quick commerce
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Blinkit expands offerings with new sports and fitness essentials category, featuring top brands
Diversifying its offerings, Blinkit, Zomato's quick commerce platform, has introduced a fresh category featuring sports and fitness essentials. This includes premium brands like Adidas,...
Noida’s Gourmet Jar sizzles with 12% profit surge, gears up for festive season sales frenzy!
Gourmet Jar, a leading artisanal brand based in Noida, has carved a niche in the premium condiments market with its clean-label, all-natural products. Founded...
iD Fresh Food’s quick commerce sales surge 100x in 2 years
Around 33% of iD Fresh Food's sales originate from quick commerce platforms, while its traditional e-commerce sales have experienced a 25% decline over the...
Quick commerce grabs 35% share of FMCG online sales in FY24, doubling within a year
Major consumer goods companies like Hindustan Unilever (HUL), Dabur, Adani Wilmar, and Parle Products reported that the contribution of quick commerce to their overall...
Zomato shares dip 6% despite Q4 FY24 profit surge
Despite recording increased profits quarter-on-quarter for Q4 FY24, Zomato shares declined by 6% to INR 182.10 on Tuesday (May 14th).By 12:20 PM, Zomato's trading...
Bernstein raises Zomato’s price target to INR 230, upholds ‘OUTPERFORM’ rating following strong Q4 results
After reviewing Zomato's Q4 results, brokerage firm Bernstein upheld its "OUTPERFORM" rating for the foodtech company's stock and increased its price target (PT) from...
Blinkit’s Q4 FY24 revenue hits INR 769 Crore; loss narrows to INR 37 Crore
Blinkit, Zomato’s quick commerce vertical, achieved positive adjusted EBITDA in March 2024 as it continued to scale up the average order value and volume...
IPO-bound Swiggy resumes homestyle meal delivery service ‘Swiggy Daily’, integrates into main app
Foodtech giant Swiggy has reintroduced its homestyle meal delivery service, Swiggy Daily, after a four-year hiatus from its offerings. Originally launched in 2019, the...
Quick commerce sector soars as Millennial and Gen Z homes drive growth
Just two years ago, the idea of quick commerce or instant deliveries was often dismissed with laughter. Some even argued that consumers had no...
Adani Wilmar targets doubling staple foods business within three years
Adani Wilmar has set its sights on expanding its food and FMCG operations to reach approximately INR 10,000 crore within the next three years....
True Elements to bring it all for snacking, from seeds to 5pm snacks!
In a world where health is wealth, a Pune based company, True Elements stands as a beacon of hope, offering wholesome breakfast alternatives and...
Swiggy files confidential draft papers with SEBI for IPO launch
Swiggy, a prominent food delivery giant, has reportedly filed for an initial public offering (IPO) via confidential pre-filing route with the Securities and Exchange...