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Flipkart expands portfolio with nationwide bus booking services, introduces 25,000 routes across India
To cater to the growing number of commuters in the inter-city travel sector, e-commerce giant Flipkart has introduced bus services on its platform.Through collaborations...
Zomato’s shares surge to record high, nearing INR 200 mark as Kotak raises price target to INR 210
Maintaining their bullish momentum, Zomato's shares edged closer to the INR 200 milestone. The foodtech giant's stock surged to a record peak of INR...
Mall hypermarkets scale down as quick commerce apps gain momentum, sales decline prompts closures, say operators
Hypermarkets in malls are reducing their space, with some even closing down, as sales have dropped due to the growing popularity of quick commerce...
Zepto in talks for $300 Million funding, eyes valuation jump to $3 Billion
In the midst of the increasingly fierce competition in the quick commerce arena, Zepto is reportedly in early-stage discussions to secure a minimum of...
Holi festivities drive record-breaking sales for quick-commerce giants Swiggy Instamart, Zepto, and Blinkit
Over the long weekend, Holi festivities boosted online spirits as quick-commerce platforms like Zomato's Blinkit, Zepto, and Swiggy Instamart experienced a significant increase in...
Zomato among Jefferies’ top picks for next five years, anticipates 2.5X share price increase by 2029
Zomato has secured a spot among Jefferies' "top picks" for the next five years, with the brokerage predicting a 2.5X increase in the foodtech...
Blinkit to outgrow Zomato within a year, says CEO Deepinder Goyal
Zomato Co-Founder and chief executive Deepinder Goyal stated on Monday that the company’s quick-commerce platform Blinkit will outgrow its mainstay food-delivery business within a...
Urban Company teams up with Blinkit for instant delivery of its new water purifiers, offers free installation
On-demand beauty and home service provider Urban Company has partnered with Blinkit to offer delivery services for its newly launched water purifiers, Native M1...
IPO-bound Swiggy merges InsanelyGood with Instamart
Swiggy, a prominent player in food and quick commerce, has merged its premium grocery vertical, InsanelyGood, with its quick commerce vertical, Instamart, as communicated...
Zepto experiments with platform fees to boost profitability
Zepto, a quick-commerce firm, has been experimenting with platform fees alongside handling charges and delivery fees in order to enhance its profitability.The company is...
Baron Capital elevates Swiggy’s valuation to $12.1 Billion, marking 13% increase from previous fundraise
A fund overseen by Baron Capital Group, an asset manager headquartered in the United States, has increased the fair value of the food-delivery platform...
Quick-commerce sector on track to compete with e-commerce giants, says Glade Brook Capital Founder
The Indian quick-commerce sector might see expansion into a much wider array of stock keeping units (SKUs), bringing it closer to ecommerce in the...
