Tag: quick commerce
Quick commerce solutions platform Inamo raises $8 million led by Prime Venture
Quick commerce enablement platform Inamo has raised $8 million led by Prime Venture Partners, with participation from existing investors Shastra VC, Antler India, and Gemba…
Swiggy, Eternal shares in focus after Govt tells them ‘no more 10-minute delivery’| Business News
Shares of Swiggy Ltd. and Eternal Ltd. rebounded from the day’s lows after the central government pursuaded them to do away with 10-minute delivery for…
Quick commerce brings Christmas cheer for D2C brands as sales surge
This Christmas, direct-to-consumer (D2C) brands have seen an uptick in quick commerce sales as platforms launched deals, removed additional fees on orders, expanded gifting and…
Quick commerce ups gig rider onboarding, monthly base accelerates 70-80%
Aggressive scale-up and fast growth have prompted quick commerce platforms to step up the onboarding of last-mile delivery workers, according to industry executives and staffing…
Myntra says its rapid commerce platform M-Now is driving 10% of orders in active locations
Online fashion retailer Myntra’s rapid commerce arm, M-Now, is driving 10% of orders in locations where the service is live. The service is currently available…
Dunzo’s Kabeer Biswas eyeing funds for AI concierge startup
Dunzo cofounder Kabeer Biswas, who recently left Flipkart, is in discussions to raise about $12 million for his new venture, a personal AI concierge service,…
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…
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 closes $450-million round led by US pension fund Calpers; valuation hits $7 billion
Synopsis The startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the Bangalore-based startup said…