Udaan has shifted to a cluster-led operating model with greater accountability for performance at the cit ...More

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said. ...Less

“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and bran ...More

“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and brands can grow with. Noice is key to this ambition, giving India's food entrepreneurs the platform, standards, and capital to scale,” said Instamart CEO Nandita Sinha. ...Less

SBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swig ...More

SBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swiggy from 4.7% to 5.1%. ...Less

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he ...More

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he said. While platforms often mention a product's shelf life, consumers may not know the actual expiry date or batch number of products before placing an order. The government has been examining complaints accusing quick commerce platforms such as Blinkit, Zepto and Swiggy Instamart of failing to display product information, including expiry, best-before and use-by dates. ...Less

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IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. T ...More

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students. ...Less

The income tax department in India has identified significant tax evasion by thousands of restaurants. Ap ...More

The income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants showed discrepancies between their earnings and income tax filings over four years. The government aims to improve tax compliance through new measures and data analytics. Authorities previously estimated substantial under-reported income linked to missing sales records. The initiative intends to ensure fair taxation within the restaurant sector moving forward. ...Less

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influ ...More

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influencer Veeramani after followers began sending unwanted cash-on-delivery orders to his home. Deliveries reportedly included expensive electronics and food, prompting him to post an emotional appeal asking people to stop. Neighbours later said he had left his residence after repeated visits by delivery personnel. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

Norwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at ...More

Norwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at Rs 1,000 crore. This strategic funding marks a pivotal growth equity move within India's real estate arena. SILA intends to leverage this capital for land acquisitions and the development of luxury residential properties in Mumbai and Alibaug, with aspirations to attract more institutional investment through tailored platforms. ...Less

Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, ...More

Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of spending options. This changing consumer behavior shows significant growth in non-food expenditures over the years. The introduction of quick commerce has further diversified available products, making various goods more accessible. Both urban and rural consumers are seeking premium products alongside traditional staples. ...Less

BazaarNow, founded by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, sells gr ...More

BazaarNow, founded by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, sells groceries and daily essentials, focusing on local products and regional brands in Tier 2 and 3 cities. It raised Rs 72 crore from Peak XV Partners and others in June. Instamart also serves smaller markets through its 131-city network. ...Less

On Instagram, Koushik Kharvi’s incredible journey from being a food delivery agent to becoming a successf ...More

On Instagram, Koushik Kharvi’s incredible journey from being a food delivery agent to becoming a successful entrepreneur went viral. The engineering graduate said that he once hid his job from his friends, as he did not want to be seen as a delivery boy. ...Less

In a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFA ...More

In a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers Union (KAWU) sought immediate rollout of health and accident insurance, income support during medical emergencies and temporary disablement, maternity benefits, scholarships for children of platform workers and an emergency distress fund. ...Less

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which wil ...More

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem. ...Less

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 fo ...More

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 for scaling rapidly while maintaining profitability. Groww went public in November 2025 and has a market capitalisation of about $13 billion. ...Less

A 26-year-old professional based in Bengaluru shared her spending habits for September, revealing her tot ...More

A 26-year-old professional based in Bengaluru shared her spending habits for September, revealing her total expenses reached ₹63,000. She paid ₹25,000 for rent and maintenance, spent ₹12,000 on food, and budgeted ₹6,000 for digital subscriptions. Her shopping and personal care costs added another ₹7,000, while transportation accounted for ₹7,000. ...Less

UPI transaction volumes in September moderated from the record high of August. This and more in today’s E ...More

UPI transaction volumes in September moderated from the record high of August. This and more in today’s ETtech Top 5. ...Less

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. Th ...More

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company's plans for an initial public offering have been postponed again. Recent leadership changes at Flipkart have highlighted ongoing tensions between former executives and current management. The signatories argue that those who contributed to Flipkart's success deserve liquidity opportunities. ...Less

There is a set of companies that sees the shape of the economy before economists do. They know when a hou ...More

There is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold back; to buy better things or cheaper ones. This festive season, what these companies sell, and what they say about it afterwards, will tell you more about where consumption is headed than any official number. Watch them closely. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

JioStar is betting that India’s next phase of sports viewing will combine live matches with AI, commerce, ...More

JioStar is betting that India’s next phase of sports viewing will combine live matches with AI, commerce, regional languages and interactive features. With Indian-language viewing accounting for 90% of watch time and integrations such as Swiggy driving transactions, the broadcaster is looking beyond eyeballs to turn its growing sports audience into a broader digital commerce opportunity. ...Less

