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

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

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

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

Late-night food delivery in India has doubled over the past year, with a reported surge of 12-15% for ord ...More

Late-night food delivery in India has doubled over the past year, with a reported surge of 12-15% for orders placed between 11 pm and 3 am. This phenomenon mirrors a broader societal shift, as young consumers adapt their schedules to accommodate late-night meals, in contrast to the standard 9 pm dinner time. ...Less

Consumers are embracing global and local flavours, driving innovation in products like fries and premium ...More

Consumers are embracing global and local flavours, driving innovation in products like fries and premium appetisers. McCain is actively addressing perceptions of frozen foods, focusing on education and the positive in-home experience, while also investing in a robust farm-to-fork ecosystem. ...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

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

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

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

When brands go after metrics and impressions, what is forgotten is getting into the minds of customers. ...More

When brands go after metrics and impressions, what is forgotten is getting into the minds of customers. ...Less

Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding ...More

Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, has fully exited its stake. The deal aims for a $3 billion valuation, though some investors are pushing back on pricing. ...Less

The petitions come after the state government did not respond to IAMAI's request to defer the levy of the ...More

The petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until the Centre and the state evolve a mechanism to offset contributions under their respective laws, and notify specific welfare schemes for gig workers. ...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

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

During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting it ...More

During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In the October-March, the fintech company reported revenue of $384 million, down from $395 million in six months ending September 30, 2025. ...Less

Five NSE F&O stocks, including Oracle Financial Services, IndiGo, IRFC, Swiggy and Avenue Supermarts, saw ...More

Five NSE F&O stocks, including Oracle Financial Services, IndiGo, IRFC, Swiggy and Avenue Supermarts, saw sharp open interest build-up on June 24, signaling heightened trader participation and fresh futures positions. ...Less

BigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolutio ...More

BigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolution from scheduled deliveries to embracing quick commerce. Initially skeptical, Menon witnessed rapid consumer adoption of 10-minute grocery services, a shift that reshaped the market. He passes the leadership baton to Amit Nanda, aiming to navigate intensified competition and regain market share through quality and private labels. ...Less

Flipkart's quick commerce arm, Minutes, is rapidly expanding, aiming for 1,500 fulfilment centres in over ...More

Flipkart's quick commerce arm, Minutes, is rapidly expanding, aiming for 1,500 fulfilment centres in over 180 cities soon. This aggressive growth, adding about 100 stores monthly, targets both metros and smaller markets, differentiating from competitors like Blinkit, Zepto, and Instamart. Minutes is leveraging Flipkart's vast customer base to offer a broader assortment beyond groceries, including mobiles and electronics, to capture a larger market share. ...Less

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, ...More

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits. ...Less

Customer engagement platform MoEngage has acquired AI startup Aampe, bolstering its artificial intelligen ...More

Customer engagement platform MoEngage has acquired AI startup Aampe, bolstering its artificial intelligence capabilities. MoEngage cofounder and chief executive Raviteja Dodda said the company is evaluating more inorganic growth opportunities, particularly in markets such as the US and Europe. ...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

Live sports remains a powerful audience magnet, reaching over a billion viewers during the IPL. JioStar i ...More

Live sports remains a powerful audience magnet, reaching over a billion viewers during the IPL. JioStar is using this scale to expand across sports, commerce, and AI-driven fan experiences. The company sees significant growth in regional languages and non-cricket sports like Kabaddi. Future plans include AI-powered, voice-led fan interactions. ...Less

JioStar, Reliance's media arm, has launched JioStar GenAI Media Studio. This platform uses artificial int ...More

JioStar, Reliance's media arm, has launched JioStar GenAI Media Studio. This platform uses artificial intelligence to create premium content for India. The initiative was announced at Reliance Industries' AGM. JioStar leads India's media market with a significant viewership share. The platform aims to produce content across various languages and formats for diverse Indian audiences. ...Less

Bengaluru leads India in pet pampering, with most spending on treats and premium items. Cat food demand i ...More

Bengaluru leads India in pet pampering, with most spending on treats and premium items. Cat food demand is high, making Mumbai the cat capital. Pet owners are shifting to wellness, with grain-free food and supplements growing. Bird and rabbit food orders also show significant increases, indicating a broader range of pets in Indian homes. ...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

IPL 2026 set a new viewership record, reaching over 1.2 billion people across TV and digital platforms. T ...More

IPL 2026 set a new viewership record, reaching over 1.2 billion people across TV and digital platforms. The tournament recorded 870 billion minutes of watch-time. The final match was the most watched ever. Connected TV saw significant growth. Regional language content on digital platforms also saw increased consumption. This season marked a new integrated sports platform approach. ...Less

