quick commerce
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Zepto initiates talks with bankers for $450 Mn IPO, targets August 2025 listing
Quick commerce giant Zepto has reportedly initiated talks with domestic and international merchant bankers, targeting a potential listing on Indian stock exchanges by August...
BigBasket’s B2C arm sees 6% revenue growth, cuts losses by 17% in FY24
Innovative Retail Concepts Pvt Ltd, the B2C arm of online grocery and quick commerce firm BigBasket, recorded a modest 6% year-on-year increase in operating...
Cash-fueled quick commerce giants rush to secure dark store sites as competition heats up
The quick commerce industry is on fire, with a new competition brewing on two fronts. Companies, energized by recent funding and soaring valuations, are...
Zepto likely to expand into BNPL segment with ‘Zepto Postpaid’
Quick commerce giant Zepto is set to launch 'Zepto Postpaid', marking its likely entry into the buy now, pay later (BNPL) segment.͏͏͏Ap͏͏͏p͏͏ Wa͏͏it͏l͏is͏t͏ f͏͏or͏...
Quick commerce set to drive India’s gross order value to USD 10 Bn by FY26
Quick commerce is on track to revolutionise the Indian retail market, with forecasts suggesting a gross order value of USD 10 billion by FY26,...
Zomato shares surge 7.7% after JP Morgan raises target price to INR 340
Shares of foodtech giant Zomato jumped 7.7% on the BSE today, hitting an intraday peak of INR 261.50 after JP Morgan increased its target...
BigBasket to phase out slotted deliveries, merge BBdaily into main app
Tata’s BigBasket plans to merge its BBdaily subscription service with its main app in the next few months to enhance its foothold in the...
Blinkit goes live in Kochi, first store opens in Kaloor
Gurugram-based quick commerce platform Blinkit has launched its services in Kochi, Kerala, as announced by a senior company official in a social media post...
Zepto secures $340 Mn in follow-on round, valuation hits $5 Bn
Zepto, the quick commerce unicorn, has secured $340 Mn (INR 2,850 Cr) in a 'follow-on financing' round led by General Catalyst, valuing the company...
Swiggy in talks to appoint ex-Flipkart executive Amitesh Jha as Instamart head
Foodtech giant Swiggy is reportedly in advanced talks to bring Amitesh Jha, Flipkart’s former senior vice president, on board as the head of its...
Centre probes impact of quick commerce growth on kirana shops
Amid growing concerns that the unchecked expansion of quick commerce platforms like Blinkit and Swiggy Instamart is affecting India’s kirana sector, the Centre has...
Amazon to launch quick commerce services in India by Q1 2025
Ecommerce giant Amazon plans to launch its quick commerce services in India by the first quarter of next year.According to an ET report, the...