quick commerce
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Blinkit introduces new option for businesses to add GSTIN dring purchases
Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...
Amazon India records 25% surge in sales of home, kitchen, and outdoor items in Assam
E-commerce platform Amazon India saw a 25% growth in sales of home, kitchen, and outdoor products in Assam, especially in capital city Guwahati, compared...
IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon
As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV...
Zomato expands ESOP pool, allocates 1.2 Cr stock options to employees
Foodtech giant Zomato has increased the size of its employee stock option plan (ESOP) by allocating nearly 1.2 crore stock options to eligible employees.In͏͏...
FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply
India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...
Premiumisation and pent-up demand to drive festive growth in 2024: Redseer Report
Premiumisation and pent-up demand are set to drive festive demand in 2024, according to a new report from Redseer Strategy Consultants. The͏͏ report͏͏ reveals͏͏...
Swiggy Instamart launches 24×7 delivery service in Delhi-NCR ahead of festive season
With the festive season approaching, quick commerce giant Swiggy Instamart has launched a 24×7 delivery service in the Delhi-NCR region.In͏͏ a͏͏ statement,͏͏ the͏͏ company͏͏...
India’s quick commerce sales surge 280% in two years, expected to reach USD 9.95 Bn by 2029
India's quick commerce industry has seen significant growth, with sales increasing by over 280 per cent in the past two years,͏͏ according͏͏ to͏͏ a͏͏...
As quick commerce boom continues, Tiger Global eyes stake in Zepto
As the quick commerce competition intensifies in India, with companies branching out from FMCG and groceries to a broader range of consumer goods, Tiger...
Swiggy allocates lion’s share of IPO proceeds to expand Instamart dark stores
Swiggy's updated prospectus, filed on Thursday for its initial public offering (IPO), reveals the Bengaluru-based company's plans to continue investing heavily in its quick...
Swiggy’s revenue surpasses INR 10,000 Cr in FY24 as losses nearly halved
IPO-bound Swiggy reduced its losses by 44% for the financial year ending March 31, 2024. The decacorn startup reported a net loss of INR...
Swiggy’s Q1 loss widens 8% YoY to INR 611 Cr, operating revenue jumps 35%
IPO-bound Swiggy reported a consolidated net loss of INR 611 crore in the June quarter of FY25, an increase of over 8% from INR...
