Walmart's Flipkart and Amazon are accelerating their quick commerce expansion in India, targeting smaller ...More

Walmart's Flipkart and Amazon are accelerating their quick commerce expansion in India, targeting smaller cities to compete with domestic players. This rapid delivery sector, promising goods within minutes, is reshaping shopping habits. While Blinkit and Swiggy lead in store count, Flipkart and Amazon are significantly increasing their reach, with Flipkart focusing on value-conscious customers in smaller towns and Amazon broadening its ultra-fast delivery to 300 cities. ...Less

Flipkart's GOAT Sale, starting July 4, offers substantial discounts on the iPhone 17 series, with savings ...More

Flipkart's GOAT Sale, starting July 4, offers substantial discounts on the iPhone 17 series, with savings up to Rs 22,000 on Pro models. This makes the current iPhones an attractive buy, especially for those upgrading. However, potential buyers seeking the absolute latest features and next-gen AI capabilities might consider waiting for the iPhone 18, which is expected to launch at a higher price point. ...Less

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the hea ...More

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swiggy Instamart are largely refusing to dive into the price war as they prioritise profitability, industry executives said. ...Less

Ecommerce giants Amazon and Flipkart are aggressively expanding their quick commerce operations, aiming t ...More

Ecommerce giants Amazon and Flipkart are aggressively expanding their quick commerce operations, aiming to capture market share from established players like Blinkit, Instamart, and Zepto. Flipkart Minutes is rapidly growing its fulfilment centres, focusing on tier 2 and 3 cities, while Amazon Now plans to extend its dark store network to 300 cities. ...Less

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifyin ...More

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The $11 billion segment is heating up further as Zepto prepares a $1 billion IPO to strengthen its expansion plans. ...Less

According to an official statement, the meeting focused on expanding market access for farmers and micro, ...More

According to an official statement, the meeting focused on expanding market access for farmers and micro, small and medium enterprises (MSMEs) through technology-driven initiatives. ...Less

Quick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kum ...More

Quick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reasons. Both executives, formerly of Flipkart, played crucial roles in the quick commerce business. This comes as Swiggy, Instamart's parent company, faces intense competition in the rapidly growing quick commerce sector, with other players aggressively expanding their reach. ...Less

Happy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to se ...More

Happy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and more in today’s ETtech Morning Dispatch. ...Less

India's beauty and personal care market is set for a significant surge, projected to hit $39 billion by 2 ...More

India's beauty and personal care market is set for a significant surge, projected to hit $39 billion by 2030. Flipkart's report reveals a shift from luxury to daily essential, with Gen Z driving growth and demand expanding beyond metros. Hyperlocal needs are shaping product preferences, indicating a democratized and evolving beauty landscape across the nation. ...Less

In a significant leadership shift, Hindustan Unilever Ltd (HUL) has appointed Koteshwar L.N. as CEO of Oz ...More

In a significant leadership shift, Hindustan Unilever Ltd (HUL) has appointed Koteshwar L.N. as CEO of Oziva, its wellness nutrition brand. Koteshwar, with extensive experience from Marico, Flipkart, and Coca-Cola, will steer the wellness division amidst a surge in market interest. Additionally, his role extends to overseeing HUL's wellness portfolio, notably after acquiring a controlling stake in Liquid I.V.'s parent company, Zywie. ...Less

Happy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn Ind ...More

Happy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a payments and AI powerhouse. This and more in today’s ETtech Morning Dispatch. ...Less

Gurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of I ...More

Gurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until the December 2025 listing of Meesho. Barua said that the company was increasingly witnessing vertical ecommerce players and direct-to-consumer (D2C) brands taking away market share from horizontals like Amazon, Flipkart and Meesho. ...Less

Delhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments whil ...More

Delhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expand margins. Four years after its listing and a year after acquiring Ecom Express, Barua says India’s logistics sector is headed for consolidation, arguing that the market can support only a handful of large players. ...Less

The visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that ...More

The visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute delivery service, Amazon Now, to 300 cities. Currently, Amazon Now has about 500 dark stores across 15 metro and non-metro cities, including Bengaluru, Delhi-NCR, Mumbai, Pune, Hyderabad, Amritsar, and Kochi. ...Less

