quick commerce

Zomato launches INR 8,500 Cr QIP at floor price of INR 266 per share

Zomato, a leading foodtech company, has opened its INR 8,500 Cr qualified institutions placement (QIP) and set a floor price of INR 265.91 per...

Tata Group launches Neu Flash q-commerce delivery amid intensifying competition

Tata group's ecommerce venture, Neu, is piloting a quick commerce delivery service under Neu Flash, as demand for instant deliveries picks up pace in...

Swiggy ropes in Flipkart’s DoS Kanika Tiwari as Head of Monetization

Swiggy, a leading online food delivery and quick commerce platform in India, has appointed Kanika Tiwari as the Head of Monetization for its quick...

Quick commerce sees record advertising revenue surge, led by Blinkit, Zepto

The quick commerce sector in India is witnessing rapid growth, with platforms such as Blinkit, Zepto, and Swiggy's Instamart reporting remarkable surges in revenue...

Zomato gets shareholders approval to secure INR 8,500 Cr via QIP

Food delivery platform Zomato's shareholders have approved the company's plan to raise INR 8,500 crore via a qualified institutional placement (QIP).Zomato receives nod from...

Amazon India to launch quick commerce delivery service ‘Tez’

Amazon India is gearing up to launch its quick commerce delivery service, code-named Tez, by late December or early next year.Amazon eyes global debut...

Swiggy enters sports, acquires Mumbai team in upcoming World Pickleball League

Swiggy Ltd, an online food delivery company, has acquired ownership of the Mumbai team in the World Pickleball League (WPBL).WPBL takes place in January...

FM Nirmala Sitharaman: quick commerce to enhance India’s innovative image globally

Finance Minister Nirmala Sitharaman believes that the success of quick commerce startups can boost India's global reputation as a hub for innovative solutions. She...

Zomato enters into BSE’s flagship index, joins ranks of Reliance, Infosys

The Bombay Stock Exchange (BSE) has announced that it will add Zomato, the foodtech major, to its flagship BSE Sensex index, replacing JSW Steel,...

Myntra rolls out 30-Minute to 2-Hour Delivery amid quick commerce competition

Myntra, the fashion e-commerce platform, has launched a new 30-minute to 2-hour delivery feature called "M-Now" in select areas of Bengaluru. This move is part...

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