The 2026 Indian Premier League set a new viewership record. Over 1.2 billion people watched the tournamen ...More

The 2026 Indian Premier League set a new viewership record. Over 1.2 billion people watched the tournament across television and digital platforms. This marks a significant increase from the previous year. The season finale also drew record numbers. Digital consumption, especially on Connected TV, saw substantial growth. Regional language content also gained popularity. ...Less

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...More

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...Less

Amazon is reshaping India's quick-commerce sector through significant investments in foundational infrast ...More

Amazon is reshaping India's quick-commerce sector through significant investments in foundational infrastructure rather than merely focusing on rapid delivery. By developing an intricate network of collection points, processing plants, and micro-fulfillment centers, and partnering with over 16,000 farmers, the company aims to enhance the supply chain. This includes advanced cold-chain solutions and AI-enhanced forecasting, ensuring that fresh produce efficiently reaches consumers, ultimately redefining the grocery competition. ...Less

JioStar CEO Kevin Vaz outlined the company's vision as a technology-driven entertainment firm, emphasizin ...More

JioStar CEO Kevin Vaz outlined the company's vision as a technology-driven entertainment firm, emphasizing AI, personalization, and interactive experiences. Storytelling remains central, but technology will shape content distribution and audience engagement. Vaz also highlighted the evolving definition of scale and the rise of commerce-enabled entertainment. ...Less

India's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI st ...More

India's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This investment fuels Sarvam's mission to develop sovereign AI solutions and large language models tailored for India's diverse languages and needs. ...Less

DoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restau ...More

DoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restaurant reservations using simple prompts and photos. The feature marks a shift toward conversational commerce, where AI understands user intent and handles tasks directly. From turning recipe photos into shopping carts to helping users discover meals through natural conversations, the new feature offers a glimpse into how AI is reshaping everyday consumer experiences. ...Less

App-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig wo ...More

App-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by June 21. This directive aims to provide social security benefits, including health insurance and pensions, to millions of workers. The government is creating a comprehensive database to formalize this segment of the economy. ...Less

Happy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts ...More

Happy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech Morning Dispatch. ...Less

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtec ...More

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5. ...Less

Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for a ...More

Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the digital payments giant. ...Less

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at t ...More

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive. ...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

Quick commerce firm Zepto reported a 75% revenue surge to Rs 7,498 crore in Q4 FY26, while narrowing its ...More

Quick commerce firm Zepto reported a 75% revenue surge to Rs 7,498 crore in Q4 FY26, while narrowing its loss to Rs 1,539 crore. The company filed for a $1 billion IPO, aiming to test public market appetite for standalone quick commerce players. Zepto's performance is being closely watched against rivals Blinkit and Swiggy Instamart. ...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

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

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

Quick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed f ...More

Quick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics. Eyeing a July debut, Zepto's IPO is set to be a significant event, with the company planning to use proceeds for dark store expansion and technology investment. ...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

In one recent case, a large investment sat comfortably under equity until the auditor read the shareholde ...More

In one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback clause, and delivered an adverse opinion – the harshest verdict in an auditor's vocabulary. In another, a company made no provision for a guarantee even after the lender sent a demand notice and dragged it into recovery proceedings. These are examples of managements hiding what they owe and making balance sheets look strong. ...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

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

Happy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offerin ...More

Happy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech Morning Dispatch. ...Less

Founded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow t ...More

Founded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow touts itself as a quick commerce platform built for middle class households in Tier-2 and Tier-3 cities. So far, the company has raised Rs 80 crore. ...Less

Quick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summone ...More

Quick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (ED) in April 2026 concerning FEMA. The founders provided requested documents related to foreign investments and business operations. Zepto is proceeding with its $1 billion IPO, aiming for a July listing. ...Less

For investors seeking the next opportunity, a closer examination of BSE largecap stocks reveals several p ...More

For investors seeking the next opportunity, a closer examination of BSE largecap stocks reveals several promising names. ...Less

IPL 2026 fueled a massive surge in food delivery and restaurant bookings across India. Swiggy reported si ...More

IPL 2026 fueled a massive surge in food delivery and restaurant bookings across India. Swiggy reported significant jumps in orders and reservations, with major cities like Bengaluru and Mumbai leading the charge. Popular dishes included biryani and desserts, while large group dining saw substantial spending, proving cricket's strong link to culinary consumption. ...Less

Indian equities ended sharply lower as weak global cues and geopolitical tensions triggered broad-based s ...More

Indian equities ended sharply lower as weak global cues and geopolitical tensions triggered broad-based selling. Nifty slipped 1.04% to 23,123, with analysts advising caution and a sell-on-rise strategy. Market breadth remained weak, while select stocks attracted buying interest and several counters hit fresh 52-week highs. ...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