The BRICS Chamber of Commerce and Industry has successfully appointed Sharmishtha Ghosh as the new Execut ...More

The BRICS Chamber of Commerce and Industry has successfully appointed Sharmishtha Ghosh as the new Executive Director for International Partnerships and Outreach. This position is pivotal as BRICS prepares to welcome 11 nations and India takes the helm in 2026. Ghosh's vision will center around amplifying trade and investment flows, while her profound expertise in global business strategy will guide efforts to enhance market access and international dialogue among enterprises. ...Less

Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global si ...More

Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several prominent companies like Bajaj Auto, ZEEL, BPCL, HDFC Bank, and HUL are in focus today due to significant corporate developments. These include share buybacks, foreign investments, leadership appointments, and strategic acquisitions, signaling active corporate maneuvering amidst market fluctuations. ...Less

Delhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in to ...More

Delhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5. ...Less

Happy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today ...More

Happy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch. ...Less

Gautam Adani revealed ambitious expansion plans, including a 10 GW nuclear power venture by 2035 under Ad ...More

Gautam Adani revealed ambitious expansion plans, including a 10 GW nuclear power venture by 2035 under Adani Atomic Energy. The conglomerate also boosted its thermal power target to 45 GW by FY32 and data centre capacity to 3 GW by 2030. These moves signal a significant push into energy, AI-driven computing, and defence, alongside new partnerships in aircraft manufacturing and hydropower. ...Less

Zepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong o ...More

Zepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong order volumes, Zepto's aggressive low-price strategy has led to significant operating losses, though per-order losses are narrowing. Investors will closely watch its ability to improve monetisation and profitability while maintaining growth. ...Less

MSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in ...More

MSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments. ...Less

Addressing a critical gap for safe, science-backed developmental toys in India, LiLLBUD prioritizes BIS c ...More

Addressing a critical gap for safe, science-backed developmental toys in India, LiLLBUD prioritizes BIS certification to combat the prevalence of uncertified, potentially harmful products. ...Less

Amazon Now is launching 100 large fulfillment centers across major Indian cities, significantly expanding ...More

Amazon Now is launching 100 large fulfillment centers across major Indian cities, significantly expanding its product assortment beyond daily essentials to include electronics and other everyday items. This strategic move aims to deliver products in 10-20 minutes, bolstering its presence in the rapidly growing quick commerce sector ahead of its Prime Day event. ...Less

Amazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for In ...More

Amazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETtech Top 5. ...Less

Two prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh ...More

Two prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh each by the Central Consumer Protection Authority. The penalty stems from misleading '100%' claims on their product packaging, falsely representing product composition. Both firms are now mandated to immediately remove these deceptive claims from all platforms, including websites and digital media, following action under consumer protection laws. ...Less

Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to lar ...More

Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a young population and underpenetrated markets, beverages, hair care, and personal care sectors are showing robust growth. Companies, such as GCPL, VBL, Dabur India and Marico are prioritizing local manufacturing and distribution, viewing Africa as a crucial long-term growth engine despite currency volatility and retail fragmentation. ...Less

Amazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the countr ...More

Amazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech Top 5. ...Less

International brokerage Citi initiated coverage on Meesho with a 'Buy' rating, setting a target price of ...More

International brokerage Citi initiated coverage on Meesho with a 'Buy' rating, setting a target price of Rs 210 and anticipating a 23% upside. The firm is optimistic about Meesho's growth in India's e-commerce sector, citing its strong presence beyond major cities and a robust seller network. The company reported significantly reduced losses in Q4FY26, with revenue surging 47% year-on-year, signaling positive momentum. ...Less

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more ...More

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch. ...Less

Andhra Pradesh has secured the top position in India for utilizing PM SHRI scheme funds. The state plans ...More

Andhra Pradesh has secured the top position in India for utilizing PM SHRI scheme funds. The state plans to build 844 smart kitchens this year. Efforts are underway to distribute student kits before the Mega Parent-Teacher Meeting. Bunk beds will be installed for girl students in Kasturba Gandhi Balika Vidyalayas. ...Less

IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last ...More

IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fell to 32.7% from 36.1% in May 2025. ...Less

Oppo's Find X9 Ultra arrives as a photography powerhouse, boasting a Hasselblad-tuned camera system with ...More

