new wave of 'enabler' startups is reshaping India's fast-growing quick commerce (Qcomm) ecosystem. This transformation is driven by the rapid expansion of hyperlocal...

Quick commerce giants Blinkit and Zepto pilot efficient returns and exchanges for apparel and lifestyle items

Aggregators & Distribution
As quick commerce players ramp up their 10-minute delivery of apparel and lifestyle items, they͏͏ are͏͏ set͏͏ on͏͏ resolving͏͏ a͏͏ major͏͏ issue͏͏ in͏͏ online͏͏...

After BigBasket, Blinkit steps up with 10-minute iPhone 16 deliveries

Aggregators & Distribution
A day after Tata Digital-owned BigBasket introduced 10-minute delivery for electronic products, including the newly-launched iPhone 16, Blinkit entered͏͏ the͏͏ race͏͏ for͏͏ dominance͏͏ in͏͏...

E-commerce sales in India expected to hit $12 Bn this festive season, up 23% from last year

Industry
E-commerce companies and online sellers are͏͏ projected͏͏ to͏͏ deliver͏͏ merchandise͏͏ valued͏͏ at͏͏ $12͏͏ billion͏͏ to͏͏ consumers͏͏ in͏͏ India͏͏ this͏͏ festive͏͏ season,͏͏ marking͏͏ a͏͏ 23%͏͏...

Mila Beaute partners with Zepto for 10-minute delivery of makeup products across India

Industry
Mila Beaute, the New Delhi-based beauty brand, has joined forces with Zepto to ͏of͏fer ra͏pi͏d ͏d͏e͏͏livery ͏of͏ its͏͏ ͏pro͏d͏uc͏t͏s͏ wi͏t͏͏h͏͏͏i͏͏n 1͏0 m͏inu͏t͏es ͏͏i͏n͏͏ ͏͏ever͏y...

Nykaa accelerates same-day and next-day deliveries, achieves 60% fulfillment rate in 110 cities

Aggregators & Distribution
As the quick commerce sector intensifies, beauty and fashion e-commerce giant Nykaa ͏͏͏ha͏͏s s͏tep͏pe͏d͏͏ ͏͏u͏p͏ it͏s sam͏e-͏d͏ay͏ a͏n͏d͏ next͏͏-day d͏el͏i͏ver͏y serv͏ice͏s ͏w͏͏͏h͏ile a͏l͏so exp͏͏andi͏ng...
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