Tag: quick commerce
Wow Skin Science: Wow Skin Science cuts losses despite revenue dip, eyes profitability by 2025
Beauty and personal care firm Wow Skin Science reported a second consecutive year of revenue decline while reducing losses by about 40% in the financial…
swiggy: Quick commerce can be bigger than food delivery, won’t be a duopoly: Swiggy founder Sriharsha Majety
Quick commerce can become a bigger business than food delivery in India and, unlike food delivery, it won’t be a duopoly, said Swiggy founder Sriharsha…
pet fashion: Catwalk goes canine in this festival season pet gala
As pet parenting in India evolves, with pets now recognised as family members and discretionary spending on them rising due to the quick-commerce frenzy, fashion…
Swiggy: Swiggy steps up quick commerce investment to Rs 1,179 crore, eyes 741 dark stores
Food delivery platform Swiggy is increasing its investment in its quick-commerce business, Swiggy Instamart to Rs 1,179 crore, up 20% from Rs 982 crore mentioned…
Dhanteras: Quick commerce firms vie to cash in on Dhanteras
Zomato-owned Blinkit on Tuesday saw a surge in sales of gold and silver coins along with other items associated with Dhanteras celebrations. Similar to last…
ElasticRun: B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%
Business-to-business (B2B) ecommerce platform ElasticRun reduced its net losses by 42% to Rs 359.6 crore for the financial year ended March 2024, down from Rs…
Atomberg: Atomberg’s revenue rises 31% to Rs 848 crore
Consumer appliances maker Atomberg Technologies reported a 31.4% increase in operational revenue to Rs 848 crore for 2023-24 from Rs 645 crore in the previous…
Blinkit: Blinkit now the largest player in major metros except Chennai, Hyderabad: Zomato CFO
Akshant Goyal, chief financial officer (CFO) of Zomato, said Blinkit has become the largest player in quick commerce across major metropolitan cities, except for Chennai…
Blinkit: Blinkit unit economics hit in July-September on back of investment ramp up
Zomato-owned quick commerce platform Blinkit saw its margins deteriorating sequentially during the July-September quarter as the company invested heavily on infrastructure expansion. Blinkit reported adjusted…
Aadit Palicha: Passion over profit drives Zepto’s $5-billion success: founder Aadit Palicha
A passion for building a transformative company, rather than a mere pursuit of wealth, is what drove the success for Zepto– the company with a…