Oppo's Find X9 Ultra arrives as a photography powerhouse, boasting a Hasselblad-tuned camera system with dual 200MP sensors and a 10x periscope zoom. This flagship, priced at Rs 1,69,999, also impresses with a stunning display, robust performance, and exceptional battery life. ...Less

India's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, ...More

India's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe lack of purpose-built concert venues. Promoters are forced to build temporary arenas, inflating costs and limiting profitability. This infrastructure gap hinders India's potential to become a sustainable entertainment economy, despite strong fan demand and international artist interest. Addressing this bottleneck is crucial for future growth. ...Less

Indian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. ...More

Indian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, skill gaps, and a need for business model shifts pose challenges. Experts emphasise domain-specific AI applications and developing indigenous language models as India's key opportunity. ...Less

A significant surge of over 56,000 Indian tech professionals from major global companies are now actively ...More

A significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold increase in the past month. This influx of talent follows widespread global tech layoffs, intensifying competition in India's job market. ...Less

Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on to ...More

Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already committed, India head Samir Kumar said. The company is ramping up investments in e-commerce, AI, exports and quick commerce through Amazon Now, while targeting 100 cities and 1,000 micro-fulfilment centres. ...Less

Arunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an ...More

Arunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamboo resources into valuable products. It will create jobs for local youth and artisans. The centre will foster innovation and skill development. ...Less

An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fa ...More

An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, Pantaloons and Bata-showed that the contribution of e-commerce to overall revenue has seen minuscule improvement since 2021-22 even as online sales continue to increase in absolute terms. By contrast, the Covid-19 pandemic spurred explosive growth, with the share of digital sales in total revenue surging three to four times in 2020-21 and 2021-22. ...Less

Cloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual ...More

Cloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore valuation. The company, facing market headwinds for loss-making new-age firms, aims to relist next year if market conditions improve. This follows similar deferrals by PhonePe and Flipkart. ...Less

Realme has launched the P4R 5G in India, featuring a massive 8,000mAh battery and a MediaTek Dimensity 63 ...More

Realme has launched the P4R 5G in India, featuring a massive 8,000mAh battery and a MediaTek Dimensity 6300 processor. The device boasts a 50MP AI camera, a 6.8-inch 144Hz display, and 45W fast charging, aiming for extended battery life and gaming performance. It also includes advanced cooling and AI features. ...Less

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with In ...More

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval. ...Less

Lenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top ...More

Lenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5. ...Less

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and ...More

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and forced add-ons affect millions of buyers each month. Despite awareness, many consumers are still misled. Platforms are now being assessed for these practices. ...Less

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s alread ...More

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers. ...Less

India's younger consumers are embracing cold coffee as an everyday drink. Brands like Nestle, HUL, and Ta ...More

India's younger consumers are embracing cold coffee as an everyday drink. Brands like Nestle, HUL, and Tata Starbucks are expanding their offerings. Direct-to-consumer brands are also seeing significant growth. This trend is fueled by Gen Z preferences and the convenience of quick commerce. Cold coffee is moving beyond a summer indulgence to a year-round favorite. ...Less

For the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared wi ...More

For the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order value of Rs 7,591 crore and Instamart’s Rs 5,674 crore, according to data compiled by ET from the DRHP. ...Less

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the R ...More

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition. ...Less

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, po ...More

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Growth Fund. This funding aims to expand its lending business in Southeast Asia, following strong performance in India. The move comes after a period of regulatory scrutiny and a shift from IPO plans to private capital. ...Less

Happy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This an ...More

Happy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning Dispatch. ...Less

Smartphone makers are rethinking priorities due to rising component costs. Realme is stepping back from f ...More

Smartphone makers are rethinking priorities due to rising component costs. Realme is stepping back from flagship devices to focus on user needs. The new realme P4R 5G emphasizes a massive 8000mAh battery for extended usage. It also offers dependable gaming performance and useful AI features. This strategy aims to deliver value through endurance and long-term reliability for Indian consumers. ...Less

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s qu ...More

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more in today’s ETtech Morning Dispatch. ...Less

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enf ...More

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no objection, allowing the e-commerce platform to settle alleged FEMA contraventions involving over Rs 45 crore with a one-time payment of Rs 2.88 lakh. This move aligns with the government's 'ease of doing business' initiative. ...Less