JioHotstar is launching Dhurandhar The Revenge on June 4. Fifty brands, including eleven major sponsors, ...More

JioHotstar is launching Dhurandhar The Revenge on June 4. Fifty brands, including eleven major sponsors, have partnered for the digital premiere. This reflects increasing advertiser interest in major OTT film releases. The film will stream in multiple languages. JioHotstar anticipates a large audience for this high-engagement entertainment property. ...Less

Leading ecommerce players, including Eternal, Meesho, Amazon, Swiggy, and Zepto, have launched the Digita ...More

Leading ecommerce players, including Eternal, Meesho, Amazon, Swiggy, and Zepto, have launched the Digital Commerce Coalition. This industry-led platform aims to enhance customer experiences, support small businesses and delivery partners, and foster economic development through collective action. The coalition will also serve as a forum for responsible and future-ready growth. ...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

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

Swiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as ...More

Swiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become an Indian Owned and Controlled Company (IOCC). It failed to secure the required 75% supermajority from shareholders, falling short by a slim margin at the meeting on May 21. Becoming an IOCC will allow Swiggy to operate its quick commerce business on an inventory model. Currently, in accordance with the foreign investment rules, it runs as a marketplace of sellers. ...Less

A Pune family of three revealed their monthly expenses total ₹2.2 lakh, sparking debate on living costs. ...More

A Pune family of three revealed their monthly expenses total ₹2.2 lakh, sparking debate on living costs. Despite owning an EV and cooking at home, rent, daycare, and a home loan EMI contribute significantly to their budget. The woman clarified that the EMI is for an under-construction property, and daycare costs reflect local rates. ...Less

In an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry ...More

In an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, among other things. This and more in today’s ETtech Top 5. ...Less

Snapchat has significantly expanded its advertiser base in India tenfold over the past two years, with a ...More

Snapchat has significantly expanded its advertiser base in India tenfold over the past two years, with a threefold increase in recurring advertisers. This growth highlights India's crucial role in Snap's global strategy, as the platform aims to monetise its largest user market. ...Less

Indian equity markets have remained under pressure in CY26 amid global uncertainties, persistent FII sell ...More

Indian equity markets have remained under pressure in CY26 amid global uncertainties, persistent FII selling and other macroeconomic challenges. The BSE Sensex has fallen about 12.5% so far this year, while several large-cap stocks have witnessed sharp corrections. Fifteen large-cap names have declined between 25% and 40%, highlighting the breadth of the ongoing market weakness. ...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

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...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

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

Happy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-ow ...More

Happy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in today's ETtech Morning Dispatch. ...Less

On paper this is a friction-material company. In practice, the larger force inside the company is an inve ...More

On paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction business is EV-resistant, which is rare and valuable. But customer concentration, a zeroed-out JV, related-party activities, and a new untested commodities trading bet complicate the picture. This is a story of two companies sharing one ticker. ...Less

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech ...More

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5. ...Less

Clean-label food brand Anveshan has secured Rs 150 crore in a significant funding round. The investment, ...More

Clean-label food brand Anveshan has secured Rs 150 crore in a significant funding round. The investment, led by Vertex Ventures, will fuel expansion into new manufacturing units and product categories. Anveshan aims to make high-quality clean food products accessible to a wider consumer base across India. ...Less

In an exchange filing, the company said the proposed amendments were designed to create a governance stru ...More

In an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without an identifiable promoter group, while ensuring continuity in management oversight and execution accountability. ...Less

Despite rising costs, restaurants and bars saw a surge in business during the IPL final. Bengaluru outlet ...More

Despite rising costs, restaurants and bars saw a surge in business during the IPL final. Bengaluru outlets reported full bookings, with some charging cover fees. Delhi-NCR eateries offered discounts up to 50% on food and drinks. Online platforms also saw increased sales of snacks and beverages as people opted to watch the match at home. ...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

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

Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus o ...More

Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could expand to $400 million. ...Less

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recove ...More

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto reported higher sales. Ather Energy and Hero MotoCorp also saw an increase. Ola Electric is working to regain market share and plans to enter the commercial segment. ...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

Nifty Mid-Cap 100 stocks are showing strong upside potential, with analyst consensus estimates suggesting ...More

Nifty Mid-Cap 100 stocks are showing strong upside potential, with analyst consensus estimates suggesting 25% to 45% gains over the next 12 months. Based on Trendlyne data, several mid-cap companies across sectors such as e-commerce, real estate, FMCG and infrastructure are attracting Buy and Strong Buy ratings, indicating broad-based market optimism. ...Less

