Tag: instamart
Quick commerce turning to reset lane as profit push tempers growth metrics
After several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in the January-March quarter, as they…
India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit,…
Swiggy QIP likely next week to give Instamart firepower against Zepto, Blinkit| Business News
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a…
Zepto may file draft IPO papers this month; eyes $450-500 million fundraise from public markets
Quick commerce firm Zepto is once again preparing to file draft documents for an initial public offering, reviving the listing plans it had put on…
Swiggy mulls up to $1.5 billion fundraise for balance sheet boost
Food and groceries delivery company Swiggy is exploring a qualified institutional placement (QIP) of up to $1.5 billion to strengthen its balance sheet and bolster…
Quick delivery of gold, silver coins on the rise this Dhanteras
Quick commerce platforms are witnessing a sharp uptick in gold and silver coin sales this Dhanteras, with half-gram to 10-gram coins now available for ultra-fast…
Zepto’s $450 million funding could increase competition, cash burn in industry: analysts
Quick commerce platform Zepto closed a $450 million round in a mix of primary and secondary transactions on Thursday. Founder Adit Palicha told ET in…
Zepto gets $450-million funding in run-up to a likely IPO next year| Business News
Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.’s…
Swiggy Instamart to deliver 1 gm gold to 1 kg silver on Dhanteras| Business News
Swiggy Instamart will deliver 1 gm gold to 1 kg silver at your doorstep within 10-15 minutes on Dhanteras day, adding yet another chapter to…
Blinkit CEO issues warning to brands over fake listing claims
Blinkit chief Albinder Dhindsa warned brands about rising fraudulent activities in product listings on the platform. “We’ve recently seen cases where fraudsters claim they can…