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over ...More

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational approach in the country. ...Less

HMD has launched the Vibe 2 5G in India, targeting budget-conscious buyers and first-time 5G users. This ...More

HMD has launched the Vibe 2 5G in India, targeting budget-conscious buyers and first-time 5G users. This new smartphone boasts a large 6,000mAh battery, a 120Hz display, and Android 16 with AI features, starting at ₹10,999. It aims to compete with established players in the entry-level 5G market. ...Less

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market l ...More

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick commerce growth. The ecommerce giant plans to launch in over 100 cities with 1,000 dark stores, emphasising customer experience, wide selection, and speed to compete with rivals like Blinkit and Zepto. ...Less

South Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond tradit ...More

South Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semiconductors and robotics. The firm, which backs founders at the earliest stages, sees growing global investor appetite for hardtech due to policy support and maturing startups. SPC aims for at least half of its investments to be in deeptech. ...Less

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He ha ...More

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales. ...Less

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtec ...More

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5. ...Less

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round le ...More

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, valuing the company at $255 million. The capital will fuel expansion into new cities, enhance supply chain and technology, and broaden product categories. ...Less

Oyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its ...More

Oyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The company plans to raise ₹6,650 crore through this IPO. Oyo is expected to file its updated draft red herring prospectus in the coming weeks. This marks the company's third attempt to go public. ...Less

Hospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise R ...More

Hospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans to file an updated draft prospectus within two months, marking its third attempt to go public. This comes as other new-age companies reassess their IPO plans due to market volatility. ...Less

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top ...More

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5. ...Less

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and m ...More

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Dispatch. ...Less

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs ...More

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity. ...Less

The quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapp ...More

The quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapples with daunting challenges. Companies are tasked with controlling soaring costs while navigating the complexities of labor and environmental issues. To thrive, they must pivot customer behaviors from merely seeking bargains to embracing spontaneous purchases. ...Less

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when aut ...More

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes to close FY26 on a strong note. ...Less

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discou ...More

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenient EMI options that help travellers save more while enjoying seamless journeys. For example, BOBCARD users can get up to RS 8000 instant discount on domestic and international flights; claim up to 15% instant discount on flight and hotel bookings on MakeMyTrip. ...Less

Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor cauti ...More

Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition. ...Less

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term ...More

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status. ...Less

Quick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant po ...More

Quick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FMCG companies. This shift captures impulse buys and premium product sales. However, operational costs and competition pose challenges. Brands must diversify their digital strategies beyond just ten-minute deliveries for long-term growth. ...Less

Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. Thi ...More

Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morning Dispatch. ...Less

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, dri ...More

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated the funding landscape, accounting for the majority of the capital deployed. ...Less

Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkar ...More

Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive delivery speed and discount strategies. Swiggy's CEO believes this approach will retain loyal customers. This decision comes amid intense competition in India's fast-growing quick commerce sector. Investors are seeking a clear path to profitability for Swiggy's Instamart unit. ...Less

Autofurnish is poised for its stock market debut on Friday, with initial grey market signals suggesting a ...More

Autofurnish is poised for its stock market debut on Friday, with initial grey market signals suggesting a neutral investor sentiment. The automotive accessories manufacturer's IPO, which opened for subscription in late May, saw its shares priced at Rs 41. Proceeds from the Rs 14.6 crore issue are earmarked for working capital and general corporate needs. ...Less

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not dis ...More

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics. ...Less

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery serv ...More

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformative element of their operations in India. This rapid-response system not only exemplifies Flipkart's innovative spirit but also aligns with Walmart's broader strategy of strengthening its international investments. ...Less

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. ...More

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech Top 5. ...Less

A Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decis ...More

A Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decision impacts how companies advertise online. Established brands are set to benefit. Smaller companies may face challenges in gaining visibility. The ruling could reshape digital advertising strategies across various sectors in India. ...Less

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Eme ...More

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collections. Expect deals on apparel, footwear, accessories, and beauty. VIP access offers extra discounts. Hyper-speed delivery is available in select cities. Social commerce will drive discovery and styling inspiration. ...Less

