Tag: quick commerce
Blinkit flags growth moderation as quick commerce firm’s profitability improves
India’s largest quick commerce platform Blinkit flagged a potential moderation in growth as the base expands, even as it improved profitability in the January-March quarter….
Flipkart may launch standalone app for quick commerce business Minutes
Flipkart is planning to launch a standalone app for its quick commerce vertical Flipkart Minutes prior to its annual Big Billion Days sale later this…
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…
Zepto trims cash burn before IPO, pitches profitability by FY29 to investors amid growing competition
Quick commerce firm Zepto has begun engaging institutional investors ahead of its planned June–July public listing, as it steps up pre-IPO roadshows, people familiar with…
Digital commerce in India will grow to $250 billion by 2030: Google and Deloitte report
India’s digital commerce ecosystem is set to reach $250 billion by 2030 from $90 billion currently, driven by quick commerce, Gen Z users, and AI-led…
Platforms brace for impact as gig workforce returns home
Quick commerce, ecommerce and instant home service platforms are facing gig worker shortages as delivery riders and helpers return to their hometowns amid elections and…
Quick commerce expands beyond groceries with VC funding, but scale questions persist
Quick commerce in India is not just about grocery delivery anymore. Food, construction materials, medicines, baby care and house help are among a multitude of…
Zepto rolls out Pay Later facility
Quick commerce platform Zepto on Tuesday introduced a suite of new in-app features, including a ‘Pay Later’ facility and real-time images of fresh produce, as…
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…