A man's eye-opening comparison in Hyderabad unveiled a staggering mark-up on restaurant meals ordered via ...More

A man's eye-opening comparison in Hyderabad unveiled a staggering mark-up on restaurant meals ordered via Swiggy. A meal priced at Rs 230 directly from the establishment surged to Rs 436 on the platform. This price difference ignited a lively debate online about the trade-off between delivery convenience and added costs, prompting users to question if such charges are warranted. ...Less

FSSAI has taken action against major e-commerce platforms for various food safety violations and misbrand ...More

FSSAI has taken action against major e-commerce platforms for various food safety violations and misbranding. The platforms include Amazon, Swiggy Instamart, BigBasket, Flipkart India, and Zepto. Regulatory non-compliance has prompted increased scrutiny of food products sold online in recent months. Consumers are being informed about enforcement measures through social media by the food regulator. FSSAI aims to ensure the safety of food products available to consumers across online channels. ...Less

Instamart is expanding its battery-swapping stations network to encourage electric vehicle use in last-mi ...More

Instamart is expanding its battery-swapping stations network to encourage electric vehicle use in last-mile delivery. The improvements are part of partnerships with Yulu and Yuma Energy to facilitate affordable access and reduce downtime. Recently, the first station was opened in Bengaluru, enhancing efficiency for delivery partners. Instamart is offering rental cashback incentives for using Yulu electric two-wheelers to lower costs. ...Less

Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industr ...More

Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industries and other holdings while adding to Swiggy, Paytm and several other stocks. The fund also exited five stocks and added two new names. Its portfolio stood at 68 stocks across 26 sectors during the month. ...Less

Gig platforms are integrating tax filing assistance into their apps. Many delivery partners receive tax r ...More

Gig platforms are integrating tax filing assistance into their apps. Many delivery partners receive tax refunds after deductions at source. This service helps workers establish formal financial records for credit applications. Platforms like Zomato and Swiggy facilitate these filings for numerous partners. This shift signifies growing tax compliance within India's gig economy. ...Less

In a recent update, Zomato has started imposing a convenience charge on cash-on-delivery orders, which wi ...More

In a recent update, Zomato has started imposing a convenience charge on cash-on-delivery orders, which will be in addition to its current platform fees. This initiative is intended to increase the company's profitability. Meanwhile, Swiggy has refrained from introducing such charges, and the newly launched Ownly offers a fee-free experience for its users. ...Less

Swiggy has introduced a dedicated helpline and an in-app channel for food safety concerns. Customers can ...More

Swiggy has introduced a dedicated helpline and an in-app channel for food safety concerns. Customers can now report issues by calling a specific number or using the new help section. This initiative aims to enhance customer feedback and address potential food safety gaps effectively. The company will review complaints on priority and take necessary actions promptly. These measures align with increased attention to food safety regulations across India. ...Less

Udaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 c ...More

Udaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 crore. Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake as part of the transaction. ...Less

Under the new framework, the government has introduced a 0.4% MDR on P2M (person-to-merchant) UPI transac ...More

Under the new framework, the government has introduced a 0.4% MDR on P2M (person-to-merchant) UPI transactions above Rs 2,000, capped at Rs 300 for transactions of Rs 75,000 and above. ...Less

NSE’s Rs 22,561.57 crore IPO ranks as India’s second-largest, behind Hyundai Motor India. The exchange at ...More

NSE’s Rs 22,561.57 crore IPO ranks as India’s second-largest, behind Hyundai Motor India. The exchange attracted 189 anchor investors and raised Rs 6,746.18 crore before opening for public subscription, making it the second-highest in the historical anchor investor comparison. ...Less

The figure was calculated by dividing each company’s value equally among its founders and adding only the ...More

The figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in India. If one of four founders of a $10-billion company met that definition, $2.5 billion was counted. It does not represent actual shareholdings or personal wealth. The 205 companies had a total valuation of $1.09 trillion. ...Less

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5. ...More

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5. ...Less

Indian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor senti ...More

Indian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to rising oil prices and geopolitical tensions. Swiggy announced a stake sale in Lynks Logistics for approximately $52.4 million. Mahindra & Mahindra maintained its leadership in the domestic tractor market by volume. REC issued India's first pilot tokenized corporate bonds, receiving strong investor interest. ...Less