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boost ...More

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profitability and its quick commerce offering, Flipkart Minutes, is scaling faster deliveries. This quick commerce push aligns with Walmart's global strategy to enhance ecommerce economics. ...Less

Sources said the company received approval for the new vehicle in early February and is expected to launc ...More

Sources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters. ...Less

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission o ...More

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related to Amazon's 2019 investment in Future Coupons. The CCI had alleged that Amazon suppressed information during the approval process. This development follows a mutual settlement between Amazon and Future Group, leading to the withdrawal of all legal proceedings. ...Less

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Product ...More

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted for 60-75% of their total online sales in FY26, rising sharply from less than half a year earlier. ...Less

Amazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. Thes ...More

Amazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. These devices, powered by AZ3 silicon and Omnisense sensing, aim for proactive smart home integration. ...Less

Happy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fe ...More

Happy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s ETtech Morning Dispatch. ...Less

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. T ...More

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO). ...Less

People confined to indoors are increasingly turning to online platforms for purchases spanning daily esse ...More

People confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and consumer electronics. While this also means a heavier workload for delivery executives, the platforms said they are taking measures to help them cope with the weather. ...Less

NIA investigation into the Red Fort car blast uncovers a disturbing use of artificial intelligence for te ...More

NIA investigation into the Red Fort car blast uncovers a disturbing use of artificial intelligence for terror engineering. Accused individuals allegedly developed and tested rocket Improvised Explosive Devices in Jammu and Kashmir. The probe details a meticulous approach to IED fabrication. This case highlights the evolving methods of terrorist groups. ...Less

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 millio ...More

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 million round. ...Less

Shiprocket introduces Appointment-Based Delivery for small businesses. Sellers are seeing reduced logisti ...More

Shiprocket introduces Appointment-Based Delivery for small businesses. Sellers are seeing reduced logistics costs and improved planning. This advancement makes enterprise-level logistics accessible to all sellers on Shiprocket. ...Less

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowde ...More

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issues. This decision follows similar postponements by other major tech firms, as Flipkart focuses on aggressive investment in its quick commerce arm, Flipkart Minutes, to drive growth amidst stagnating e-commerce expansion. ...Less

The Supreme Court has ruled against Flipkart India regarding its 'MarQ' electronics brand. The court foun ...More

The Supreme Court has ruled against Flipkart India regarding its 'MarQ' electronics brand. The court found the name too similar to Marc Enterprises' 'Marc' trademark. Flipkart must now stop using the 'MarQ' name and sell off existing stock within eight weeks. This decision follows a Delhi High Court order. Marc Enterprises has used its 'Marc' brand since 1981. ...Less

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-p ...More

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite projected ecommerce growth. He believes third-party players will gain market share from first-party operators like Amazon and Flipkart due to cost efficiencies. ...Less

The case stems from an FIR registered by the Subramanyapura police in Bengaluru on February 4 based on a ...More

The case stems from an FIR registered by the Subramanyapura police in Bengaluru on February 4 based on a complaint filed by Bhavana Belagere on behalf of publisher Bhavana Prakashana under provisions of the Copyright Act, 1957. ...Less

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Sca ...More

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expand its product portfolio across its financial services and travel segments. With this new infusion the total funding raised by the startup has gone up to $135 million. ...Less

Autofurnish's SME IPO opens for subscription on Thursday. Grey market activity shows flat sentiment with ...More

Autofurnish's SME IPO opens for subscription on Thursday. Grey market activity shows flat sentiment with no premium expected. The company aims to raise Rs 14.6 crore through a fresh issue of shares. Autofurnish manufactures and trades automotive accessories for business-to-business and business-to-consumer segments. IPO proceeds will fund working capital and general corporate needs. SME IPO activity remains active. ...Less

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...More

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...Less

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies ...More

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are seeking substantial funding. This rush signals a focus on convenience driving profitability. VCs are backing these ventures, aiming to capture the next big player in various niche markets. The trend shows a strong belief in the rapid delivery model. ...Less

The platforms informed the regulator that listings of "Cyclosinone Herbicide" had been removed with immed ...More

The platforms informed the regulator that listings of "Cyclosinone Herbicide" had been removed with immediate effect and that seller accounts associated with such listings had been placed under scrutiny, the regulator said in a statement on Saturday. ...Less