Thursday, December 26, 2024

quick commerce

Zepto doubles target, aims to secure $300 Mn from domestic investors

Indian quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, as per sources close to the...

Quick commerce market to reach $40 Bn by 2030, engulfs nearly half of kirana sales

Quick commerce companies are surpassing traditional retailers, with 46% of consumers reducing purchases from Kirana shops. The quick commerce market is expected to reach...

Zomato to raise INR 8,500 Cr via QIP in December

Food delivery giant Zomato is planning to launch a INR 8,500 crore qualified institutional placement (QIP) in December 2024, depending on market conditions. Morgan Stanley...

Physics Wallah appoints Amit Sachdeva from Blinkit as CFO ahead of IPO

Physics Wallah, an edtech unicorn, has strengthened its leadership team by appointing Amit Sachdeva, former Blinkit executive, as its new Chief Finance Officer (CFO)....

CAIT targets Quick Commerce platforms over alleged law violations

The Confederation of All India Traders (CAIT) has set its sights on quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto, accusing them of...

Zomato’s Quick Commerce arm Blinkit pilots large order fleet

Blinkit, the quick commerce arm of Zomato, has begun testing a large order fleet in the Delhi NCR region. This development comes after Zomato...

Zero-commission app WAAYU expands food delivery to Hyderabad

Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over...

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