Tag: quick commerce
Shadowfax: Logistics firm Shadowfax eyes $50 million, doubling value to $700 million
Flipkart-backed hyperlocal logistics startup Shadowfax is in advanced stages of closing a funding round of Rs 350-400 crore ($45-50 million) that is likely to double…
Not concerned about new competitors entering quick commerce space: Albinder Dhindsa of Blinkit
Albinder Dhindsa, chief executive of quick commerce platform Blinkit, on Thursday said that the company isn’t concerned about new competitors entering the market. “We are…
Zepto: Zepto in talks with Indian family offices like Motilal Oswal to shore up another $100-150 million
Quick commerce firm Zepto has held discussions to raise another $100-150 million from a group of domestic family offices and high-net-worth individuals (HNIs) at a…
Blinkit introduces 10 minute return and exchange feature for apparel in select cities
The Zomato-owned quick commerce platform Blinkit has now introduced a new feature, allowing customers to return and exchange clothing and footwear within 10 minutes in…
Blinkit: Blinkit launches 10-minute returns for footwear, apparel categories
Blinkit, the quick-commerce arm of food delivery major Zomato, has rolled out 10-minute returns for footwear and clothing categories. “Customers can initiate a return/ exchange…
DMart: Online platforms, quick commerce spoil the party for DMart
Shares of Avenue Supermarts, which owns and operates retail chain DMart, fell over 8% on Monday after disappointing September-quarter earnings, driven by disruptions from online…
Govt examining product disclosures by quick commerce firms
The government is verifying mandatory disclosures on packaged products sold through quick commerce companies, a senior government official said on Tuesday, signalling potential regulatory action…
At Blinkit, there is no ‘zero notice period’ policy anymore. Goal: Retain talent
Oct 15, 2024 12:18 PM IST Blinkit increased notice period to two months to retain talent amid competition from firms like Zepto and Swiggy. This…
Zomato: Zomato Xtreme is coming back in a different avatar
After having suspended its hyperlocal logistics service Xtreme in July, food delivery company Zomato is working on bringing back the offering – albeit in a…
Evenflow strengthens leadership with four key hires, aims at ten-fold revenue jump by 2027
Evenflow, a house of brands, said it has strengthened its leadership team with four key hires in major verticals such as business, category, supply chain,…