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Swiggy lowers IPO valuation to $13.5 Bn amid market volatility
Swiggy has reportedly lowered the valuation target for its upcoming initial public offering IPO to between $12.5 Bn and $13.5 Bn.Originally aimed for a...
Blinkit introduces EMI for purchases over INR 2,999
Blinkit now offers EMI (equated monthly instalments) for customers, letting them split payments for purchases above INR 2,999.Albinder Dhindsa, CEO of Blinkit took to...
Swiggy introduces ‘Seal’ programme to enhance restaurants hygiene standards
Swiggy has launched a new initiative called the 'Seal' programme to improve hygiene and food quality among its restaurant partners. Currently live in Pune,...
Blinkit introduces Seller Hub for streamlined brand sales management
Blinkit has introduced the ‘Blinkit Seller Hub’ to help brands list and sell their products on its platform. This hub allows brands to manage...
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 resultsZomato shares jumped 4.6% to INR 268 on the BSE on Wednesday, October 23,...
D2C Brands outpace marketplaces with 64% increase in festive Sales
Direct-to-consumer (D2C) brands saw a 64% increase in orders during the recent sale, outpacing marketplaces, which had a 26% growth from last year, Gokwik...
Blinkit rolls out 10-minute return option for clothing and footwear
Quick commerce giant Blinkit has rolled out a return option for clothing and footwear in select cities such as Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and...
India Sweet House raises investment from Viney Equity Market LLP in pre-IPO round
India Sweet House, a known confectionery brand, has secured a large investment in its pre-Initial Public Offering (IPO) funding round. Viney Equity Market LLP...
Farmery introduces Organic Honey and Wild Forest Honey with eco-friendly glass bottles
Farmery, a D2C brand focused on fresh, sustainable food, has launched two new honey variants: Organic Honey and Wild Forest Honey. They will be...
Timberland returns to India via Reliance Retail, now available on AJIO
American Outdoor apparel and footwear company Timberland has returned through Reliance Retail and is now available on AJIO's fashion platform. Previously, Timberland closed its...
As competition heats up in quick commerce, Blinkit scraps ‘zero notice period’ policy
As competition heats up in the quick commerce sector and the fight for talent becomes increasingly fierce, Zomato-owned Blinkit has reportedly updated its employment...
Reliance Retail Q2 profit rises to INR 2,836 Cr, revenue falls 3.5% amid weak consumer demand
Reliance Retail Ventures reported a net profit of INR 2,836 crore for Q2 of FY25, reflecting a 1.3 per cent year-on-year increase. However,͏͏ revenue͏͏...