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ETtech Explainer: Can premium beauty, quick commerce drive Nykaa's next phase of growth?In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-...- Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than ...
- Construction qcomm outfit HomeRun raises $12 million from Nexus Venture Partners, othersHomeRun, the Bengaluru-based startup that specializes in quick delivery of construction and renovation materials, has successfully raised t...
- D2C brand Typsy Beauty raises Rs 20 crore led by Saama CapitalTypsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across quick commerce and offline retail...
- Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCsHappy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning ...
- To IPO, or to IPOstpone? : What Zepto’s IPO pullback tells a bigger story about business and timing.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the spe...
- Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore a year prior. Including other inc...
- AI startup Kily secures Rs 30 crore from Sorin Investments, Razorpay, WyserThe AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengthen its go-to market initiatives, ...
- Quick commerce braces for Rakshabandhan rush as capacity strains emergeThe surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces such as Amazon and Flipkart. Brands...
- Flipkart may launch food delivery mid-August, mulls commissions of up to 11%: SourcesFlipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering restaurant commissions of up to elev...
- Quick commerce race cuts product launch cycles to weeksCompanies are shrinking product innovation cycles to three months or less. Quick commerce platforms now drive seventy-five percent of total...
- Zomato Hyperpure leases 3.5 lakh sq ft warehouse in ChennaiZomato's Hyperpure secured over 3.5 lakh sq ft of warehousing space in Chennai. This long-term lease spans nine years and involves two phas...
- Zepto IPO likely deferred over pricing standoff with mutual funds: sourcesZepto IPO delay: People aware of the discussions told ET that the company has received a formal price indication from large institutional i...
- On a war footing, India Inc to ramp up festive hiring; temporary recruitment expected to rise 8-25% from last yearCompanies are gearing up for a stronger festive hiring season this year. Temporary recruitment is expected to exceed last year's levels sig...
- Instamart operating-level breakeven hinges on order volumes expanding 2.5xFor the first quarter of FY27, Instamart broke even at the contribution margin level, in line with the guidance the company had provided fi...
- Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
- Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
- Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, FiresideFixxly plans to use the capital to build its technology platform, hire employees, and expand operations. It will begin operations in Bengal...
- Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats upMyntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who r...
- Jantar Mantar now a delivery address: From biscuits to bandages, Swiggy, Zomato, Blinkit, Zepto rush orders to protest siteFood delivery platforms now list Jantar Mantar as a protest site address. Order values and frequency have surged significantly day-on-day s...
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