Swiggy shares rose 2.53% following block deals involving 4% equity. The company faces MSCI index removal ...More

Swiggy shares rose 2.53% following block deals involving 4% equity. The company faces MSCI index removal on September 7 due to foreign ownership caps, while Q1 FY27 results showed a narrowed net loss of Rs 791 crore. ...Less

Adidas said less than 20% of employees in its India Technology organisation have been affected by layoffs ...More

Adidas said less than 20% of employees in its India Technology organisation have been affected by layoffs at its Gurugram Tech Hub. ...Less

With its sights set on aggressive growth, Flipkart Minutes is swiftly enhancing its operations and bolste ...More

With its sights set on aggressive growth, Flipkart Minutes is swiftly enhancing its operations and bolstering financial results. The initiative aims to roll out multiple new fulfillment centers monthly while keeping profitability at the forefront. An increased emphasis on non-grocery products and reaching smaller urban areas are becoming key to its expansion. In parallel, Flipkart is exploring a dedicated app and crafting private-label merchandise. ...Less

Swish, a 10-minute food delivery startup, has raised $24 million to expand its kitchen network and supply ...More

Swish, a 10-minute food delivery startup, has raised $24 million to expand its kitchen network and supply chain. The two-year-old company has crossed one million monthly orders, with 70–75% of revenue coming from repeat users. It operates 250 stock-keeping units (SKUs) across 20 categories in 50 pincodes. ...Less

Amazon India's quick commerce unit Now has achieved $1 billion in annualised sales. The company is rapidl ...More

Amazon India's quick commerce unit Now has achieved $1 billion in annualised sales. The company is rapidly expanding its operations to over sixty cities currently. Amazon Now plans to reach one hundred cities before the festive season begins. It is investing heavily in its logistics and quick commerce operations. The company aims to increase its market share in the quick commerce sector. ...Less

Amazon has launched Alexa+ in India, adding generative AI, personalised conversations and task-performing ...More

Amazon has launched Alexa+ in India, adding generative AI, personalised conversations and task-performing capabilities to Alexa. Available under Early Access from September 16, it supports Hindi and Hinglish and can work across smart-home devices, Amazon services and partner platforms. Alexa+ will be free for Prime members after Early Access, while other users can access it through paid plans. ...Less

Helios Mid Cap Fund, backed by Samir Arora, exited Dixon Technologies, Aadhar Housing Finance and Black B ...More

Helios Mid Cap Fund, backed by Samir Arora, exited Dixon Technologies, Aadhar Housing Finance and Black Box in August. The fund added eight stocks, including Coforge and Lalithaa Jewellery, while increasing exposure to 15 stocks and holding 72 stocks across 23 sectors. ...Less

Amazon has launched its generative AI-powered Alexa+ assistant in India. This new version offers more con ...More

Amazon has launched its generative AI-powered Alexa+ assistant in India. This new version offers more conversational voice interactions and personalized responses. Alexa+ understands natural conversation and can perform various everyday tasks for users. It is designed to recognize Indian languages and cultural references effectively. The service is currently available for eligible customers under an early access program. ...Less

Flipkart has launched a standalone app for its quick commerce arm Flipkart Minutes, ahead of its Big Bill ...More

Flipkart has launched a standalone app for its quick commerce arm Flipkart Minutes, ahead of its Big Billion Days sale. The company is also piloting food delivery service ‘Eat In’ with a select group of employees. This comes as Flipkart’s MAU share declined as customers shift to quick commerce platforms. ...Less

Instamart reported a rise in demand for eco-friendly Ganpati idols and mawa modaks during Ganesh Chaturth ...More

Instamart reported a rise in demand for eco-friendly Ganpati idols and mawa modaks during Ganesh Chaturthi on September 14. According to the company's data, eco-friendly clay idol orders increased 176% year-on-year, while mawa modaks rose 145%. Flowers peaked at 868 orders a minute at 7:42 am, while Bengaluru recorded the highest festive order volume. ...Less

Happy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques an ...More

Happy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. This and more in today’s ETtech Morning Dispatch. ...Less

Consumer demand in India has reached a five-year high during the initial festive period, with sales growt ...More

Consumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances, automobiles and apparel. Online platforms and quick-commerce services have also reported significant increases in sales. Automakers and white goods manufacturers witnessed strong demand and record festive sales, while industry executives expect the positive momentum to continue through the peak consumption period. ...Less

Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs ...More

Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The stock faces potential foreign outflows after entering the NSDL red-flag list and possible exclusion from MSCI and FTSE indices. Jefferies, however, retains a Buy rating with a Rs 435 target. ...Less

Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global index ...More

Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and control. The new foreign ownership constraints limit further investments. Swiggy is targeting robust adjusted EBITDA growth by FY31, even as it reported a net loss while revenues showed an uptick in Q1 FY27. ...Less

Global index providers MSCI and FTSE are set to revise Swiggy's index treatment shortly. MSCI is removing ...More

Global index providers MSCI and FTSE are set to revise Swiggy's index treatment shortly. MSCI is removing Swiggy from global indices, which will lead to considerable passive outflows. Additionally, FTSE has modified Swiggy's investability weight due to foreign ownership limits. Together, these alterations are projected to trigger passive outflows surpassing $350 million, causing Swiggy shares to drop on Wednesday after the news broke. ...Less

India’s new-age internet companies may be sitting on a profit engine that investors are still not fully p ...More

India’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising. ...Less

A 40-year-old investor based in Pune is on a mission to retire by age 50 while providing for her two chil ...More

A 40-year-old investor based in Pune is on a mission to retire by age 50 while providing for her two children’s education. With savings of Rs 1.68 crore from diverse investments, she plans to pay off her home loan by December 2026. Experts suggest she aim for a retirement fund between Rs 4-4.5 crore and adapt her investment strategy as her financial goals draw near. ...Less

Swiggy's CREW platform has launched as a dedicated personal travel concierge service. This service plans, ...More

Swiggy's CREW platform has launched as a dedicated personal travel concierge service. This service plans, books, and curates entire journeys with on-site assistance. CREW offers round-the-clock support and real-time itinerary changes for travellers. Human concierges, backed by AI, provide fast and personalized responses. Travellers can access exclusive hotel rates and priority pricing through CREW's network. ...Less

MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership l ...More

MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership limit breaches. This deletion adds pressure on the stock, forcing passive funds to reduce exposure while limiting fresh foreign investment. ...Less

iPhone 18 queue Psychology: Why do people stand in long queues to buy a new iPhone when they can order it ...More

iPhone 18 queue Psychology: Why do people stand in long queues to buy a new iPhone when they can order it online? Psychology and consumer behaviour research suggests the answer may involve more than Apple loyalty. Studies point to the appeal of being among the first, social proof, perceived scarcity and the experience of waiting itself, with the queue potentially becoming part of the iPhone launch experience. ...Less

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggest ...More

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan assets after receiving US approval. ...Less

Ather Energy has surpassed Ola Electric in sales and other metrics. This and more in today’s ETtech Top 5 ...More

Ather Energy has surpassed Ola Electric in sales and other metrics. This and more in today’s ETtech Top 5. ...Less

India’s obsession with calling everything “world-class” often outpaces its willingness to uphold the stan ...More

India’s obsession with calling everything “world-class” often outpaces its willingness to uphold the standards that make excellence possible. From filthy restaurant kitchens to encroached pavements, leaky exams and everyday jugaad, the pursuit of a developed India demands more than grand aspirations. It requires accepting the discipline, accountability and sacrifices that genuine quality entails. ...Less

A government sub-committee has decided to uphold the 2020 rule for doorstep delivery of medicines, recogn ...More

A government sub-committee has decided to uphold the 2020 rule for doorstep delivery of medicines, recognizing its critical importance for elderly patients and those living in remote locations. Despite the chemists' request to revoke the rule due to concerns of misuse by digital platforms, the sub-committee concluded that maintaining this service is essential for vulnerable populations, recommending instead a stricter enforcement of the existing regulations. ...Less

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the ...More

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in today’s ETtech Morning Dispatch. ...Less

Slice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more ...More

Slice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5. ...Less

Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty clo ...More

Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. ...Less

The transaction, which is also likely to see participation from Swish’s existing investors, is expected t ...More

The transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company at around $200 million, one of the persons said. Swish had last raised $38 million in March at a valuation of $120 million. The round was led by Bain Capital Ventures, with participation from existing investor Accel. ...Less

Indian travellers are increasingly taking trips without waiting for holidays. Fifty-eight percent of trav ...More

Indian travellers are increasingly taking trips without waiting for holidays. Fifty-eight percent of travellers took trips simply because they wanted to. Many travellers booked trips to celebrate small wins and for a change. Everyday situations also emerged as unconventional triggers for travel. Travellers are creating their own reasons to get away. ...Less

A Gurgaon-based founder has sparked an online discussion about why a household earning Rs 3 lakh a month ...More

A Gurgaon-based founder has sparked an online discussion about why a household earning Rs 3 lakh a month may still struggle to feel financially secure. Dr Sunny Garg said families can gradually build homes, education, vehicles and daily expenses around two incomes, making it difficult for either partner to leave work. He argued that financial freedom also depends on how long a family can manage without one income. ...Less

Maharashtra FDA Commissioner Tukaram Mundhe prioritizes public health over personal popularity. He has ta ...More

Maharashtra FDA Commissioner Tukaram Mundhe prioritizes public health over personal popularity. He has taken action against 12,083 establishments for various food safety violations. Hygiene, raw material quality, and manpower are common restaurant violations identified. Online food platforms are also considered food business operators and have faced action. ...Less

Companies are introducing smaller, affordable protein food packs to boost consumption. These convenient o ...More

Companies are introducing smaller, affordable protein food packs to boost consumption. These convenient options cater to discerning Indian consumers seeking more protein. Brands are making protein-rich foods accessible through smaller formats and lower entry prices. Even naturally protein-rich foods are being packaged in smaller, economical portions. This market shift prioritizes affordability and convenience alongside protein content. ...Less

The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, p ...More

The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond yields, and geopolitical tensions. Despite strong domestic growth, near-term market direction hinges on global risks and crude oil volatility. ...Less

The Food on Train network now includes Kolhapur, Wardha, Shahdol, Kakinada, Bharatpur, Chittoor, Thanjavu ...More

The Food on Train network now includes Kolhapur, Wardha, Shahdol, Kakinada, Bharatpur, Chittoor, Thanjavur, Raigarh, Jamnagar, Indore and Tundla stations, among others, Swiggy said. The online food delivery firm also shared interesting trends around the evolving food habits of train travellers. In just over a year, passengers have switched from fast food and carbonated drinks to healthier, refreshing options, it stated. ...Less

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business ...More

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business even as established players continue to deepen their networks. The 10 cities together account for 3,536 dark stores, according to CLSA's Quick Commerce Map, with Blinkit leading at 969 stores, followed by Zepto at 828, Flipkart Minutes at 627, Swiggy Instamart at 615 and BigBasket at 497. ...Less

India's e-commerce market will nearly triple to USD 345 billion by 2030. Quick commerce is the fastest-gr ...More

India's e-commerce market will nearly triple to USD 345 billion by 2030. Quick commerce is the fastest-growing segment, contributing significantly to this expansion. Gen Z will become the largest digital spending group, driving online purchases. E-commerce will represent a substantial portion of total retail spending nationwide. Artificial intelligence will boost retail productivity and transform consumer shopping experiences. ...Less

India’s food safety crackdown is prompting restaurants and food delivery platforms to tighten checks on i ...More

India’s food safety crackdown is prompting restaurants and food delivery platforms to tighten checks on ingredients, suppliers, hygiene and staff training. QSR and fine-dining chains are strengthening vendor audits and kitchen controls, while quick commerce firma Zomato has warned of strict action against restaurants using items such as analogue paneer amid growing regulatory and public scrutiny. ...Less

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players ...More

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and in six top cities, with a strong presence outside major hubs. ...Less

Reliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones ...More

Reliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones and sticks from ₹10. The brand is initially rolling out across western India before a planned nationwide expansion, bringing RIL’s low-price, high-distribution strategy to another consumer category. ...Less

Amazon Swiggy Bigbasket Food Licence Suspension News: Karnataka's Food Safety and Drugs Administration De ...More

