Tag: quick commerce

Flipkart Earth: Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable products
Posted in Startups

Flipkart Earth: Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable products

Walmart-backed Flipkart is planning to launch Flipkart for Earth, a premium line focussed on environmentally friendly products, according to people in the know.The company has…

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Eternal vs Swiggy: Eternal vs Swiggy: How the numbers stack up against each other
Posted in Startups

Eternal vs Swiggy: Eternal vs Swiggy: How the numbers stack up against each other

In the July-September quarter, for instance, Swiggy managed to narrow its net loss while Eternal increased its profit. In the quick commerce business, Eternal’s Blinkit…

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Swiggy's stock was down 6.20% at 198.30 rupees in early trade, set for its worst day on record, if the current momentum persists. (Reuters)
Posted in Business

Swiggy shares hit record low as wider Instamart losses fuel profitability concerns

Shares of Swiggy fell to a record low on Friday after the Instamart operator posted wider losses in its quick-commerce business, keeping the focus on…

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VC’s remark on deeptech sets off a debate on where India’s capital should go
Posted in Startups

VC’s remark on deeptech sets off a debate on where India’s capital should go

A comment from Anmol Maini, general partner at early-stage venture capital firm Untitled Ventures, has stirred up a debate online, where he said most deeptech…

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FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1
Posted in Startups

FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1

Brainbees Solutions, parent of the mother-and-baby care products brand FirstCry, reported a 13% year-on-year (YoY) growth in operating revenues, at Rs 2,106 crore, in the…

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Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%
Posted in Startups

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…

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Quick medicine delivery startup Plazza raises $15 million from Accel, Elevation, Nexus, others
Posted in Startups

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…

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Zepto brings back subscription via invite-only club membership programme
Posted in Startups

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….

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Yes Madam clocks 30,000 home beauty services in June as at-home salon race heats up
Posted in Startups

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…

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Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints
Posted in Startups

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…

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