Avenue Supermarts' shares fell by 6.7% on Monday amid worries about its competitive landscape and valuati ...More

Avenue Supermarts' shares fell by 6.7% on Monday amid worries about its competitive landscape and valuation concerns. Citi and Goldman Sachs upheld their sell recommendations following the company's recent second-quarter update. While the standalone revenue growth of 18.4% shows promise, analysts believe that the company's expansion may be hindered by escalating competition from quick-commerce services. ...Less

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age ...More

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel. ...Less

Anthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This de ...More

Anthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This development addresses data residency concerns for banks, government institutions, and large enterprises. Companies, including TCS and Kotak Bank, expressed support and enthusiasm for local AI inference. ...Less

Razorpay has teamed up with OpenAI to introduce advertising on ChatGPT for Indian enterprises. This colla ...More

Razorpay has teamed up with OpenAI to introduce advertising on ChatGPT for Indian enterprises. This collaboration features well-known brands such as Tanishq, Tata Neu, and Axis Max Life among the initial participants. The ads will be displayed directly beneath the ChatGPT responses, clearly marked as advertisements. Users can conveniently click these ads, redirecting them to shopping pages without affecting the responses generated by ChatGPT. ...Less

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty ...More

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persistent FII selling, rising bond yields and geopolitical concerns. Investors will track key stocks, global cues, crude oil prices, inflation data and earnings expectations for Tuesday’s market direction. ...Less

Under the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will he ...More

Under the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will help brands prepare product catalogues, structure feeds, launch campaigns and track their performance on ChatGPT Ads. ...Less

The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for ...More

The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now reevaluating their product claims and formulations as they face regulatory pressure. This heightened scrutiny could lead to rising operational costs and may require pricing changes for consumers. The increased compliance standards will likely benefit organized companies while posing significant challenges for smaller, unregulated businesses over time. ...Less

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields a ...More

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore. ...Less

Khanduja, who left Elevation Capital in January, will focus on early-stage investments at Bessemer, worki ...More

Khanduja, who left Elevation Capital in January, will focus on early-stage investments at Bessemer, working with founders from their first institutional funding round, the firm said. ...Less

FSSAI said action had been initiated against Amazon, Flipkart India, Swiggy Instamart, Zepto and BigBaske ...More

FSSAI said action had been initiated against Amazon, Flipkart India, Swiggy Instamart, Zepto and BigBasket over allegedly misleading claims related to Happilo Premium Date Bites - Zesty Orange. Separately, Swiggy Instamart and BigBasket face action over alleged misleading claims and non-compliant product information involving three Milky Mist products - Fresh Low Fat Cream, Farm Fresh Curd and Greek Yoghurt. ...Less

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile ...More

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26. ...Less

Telangana's food safety authorities inspected 16 dark stores across the city and found serious hygiene vi ...More

Telangana's food safety authorities inspected 16 dark stores across the city and found serious hygiene violations. Four establishments had their licenses suspended for acute health hazards identified during the inspections. Violations included expired food products, pest infestations, and improper storage practices. The authorities emphasized the importance of maintaining food safety standards amidst the rise of quick-commerce. ...Less

Koushik Kharvi worked for nine years as a delivery agent before starting his own seafood business. His ex ...More

Koushik Kharvi worked for nine years as a delivery agent before starting his own seafood business. His experience included hiding his job from friends due to stigma associated with delivery work. After reflecting on his past, Kharvi now runs a food truck offering Mangalorean seafood in Bengaluru. Social media users responded positively to his journey, emphasizing the dignity of all work. ...Less

Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technolog ...More

Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more in today’s ETtech Morning Dispatch. ...Less

Sensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and eleva ...More

Sensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and elevated crude prices rattled investors. The selloff erased Rs 5 lakh crore in market value, while analysts advised long-term investors to accumulate gradually. ...Less

JioStar launched a deep product integration with ChatGPT during the IPL that went beyond conventional sea ...More

JioStar launched a deep product integration with ChatGPT during the IPL that went beyond conventional search. Viewers could ask questions about players and matches in natural language while watching the game and receive contextual information without interrupting their viewing experience. ...Less

The quick-commerce scene in India is shifting its pricing strategies, with companies dialing down discoun ...More