Cloud kitchen success story: A teacher from Varanasi transformed her Rs 9,000-a-month tuition income into ...More

Cloud kitchen success story: A teacher from Varanasi transformed her Rs 9,000-a-month tuition income into a thriving cloud kitchen business that now generates more than Rs 1.25 lakh in monthly revenue. Her journey, driven by a focus on food quality and gradual expansion, highlights how a scalable business model can improve financial stability and create greater earning potential than traditional hourly work. ...Less

The Nifty Midcap 100 index reached a record high for the fourth consecutive session, driven by strong cor ...More

The Nifty Midcap 100 index reached a record high for the fourth consecutive session, driven by strong corporate earnings and promising growth outlooks. Analysts anticipate this momentum to continue, with potential for 20% gains in the medium term, as midcap and smallcap stocks attract significant investor interest. ...Less

Swiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders ...More

Swiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its articles of association. This governance reset was crucial for its Instamart unit to gain inventory flexibility and improve margins, a strategy that benefited rival Eternal. ...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

Rising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like ...More

Rising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others like alco-bev and retail show divergence based on cost structures and input reliance. Platform businesses are relatively insulated but face risks from restaurant partner struggles and ad revenue. ...Less

Companies such as Nestle, WeWork India, Swiggy and DriveU are adopting pet-inclusive practices, as organi ...More

Companies such as Nestle, WeWork India, Swiggy and DriveU are adopting pet-inclusive practices, as organisations look for new ways to reduce employee stress, improve morale and strengthen workplace connections. The idea is increasingly being framed not as a perk, but as part of a broader rethinking of employee experience. ...Less

India is very convenient: A Welsh travel creator has gone viral after documenting her experience using Bl ...More

India is very convenient: A Welsh travel creator has gone viral after documenting her experience using Blinkit during her India trip to order a last-minute Holi outfit. Shocked by how quickly the clothes arrived, she joked that the UK “could never” match the convenience. ...Less

In an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Asso ...More

In an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent votes of shareholders, falling short of the required threshold by 2.65 per cent. ...Less

Despite resilience in the broader market and fresh highs in the Nifty Midcap 150, several midcap stocks r ...More

Despite resilience in the broader market and fresh highs in the Nifty Midcap 150, several midcap stocks remain sharply corrected, trading 40–50% below peak levels amid uneven market recovery. ...Less

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with ...More

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operating metrics. However, food delivery, quick commerce, ecommerce, beauty, eyewear, furniture and logistics firms are preparing for higher costs in the upcoming quarters even as consumer sentiment remains uneven. ...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

Zepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targe ...More

Zepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce firm plans to use proceeds for expansion as India’s IPO market seeks renewed momentum amid slowing deal activity and global economic concerns. ...Less

Imported cans of Diet Coke, Coke Zero, 7 Up Zero Sugar and other soft drinks are being sold on quick comm ...More

Imported cans of Diet Coke, Coke Zero, 7 Up Zero Sugar and other soft drinks are being sold on quick commerce platforms at nearly five times the price of locally made versions amid a shortage of aluminium cans in India. Platforms like Blinkit and Zepto are listing imported cans for around Rs 199-Rs 205 compared with Rs 39-Rs 40 for Indian variants. ...Less

Siddharth Vora, Head of Quantitative Investment Strategies at PL Asset Management, is confident in his fu ...More

Siddharth Vora, Head of Quantitative Investment Strategies at PL Asset Management, is confident in his fund's metals-heavy portfolio. He sees a potential shift in market trends as key macro indicators like crude oil and bond yields may have peaked. This could lead to a rotation into consumer-facing and energy-intensive businesses. ...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

Fuel price hikes may impact food delivery and quick commerce firms Eternal and Swiggy. Elara Capital repo ...More

Fuel price hikes may impact food delivery and quick commerce firms Eternal and Swiggy. Elara Capital reports a manageable near-term cost pressure. Gig workers might seek higher payouts. The impact on earnings is expected to stay under control. Companies may share the burden through customer charges, absorption, and delivery partner economics. ...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

India's embrace of high-protein diets is transforming grocery habits, with quick commerce platforms seein ...More

India's embrace of high-protein diets is transforming grocery habits, with quick commerce platforms seeing a 150% surge in protein-related orders over two years. This trend is rapidly expanding beyond metros, with smaller cities showing over 200% faster growth in protein consumption, indicating a shift towards 'better-for-you' eating. ...Less

Aditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising secto ...More

Aditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst global uncertainty. While cautious on EMS due to valuations, he sees potential in quick commerce players demonstrating disciplined execution and profitability, favoring Blinkit currently. ...Less