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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...
Zomato faces fresh GST penalty: Delhi Tax Authorities demand INR 2.22 Crore
Zomato, a leading player in the foodtech sector, has received a fresh penalty notice for Goods and Services Tax (GST) from Delhi's sales tax...
Zomato receives approval to liquidate Indonesian subsidiary
Zomato, the foodtech giant, has received approval from the Indonesian government to liquidate its subsidiary in the Southeast Asian country.According to a regulatory filing,...
Govt pushes for ONDC shopfronts on e-commerce giants Amazon and Flipkart
The Centre has instructed Amazon and Flipkart to establish storefronts for the Open Network for Digital Commerce (ONDC) on their home pages, according to...
Blinkit more valuable than Zomato’s food delivery business: Goldman Sachs
Hyper-local delivery company Blinkit is now valued higher than Zomato's core food delivery business, as per a recent report by Goldman Sachs. Goldman Sachs...
Zomato tests priority deliveries in Bengaluru, Mumbai with extra charges
Continuing its streak of experiments, foodtech major Zomato is now testing a new feature in parts of Bengaluru and Mumbai that offers priority deliveries...
PhonePe’s Pincode streamlines e-commerce strategy, exits non-food categories on ONDC network
Walmart-backed PhonePe is revamping its ecommerce strategy on the Open Network for Digital Commerce (ONDC). It is discontinuing several categories such as fashion, grocery,...
Biryani by Kilo eyes 35% growth this FY, unveils ‘Tufani’ menu for quicker deliveries
Biryani by Kilo, a name synonymous with culinary excellence and innovation, has emerged as a household favorite across India. From its humble beginnings in...
Zomato raises platform fee to INR 5, temporarily halts intercity delivery service
Zomato, the foodtech giant, has raised its platform fee by 25% to INR 5 per order and suspended its intercity delivery service, Intercity Legends.Zomato...
Zomato faces yet another GST notice, Gurugram Authority demands INR 11.8 Crore
Zomato, a foodtech giant, has received a fresh Goods and Services Tax (GST) notice amounting to INR 11.8 crore from the Gurugram GST authority.The...
Flipkart expands VIP subscription to eight new cities, intensifying competition with Amazon Prime
Several months after launching its VIP subscription programme, Walmart-backed ecommerce giant Flipkart has rolled out the service to 8 new cities in order to increase its...
Zepto gains ground in quick-commerce market as Instamart slips
Over the last couple of years, Zepto has steadily increased its share of the quick-commerce market, edging out Swiggy Instamart. According to a report...