The quick-commerce scene in India is shifting its pricing strategies, with companies dialing down discounts and enhancing delivery minimums. Services like Amazon Now and Zepto have notably raised the minimum spend for cashback incentives. Jefferies' report reveals personal care as the leading category for discounts, though average reductions fluctuate by segment. Despite a minor decrease in app downloads, user engagement shows resilience across the board. ...Less

Rapido’s food delivery venture Ownly, which launhed in Hyderabad, is targeting profitability despite an a ...More

Rapido’s food delivery venture Ownly, which launhed in Hyderabad, is targeting profitability despite an average order value of around Rs 250, nearly half the Rs 400-420 seen at listed rivals Swiggy and Zomato. Co-founder Aravind Sanka said delivery accounts for 85-90% of industry costs, while Ownly is leveraging Rapido’s existing technology, teams and logistics network to keep costs lower. ...Less

The Supreme Court has refused to stay MDR on select UPI transactions and sought Centre’s response. This a ...More

The Supreme Court has refused to stay MDR on select UPI transactions and sought Centre’s response. This and more in today’s ETtech Top 5. ...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

In this festive hiring season, companies are championing diversity by expanding job opportunities, partic ...More

In this festive hiring season, companies are championing diversity by expanding job opportunities, particularly for women and individuals with disabilities. This progressive shift in recruitment strategies highlights a commitment to inclusivity while catering to seasonal needs. Additionally, employers are prioritizing accessible job functions and safer environments, leading to a notable enhancement in India's temporary job market landscape. ...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

Products already licensed or registered under the 'analogue in dairy context' category will have to stop ...More

Products already licensed or registered under the 'analogue in dairy context' category will have to stop using 'paneer' in their product name, labelling or marketing, according to the draft regulation notified in the Gazette of India. The move would effectively reserve the term paneer for products meeting the dairy definition, preventing businesses selling non-dairy analogues from presenting or marketing them as paneer. ...Less

FSSAI has proposed banning the manufacture and sale of analogue paneer to protect consumers from misleadi ...More

FSSAI has proposed banning the manufacture and sale of analogue paneer to protect consumers from misleading claims. The draft regulations are aimed at restricting the use of non-dairy products labeled as paneer. States have already taken measures against analogue paneer, and existing products must remove the paneer designation. Stakeholders are given 60 days to voice objections or suggestions regarding the new amendments. ...Less

For decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, indus ...More

For decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credit growth and other official numbers, and then used them to work out whether households were spending more or pulling back. Those indicators still matter. But the Indian consumer has changed faster than the dashboard used to track consumption and spending patterns. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Shares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs ...More

Shares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% downside risk. The brokerage highlighted valuation concerns, rising competition from quick commerce, and margin headwinds despite liking Meesho's asset-light model. ...Less

A LinkedIn post about an interview experience in Kolkata has triggered discussion over recruitment practi ...More

A LinkedIn post about an interview experience in Kolkata has triggered discussion over recruitment practices after a woman said her sister was asked to join an established company on the same day she completed multiple interview rounds. She also claimed the candidate was told she would receive an offer letter only after working for a day. The post later drew questions over the company’s identity. ...Less

Amazon has announced plans to invest $3 billion in its quick commerce business in India by 2030. This inv ...More

Amazon has announced plans to invest $3 billion in its quick commerce business in India by 2030. This investment aims to expand its network of small neighborhood warehouses to improve delivery efficiency. Amazon is focusing on daily essentials rather than one-off purchases in this sector. Current competitors have established loyalty among customers, making competition more challenging for Amazon. ...Less

The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more ...More

The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5. ...Less

Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep ...More

Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep corrections. Data from ACE Equity reveals 10 prominent midcap stocks, including KPIT Technologies, RVNL, Tata Elxsi, and Swiggy, that have fallen between 37% and 59% from their 52-week highs. ...Less

Chinese electric vehicle manufacturers, including Geely and BYD, are advancing ultra-fast charging techno ...More

Chinese electric vehicle manufacturers, including Geely and BYD, are advancing ultra-fast charging technologies to enhance consumer confidence. These innovations aim to provide charging times comparable to traditional gasoline refueling, which is currently being pursued aggressively. To manage safety concerns and prevent battery degradation, companies are implementing advanced cooling systems and AI technologies. As competition heats up, infrastructure developments for fast charging stations are also gaining momentum. ...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

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

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

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 cr 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 cr and adapt her investment strategy as her financial goals draw near. ...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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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