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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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 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

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

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

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

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

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

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

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

A gesture by Prime Minister Narendra Modi towards Italian PM Giorgia Meloni has unexpectedly caused a sur ...More

A gesture by Prime Minister Narendra Modi towards Italian PM Giorgia Meloni has unexpectedly caused a surge in demand for Indian candy Melody. The toffees reportedly went out of stock on several quick-commerce platforms, fueled by the viral '#Melodi' trend online. This humorous situation saw social media users joking about the candy's sudden global popularity. ...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

Swiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to est ...More

Swiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned and controlled company. This initiative is designed to align with foreign exchange compliance requirements. ...Less

Swiggy is set to revamp its board structure, aiming to establish itself as a wholly Indian concern. This ...More

Swiggy is set to revamp its board structure, aiming to establish itself as a wholly Indian concern. This evolution, motivated by inquiries from stakeholders, comes as the company navigates the complexities of foreign investments, which represent around 60% of its shares. This change marks a crucial chapter in Swiggy's bid for greater autonomy within India’s competitive food delivery landscape. ...Less

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad ...More

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressure on rider earnings due to fuel price rise came into focus on Saturday when gig workers held a nationwide strike to demand higher payouts and a revised incentive structure. ...Less

In a significant decision, the Karnataka High Court has granted temporary relief to eight businesses, inc ...More

In a significant decision, the Karnataka High Court has granted temporary relief to eight businesses, including Kerry Inc, putting a hold on a government advisory that limited the use of Ashwagandha leaves in dietary and health products. Previously, the Food Safety and Standards Authority of India had barred these leaves and their extracts. ...Less

Happy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightl ...More

Happy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in today's ETtech Morning Dispatch. ...Less

Mother's Day saw a significant surge in food delivery and dining out across India, with Swiggy reporting ...More

Mother's Day saw a significant surge in food delivery and dining out across India, with Swiggy reporting a 26.24% rise in food orders and a 71.8% jump in premium restaurant bookings. Consumers splurged on cakes and family dinners, with peak demand for cakes occurring between 7 pm and 8 pm. ...Less

Swiggy shares plunged 7% after the company reported a Q4 FY26 net loss of Rs 800 crore. Despite narrowing ...More

Swiggy shares plunged 7% after the company reported a Q4 FY26 net loss of Rs 800 crore. Despite narrowing losses and strong growth in food delivery and Instamart, brokerages flagged rising competition in quick commerce. Nuvama, Nomura and Citi retained bullish ratings, citing improving margins, strong execution and long-term growth potential in both delivery business. ...Less

Meloni described Melody as a "very very good toffee" in a short video that quickly went viral, riding on ...More

Meloni described Melody as a "very very good toffee" in a short video that quickly went viral, riding on the already popular 'Melodi' meme culture around the two leaders' social media camaraderie and triggering a spike in searches and purchases of the decades-old confectionery brand. ...Less

Swiggy's stock dipped 7% after reporting a 45% rise in Q4 FY26 revenue to Rs 6,383 crore and a narrowed n ...More

Swiggy's stock dipped 7% after reporting a 45% rise in Q4 FY26 revenue to Rs 6,383 crore and a narrowed net loss. Analysts cited a slowdown in its quick commerce business, Instamart, as the primary reason for the stock's pressure, despite strong food delivery performance. ...Less

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. Th ...More

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap private lenders and select IT firms, using market dips to acquire favored stocks at attractive valuations. This strategy aims to build a defensive portfolio against global volatility. ...Less

Gig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising ...More

Gig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The union demands an immediate revision of per-kilometre service rates, warning that increased fuel costs are eroding workers' earnings. ...Less

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the comp ...More

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology. ...Less

A former IT professional resigned for mental peace but now faces financial hardship. Months after quittin ...More

A former IT professional resigned for mental peace but now faces financial hardship. Months after quitting, they remain unemployed despite interviews. Savings are depleted, forcing reliance on family. The individual now works as a construction supervisor for a lower salary. ...Less

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominen ...More

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has been a major investor in India's startup ecosystem. ...Less

Expense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dash ...More

Expense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping tools. They reveal recurring patterns, unconscious leakages, and hidden habits that quietly shape long-term wealth outcomes. Before you can plan where your money goes, you have to see where it is already going. ...Less

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to ...More

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch. ...Less

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel m ...More

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple effect could slowly hit everyday expenses — from vegetables and milk to Blinkit deliveries, cab rides, and even flight tickets. Since fuel powers transport across India, higher diesel and petrol prices often trigger a chain reaction across household budgets. ...Less

Swiggy's operating revenue surged 45% to Rs 6,383 crore in Q4, with net loss narrowing to Rs 800 crore. T ...More

Swiggy's operating revenue surged 45% to Rs 6,383 crore in Q4, with net loss narrowing to Rs 800 crore. The company is balancing growth and profitability in its quick commerce arm, Instamart, aiming for a Rs 1 lakh crore net order value business. Food delivery also showed strong momentum, with adjusted revenue up 27%. ...Less

Delivery times are improving as gig workers return to cities. This follows the recent state elections and ...More

