Tag: quick commerce
Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%
FSN E-Commerce, parent company of the beauty and fashion brand Nykaa, reported a net profit of Rs 80 crore in the June quarter, up from…
Quick medicine delivery startup Plazza raises $15 million from Accel, Elevation, Nexus, others
Quick medicine delivery startup Plazza has raised $15 million in a round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing…
Zepto brings back subscription via invite-only club membership programme
IPO-bound quick commerce startup Zepto has rolled out an invite-only paid membership programme, Zepto Club. It is currently available to select customers for Rs 99….
Yes Madam clocks 30,000 home beauty services in June as at-home salon race heats up
Home services platform Yes Madam, which delivers salon and spa services at customers’ homes, says it has serviced 30,000 instant bookings in the first month…
Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints
Shares of food delivery major Swiggy fell. 5% to an intraday low of Rs 266 on the BSE on Monday after the Food Safety and…
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details
Quick commerce platform Zepto has disclosed in its updated draft red herring prospectus that cofounders Aadit Palicha and Kaivalya Vohra received a summons from the…
Flipkart revamps Shopsy to take on Meesho & Bazaar
Quick commerce platforms may have intensified the competition in India’s largest cities, but they do not yet match Flipkart’s reach across smaller markets, said its…
Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, services
Quick commerce startups specialising in verticals across fashion, beauty and services continue to attract early-stage venture capital funding as investors look to back the next…
Swiggy CEO Sriharsha Majety sees telecom parallels in qcomm frenzy, says strategic clarity is key
Swiggy founder Sriharsha Majety said companies that find strategic clarity early are more likely to survive aggressive spending cycles, drawing parallels between quick commerce’s current…
Quick commerce firms face heat as riders stay off peak hours
The quick commerce industry is facing a shortage of delivery partners amid intense heatwaves, prompting companies to roll out incentives to keep them on the…