Tag: grocery delivery

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Posted in Startups

quick commerce: Quick commerce firms dangle discounts for bulk buys above Rs 1,000 cart size

Quick commerce, which started off as a top-up service for last-minute purchases, is now seeing companies push bulk orders offering discounts. These discounts — relatively…

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The Swiggy Limited's logo is seen at a press conference during which its Initial Public Offering (IPO) was announced in Mumbai, India, October 30, 2024(Francis Mascarenhas/Reuters)
Posted in Business

Swiggy planning marketplace for astrologers, therapists called ‘Yello’: Report

Food delivery giants Swiggy and Zomato both are looking to diversify into new services beyond their core business, according to an Economic Times report. The…

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Zomato reported a nearly five-fold profit increase to 1.76 billion rupees but missed forecasts. The firm is raising 85 billion rupees via shares and expanding to 2,000 stores by 2026 as competition intensifies in India's delivery sector.(Reuters)
Posted in Business

Zomato misses Q2 profit estimates, hurt by store expansion costs

Oct 22, 2024 04:34 PM IST Zomato plans to raise 85 billion rupees through share issuance and aims for 2,000 stores by 2026 amid increasing…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Deepinder Goyal: Felt Zomato was dead when Swiggy raised $1 billion in 2018: CEO Deepinder Goyal at The ET Startups Awards

Zomato founder and chief executive Deepinder Goyal said he felt that the food and grocery delivery major was at a dead end when rival Swiggy…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

zomato: Blinkit’s losses widen to 1,078 crore in FY23, revenue surges threefold: Report

Zomato-owned quick delivery platform Blinkit saw its losses increase 8.2 per cent to reach Rs 1,078.9 crore in FY23 from Rs 996.7 crore in FY22,…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

bigbasket b2c arm losses: BigBasket’s B2C arm sees net loss widen nearly 2x for FY23

Innovative Retail Concepts, which runs the B2C arm of grocery and quick commerce firm BigBasket, on Thursday, reported an 89% widening of its net loss…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

bigbasket: BigBasket secures capex procurement ERP software from Zoho Corp

Technology company Zoho Corporation on Tuesday said it has implemented a custom-built capex procurement ERP software Zoho Creator to online grocery seller BigBasket. The cloud-based…

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instacart: US grocery delivery app Instacart hikes its valuation 18% to $12 billion as financials improve: report
Posted in Startups

instacart: US grocery delivery app Instacart hikes its valuation 18% to $12 billion as financials improve: report

Grocery delivery app Instacart raised its internal stock price by 18% in late February compared with December, The Information reported on Sunday, citing a person…

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