Delivery times are improving as gig workers return to cities. This follows the recent state elections and the peak harvest season. Food delivery platforms like Swiggy and magicpin expect a normalisation of services soon. This return of delivery partners will boost rider availability. The sector anticipates growth after a challenging period. ...Less

Several brokerages have initiated coverage on Indian stocks like Meesho and Swiggy, forecasting significa ...More

Several brokerages have initiated coverage on Indian stocks like Meesho and Swiggy, forecasting significant upside potential. JP Morgan is 'Overweight' on Meesho with an 11% upside, while Equirus rates Swiggy a 'Buy' with a 48% potential gain. Other stocks covered include Capillary Technologies, Shadowfax Technologies, and Shyam Metallics, with analysts expressing bullish sentiments. ...Less

In this analysis, we highlight eight standout stocks that have delivered sequential quarterly revenue gro ...More

In this analysis, we highlight eight standout stocks that have delivered sequential quarterly revenue growth, are covered by more than five analysts, and offer estimated upside potential of 40% to 50% over the next year. ...Less

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, ...More

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinkit. While Blinkit previously focused on premium customers, it's now recalibrating strategy amid rising competition. Amazon leverages its Prime membership for speed and selection, aiming to capture the same urban, high-frequency shopper. ...Less

Swiggy Q4 Results: Swiggy significantly narrowed its losses to Rs 800 crore in Q4 FY26, driven by a 45% r ...More

Swiggy Q4 Results: Swiggy significantly narrowed its losses to Rs 800 crore in Q4 FY26, driven by a 45% revenue surge and the food delivery business's strongest growth in 15 quarters. The quick commerce arm, Instamart, also saw substantial GOV growth, with unit economics improving, while the out-of-home business achieved its first full year of profitability. ...Less

Swiggy founder Sriharsha Majety emphasised that strategic clarity is crucial for survival during aggressi ...More

Swiggy founder Sriharsha Majety emphasised that strategic clarity is crucial for survival during aggressive spending cycles, drawing parallels with past industry booms. He stated the company is balancing growth and profitability, aiming to build a durable business rather than sacrificing market share for short-term relevance. ...Less

Eating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. ...More

Eating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in prices for consumers. Restaurants are facing higher costs for fuel, LPG, and labor. Some chains will adjust menu prices next week, while others will do so in July. ...Less

We have collated a list of recommendations from top brokerage firms from ETNow and other sources: ...More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources: ...Less

Swiggy Instamart's gross order value saw its first sequential decline in the March quarter, dropping 0.7% ...More

Swiggy Instamart's gross order value saw its first sequential decline in the March quarter, dropping 0.7% to Rs 7,881 crore, though it still grew 68% year-on-year. This moderation aligns with a broader industry shift towards profitability, as quick commerce players prioritize unit economics over absolute volume growth. ...Less

New-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. ...More

New-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech Top 5. ...Less

Goldman Sachs has identified twelve stocks for investors looking at the medium term. These companies are ...More

Goldman Sachs has identified twelve stocks for investors looking at the medium term. These companies are expected to perform well as foreign investor sentiment improves. The list includes prominent names like Paytm and Swiggy. Foreign ownership in these selected stocks has decreased, and they are trading at attractive valuations. ...Less

Reliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. Thi ...More

Reliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5. ...Less

India's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick com ...More

India's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick commerce players like Blinkit are leading the way. Quick service restaurants are seeing a recovery. Trent is favored over DMart in retail. The top picks for the next year are Eternal, Trent, and Nykaa, offering diverse investment opportunities. ...Less

Restaurant enablement platform Dil Foods has secured $7.5 million in a funding round led by Bikaji Foods ...More

Restaurant enablement platform Dil Foods has secured $7.5 million in a funding round led by Bikaji Foods family office. The startup plans to utilize these funds to expand into new cities, enhance its cuisine offerings, and strengthen its supply chain. Dil Foods aims to scale to 600 locations by FY28 and achieve an annualized revenue of Rs 500 crores. ...Less

Indian markets closed higher amidst volatility, with global events like the US-Iran agreement keenly watc ...More

Indian markets closed higher amidst volatility, with global events like the US-Iran agreement keenly watched. Several companies, including Canara Bank and MCX, reported strong Q4 results, with MCX seeing a significant profit surge. Ola Electric's new scooter received approval, while Vodafone Idea is exploring capital infusion. ...Less

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm dur ...More

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and Axis Bank were added as new investments. ...Less

Swiggy and Eternal shares have plunged up to 30% this year, prompting questions about investment timing. ...More

Swiggy and Eternal shares have plunged up to 30% this year, prompting questions about investment timing. While Eternal shows long-term gains, both companies listed at high valuations. Analysts advise caution, suggesting investors wait for clearer earnings and normalized valuations before buying, with Swiggy offering a slightly better risk-reward for a long-term view. ...Less

Indian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking ...More

Indian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking, auto, and consumer stocks dragged benchmarks lower. Weak global cues, rising inflation data, and technical breakdowns deepened bearish sentiment, with analysts warning further downside toward key support levels. ...Less

Sebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick ...More

Sebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthen its position against rivals while signaling renewed investor confidence in India’s internet and startup listing market. ...Less