Amazon Swiggy Bigbasket Food Licence Suspension News: Karnataka's Food Safety and Drugs Administration Department has suspended the food licences of Amazon, Swiggy Instamart and BigBasket after datura fruits and seeds were found listed as food products. The department ordered the platforms to remove the listings and stop selling or distributing datura for human consumption. ...Less

Social media outrage is driving India's food-safety crackdown across the nation. Viral posts expose hygie ...More

Social media outrage is driving India's food-safety crackdown across the nation. Viral posts expose hygiene issues, prompting increased government inspections of food businesses. Regulators are stepping up checks, leading to suspensions and product seizures nationwide. This enforcement drive targets restaurants, hotels, and quick-commerce operations. ...Less

The state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yul ...More

The state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yulu have responded positively and agreed to join the board, people familiar with the development told ET. So far only 15 platform companies have registered with the board, collectively representing about seven lakh gig workers. ...Less

Retailers and quick-commerce platforms including D-Mart, BigBasket, Blinkit and Swiggy Instamart have sta ...More

Retailers and quick-commerce platforms including D-Mart, BigBasket, Blinkit and Swiggy Instamart have started limiting sugar purchases as supplies tighten ahead of the festive season. Retail sugar prices have risen about 40% in two months. ...Less

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles o ...More

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lower expenses. Employers are expanding incentives and EV-linked opportunities to attract delivery workers. Job postings for electric vehicle roles and fixed-pay positions have seen significant growth. This trend indicates a move towards more sustainable gig work as a livelihood. ...Less

Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms al ...More

Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms also restrict sugar sales to a few packs. This comes as sugar supplies tighten before the Raksha Bandhan festival. Government-approved raw sugar imports aim to ease the tight stock situation. Prices have risen significantly and are expected to continue increasing. ...Less

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, ...More

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The final 30 minutes of Monday’s session could see significant activity as investors adjust positions. According to Nuvama Alternative and Quantitative Research, the changes include index additions and exclusions, along with weight revisions across several stocks. ...Less

The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest R ...More

The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies across areas including space systems, defence, energy, maritime intelligence, advanced manufacturing and other technologies linked to national security and strategic infrastructure. ...Less

Companies employing lower-paid and gig workers are facing higher labour costs after more than 15 states r ...More

Companies employing lower-paid and gig workers are facing higher labour costs after more than 15 states raised minimum wages since April, adding pressure ahead of the festive season. ...Less

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives ...More

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies like Tata Sons and HDFC Bank. This leadership churn indicates a period of transition for India Inc. Meanwhile, influential tech leaders are moving to AI companies like OpenAI. These shifts highlight evolving strategies and the increasing demand for AI expertise. ...Less

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for ...More

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories. ...Less

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive c ...More

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jury included Sachin Bansal, cofounder, Flipkart and Navi; Vijay Shekhar Sharma, founder and CEO, Paytm; Mukesh Bansal, cofounder, Myntra; Mithun Sacheti, cofounder, CaratLane; Nandita Sinha, CEO, Swiggy Instamart; Ajit Mohan, chief business officer, Snap Inc; Irina Ghose, MD, Anthropic India; Paras Chopra, founder, Wingify, Lossfunk; Abhiraj Singh Bhal, cofounder and CEO, Urban Company; and Aryaman Birla, director, Aditya Birla Group. ...Less

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and gr ...More

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and growing demand for premium gifts. Rakhi orders surged on Instamart, while jewellery, beauty and personal care, chocolates, electronics and gift hampers also saw strong demand. Smaller cities and non-traditional gifting categories gained traction this year. ...Less

HNIs’ holdings in NSE-listed stocks surged 22.55% QoQ to a record Rs 9.92 lakh crore by June-end, adding ...More

HNIs’ holdings in NSE-listed stocks surged 22.55% QoQ to a record Rs 9.92 lakh crore by June-end, adding Rs 1.83 lakh crore in three months. Their share of market value rose to 2.12%, the highest since March 2022. However, average ownership by volume fell to 7.19% from 7.31%, suggesting the rise was driven largely by stock price gains and greater exposure to high-value companies rather than fresh buying. ...Less

Swiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enab ...More

Swiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Instamart and potentially improve margins. However, Jefferies expects the shift to trigger passive outflows of over $400 million from MSCI and FTSE indices due to foreign ownership limits. The brokerage retained its Buy rating with a target price of Rs 435. ...Less

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This ...More

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potentially improve margins and gain greater control. The quick-commerce unit aims to catch up with market leader Blinkit in this competitive sector. This shift requires higher working capital for inventory purchases and stock management. Instamart's transition is part of Swiggy's broader strategy for profitability. ...Less

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic ...More

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study cites gaps in digital skills, mobility, safety and social norms as barriers, even as India’s gig workforce is projected to reach 23.5 million by 2029-30. ...Less

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ri ...More

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ride-hailing platforms are altering street-level operations and traffic patterns. Informal services are transforming residential areas with app-mediated worker circulation. Existing zoning regulations struggle to keep pace with these rapid changes. New principles are needed to integrate gig work into urban planning. ...Less

Founded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs k ...More

Founded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs kitchen appliances and tools tailored for Indian cooking habits. The company said the fresh capital will be used for product development, branding, and supply chain management, while also supporting its omnichannel expansion plans. ...Less

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economi ...More

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economic Times Startup Awards. The awards recognise entrepreneurial excellence across categories including innovation, women-led ventures and social enterprise. The coveted Startup of the Year nominees include Porter, Skyroot Aerospace, Rapido, Meesho, Groww and Sarvam. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

Swiggy executive Saptarshi Prakash has highlighted the company's policy of granting employees the followi ...More

Swiggy executive Saptarshi Prakash has highlighted the company's policy of granting employees the following Monday off when a mandatory public holiday falls on a weekend. The benefit, which he called one of Swiggy's "most underrated" workplace policies, sparked discussion on LinkedIn about employee benefits, compensatory leave and statutory rights concerning public holidays and weekly days off in India. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

Swiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, i ...More

Swiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, including changes to board appointments and a 49.5% cap on foreign shareholding. The move will allow Instamart to shift to an inventory-led model. Swiggy also announced senior leadership appointments across its food delivery and quick commerce businesses. ...Less

A woman who works remotely has shared the elaborate connectivity setup she used during a six-hour train j ...More

A woman who works remotely has shared the elaborate connectivity setup she used during a six-hour train journey to Mysore while continuing her job. She carried Airtel, Jio and BSNL SIM cards, used a separate phone for internet access and connected it to her laptop. She also discovered that passengers can order food through delivery apps during station stops, sparking reactions online. ...Less

A viral video from Kanpur’s Panki Industrial Area shows a large crowd collecting expired chocolates and t ...More

A viral video from Kanpur’s Panki Industrial Area shows a large crowd collecting expired chocolates and toffees allegedly dumped by a factory. The incident has raised concerns over food safety and the improper disposal of expired food, though authorities have not yet independently confirmed the details. ...Less

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Ga ...More

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief technology officer (CTO). Saurav Goyal has been appointed chief operating officer (COO) of food marketplace Swiggy. ...Less

Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, ...More

Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management and four others to its portfolio. The fund also exited Varun Beverages and India Shelter Finance, while trimming its holdings in MCX and BSE during the month. ...Less

With the launch of its quick commerce initiative in India alongside Swiggy Instamart, MINISO introduces o ...More

With the launch of its quick commerce initiative in India alongside Swiggy Instamart, MINISO introduces over ninety lifestyle items, featuring well-loved franchise merchandise. This partnership enhances Instamart's inventory, providing more than just essential goods. MINISO is focused on reaching a diverse customer base with expedited digital delivery services and has plans to broaden its product selection and geographic reach in the upcoming months. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

Zomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, ...More

Zomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, aims for rapid food delivery access. Zomato Now comes alongside sister company Blinkit’s 10-minute food delivery service Bistro, which operates through its own cloud kitchens. ...Less

Swiggy has introduced Guru, an AI-powered business assistant for its restaurant partners. This platform o ...More

Swiggy has introduced Guru, an AI-powered business assistant for its restaurant partners. This platform offers 24x7 support and data-driven decision-making capabilities. Guru helps manage operations and improve sales through a conversational interface. It analyzes sales funnels and provides actionable performance insights. The assistant supports over 20 vernacular languages for wider accessibility. ...Less

