quick commerce
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Quick commerce giants set to deliver smartphones and electronics by Diwali
Getting a͏ ͏bra͏nd-new smartpho͏ne delive͏red ͏to ͏your do͏orstep within 1͏0 ͏m͏inutes mi͏ght soon ͏be a reality. According to i͏ndustry executives, deliver͏y͏ giants like Swiggy...
Zepto plans to raise $650 Million, targeting $3.5 Billion valuation
As competition in quick commerce space heats up, Zepto is looking to raise $650 million from new and existing investors.The funding will be led...
DST Global and Lightspeed Venture Partners likely to join Zepto’s financing round, valuing it at about $3 Billion
Yuri Milner’s DST Global and Lightspeed Venture Partners are expected to participate in the ongoing financing round for Zepto, according to multiple informed sources.This,...
Zomato to bolster Blinkit with INR 300 Cr as quick commerce landscape heats up
Zomato is set to infuse INR 300 crore of fresh capital into its quick commerce venture, Blinkit, as per a regulatory filing submitted to...
Indian consumers embrace 10-minute grocery apps, squeezing small retailers out of competition
In a suburban neighborhood of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse, hustle to fulfill orders within a 10-minute window. Their efficiency is monitored...
India-Pakistan T20 showdown fuels record sales surge for pubs, restaurants, and quick commerce ventures
Pubs, restaurants, and quick commerce startups were bustling with activity ahead of the highly anticipated T20 match between arch-rivals India and Pakistan on Sunday....
Is the flour market’s titan losing its sheen? Meet Chakki Peesing, the new contender
According to IMARC analysis, the packaged atta (wheat flour) market size has reached INR 73.9 billion in 2023 and is projected to climb to...
Telangana Food Safety Department raids Blinkit warehouse, set to issue notice over hygiene and compliance issues
On Wednesday, the Telangana Food Safety Department raided a warehouse of Zomato-owned Blinkit in the Devar Yamjal area of the state’s Medchal Malkajgiri district.In...
Pet care brand Heads Up For Tails expands reach, now available on quick commerce platforms for rapid delivery
The pet care brand Heads Up For Tails (HUFT) is gearing up to broaden its reach across Indian quick commerce platforms. Presently available on...
Food delivery and e-commerce giants ramp up measures to protect delivery partners amidst sweltering heatwave
With large parts of India experiencing a heatwave and several cities recording higher-than-normal temperatures, food delivery and e-commerce platforms have introduced various measures to...
Swiggy’s revenue from food delivery, Instamart reaches INR 7,800 Cr in FY24
IPO-bound Swiggy Ltd. saw a 35% increase in revenue from its top two businesses—food delivery and the quick-commerce unit Instamart—in FY24, along with a...
Zomato shares plummet 5% as Macquarie predicts 47% decline ahead
Foodtech giant Zomato's shares took a hit of around 5% during intraday trading on Friday (May 31), falling to as low as INR 172.5...