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go publi ...More

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech Morning Dispatch. ...Less

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru t ...More

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars in India’s startup galaxy. This and more in today’s ETtech Morning Dispatch. ...Less

In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other ...More

In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other stocks. Notably, the fund expanded its holdings in V2 Retail and GMR Airports, while reducing exposure in Multi Commodity Exchange of India and Black Box stocks. Additionally, Siemens Energy India joined the portfolio as one of the seven new entries, with the fund maintaining the same exposure in thirty-eight existing companies. ...Less

Shiprocket shares extended their strong listing-day gains with a 6% jump on Thursday. This and more in to ...More

Shiprocket shares extended their strong listing-day gains with a 6% jump on Thursday. This and more in today’s ETtech Top 5. ...Less

Deepinder Goyal revealed his experimental Temple wearable is now significantly smaller. This device track ...More

Deepinder Goyal revealed his experimental Temple wearable is now significantly smaller. This device tracks cerebral blood flow and neurological markers. The company plans to start taking pre-orders for a limited edition soon. Shipments of the Temple wearable are anticipated before the end of 2026. Interested individuals can join the mailing list for future updates. ...Less

Zepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on av ...More

Zepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on average order value (AOV), according to people with knowledge of the matter. That makes it the third large quick commerce player, after Eternal-owned Blinkit and Swiggy’s Instamart, to sacrifice growth in pursuit of an improvement in net profit. ...Less

Regular SIP investing helps investors benefit from compounding, rupee-cost averaging and financial discip ...More

Regular SIP investing helps investors benefit from compounding, rupee-cost averaging and financial discipline. While missing one instalment may have limited impact, repeatedly skipping SIPs can reduce long-term wealth, disrupt investment habits, affect financial goals and potentially interrupt mandates. Investors facing difficulties should consider temporarily reducing or pausing SIPs rather than stopping investments altogether. ...Less

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance r ...More

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance remains sharply divided. A growing listed universe is giving venture investors clearer exit routes and private companies more valuation benchmarks. Public-market discipline is also influencing late-stage funding and forcing companies such as PhonePe and Zepto to rethink IPO valuations. ...Less

Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants ...More

Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants including Eternal, Swiggy and Zepto after inspections exposed disturbing health violations such as cockroach infestations and spoiled produce. Moreover, inspectors uncovered rodent waste and unhygienic storage practices, while delivery personnel wearing street shoes increased contamination risks. ...Less

Maharashtra's food safety chief has taken decisive action by suspending warehouse permits for leading gro ...More

Maharashtra's food safety chief has taken decisive action by suspending warehouse permits for leading grocery companies after inspectors uncovered alarming sanitation issues, including cockroach infestations. This effort specifically addresses challenges within the burgeoning quick commerce sector known for swift grocery deliveries. Notably, several Domino's stores were also shut down for failing to meet hygiene requirements, marking a significant push for improved food safety regulations throughout the state. ...Less

Bengaluru-based investor and IIT Delhi alumnus Ishan Preet Singh has claimed that entering an IIT is math ...More

Bengaluru-based investor and IIT Delhi alumnus Ishan Preet Singh has claimed that entering an IIT is mathematically “20 times harder” than getting into Harvard. In an Instagram vox pop interview, he discussed India’s rapid growth, founders returning from the US, career advice, passion, ambition, financial success and the importance of enjoying the work. ...Less

Goodluck India in July announced its maiden bonus issue in the ratio of 2:1. Under the proposal, eligible ...More

Goodluck India in July announced its maiden bonus issue in the ratio of 2:1. Under the proposal, eligible shareholders will receive two bonus equity shares of face value Rs 2 each for every one equity share held as of the record date, which will be announced separately. ...Less

99 Store has a dedicated section within the Swiggy Food app. While it offers food across categories, the ...More

99 Store has a dedicated section within the Swiggy Food app. While it offers food across categories, the most popular food choices on 99 Store include Bowls and Thalis, South Indian Breakfast, Burgers and American food, Pizzas, Beverages, Chaats and other snacks. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will conve ...More

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will convene in Bengaluru next week to pick the winners. Today, we revealed the most coveted categories of ETSA: Startup of the Year and Midas Touch, for the best investor. ...Less