Swiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Sta ...More

Swiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to Swiggy Instamart over consumer complaints alleging food safety violations. The regulator has sought a detailed explanation, compliance report and documentary evidence, warning that failure to comply could invite legal action. ...Less

Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fift ...More

Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confidence. Analysts express bullish views on both companies' long-term growth prospects. Eternal's quick commerce segment shows promising EBITDA positive results. Investors should monitor competition and valuation dynamics closely. ...Less

Swiggy and Hindustan Petroleum announced a new partnership for cooking gas cylinder deliveries. This serv ...More

Swiggy and Hindustan Petroleum announced a new partnership for cooking gas cylinder deliveries. This service marks India's first quick-commerce app delivery of cooking gas. Initially, smaller 5kg and 10kg cylinders will be delivered to customers. An existing HP Gas connection is not required for purchasing these cylinders. The pilot program will begin in Bengaluru before expanding to other cities. ...Less

India's food regulator, FSSAI, issued nine notices to Swiggy Instamart. These notices followed multiple c ...More

India's food regulator, FSSAI, issued nine notices to Swiggy Instamart. These notices followed multiple consumer complaints alleging unsafe food products were delivered. Expired, spoiled, and contaminated items were reportedly supplied through the quick commerce platform. FSSAI has demanded detailed explanations and compliance reports from Swiggy Instamart. Failure to comply may result in legal action under the FSS Act. ...Less

Domestic investors now hold majority stakes in Swiggy, reducing foreign holdings. Several foreign institu ...More

Domestic investors now hold majority stakes in Swiggy, reducing foreign holdings. Several foreign institutional investors have significantly reduced their stakes in the hyperlocal platform. Meanwhile, domestic institutional investors have increased their holdings in Swiggy. This shift moves Swiggy closer to Indian-owned and controlled company status. The company will restructure its board to achieve this new designation. ...Less

Zepto has introduced an invite-only paid membership program called Zepto Club. This new offering provides ...More

Zepto has introduced an invite-only paid membership program called Zepto Club. This new offering provides members with flat five percent cashback and priority delivery. The program marks Zepto's return to subscription services after earlier attempts. Zepto Club competes directly with Swiggy's similar membership offering for customers. This move is part of Zepto's strategy to enhance its customer offerings. ...Less

Food delivery companies are adapting strategies to attract everyday officegoers. Swiggy and Zomato offer ...More

Food delivery companies are adapting strategies to attract everyday officegoers. Swiggy and Zomato offer value meals and targeted discounts to customers. Ownly and Rebel Foods explore different pricing and occasion-based models. These platforms aim to make ordering food a regular habit. Affordability and varied offerings are key to future growth. ...Less

Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy's foreign ...More

Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy's foreign ownership falling below 50% and optimism around quick commerce. Analysts remain positive on Eternal's long-term prospects, while maintaining a more cautious stance on Swiggy amid intensifying competition in the fast-growing quick commerce market. ...Less

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving marg ...More

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. However, while the foreign shareholding in the company has dropped to less than half, Swiggy has not yet achieved IOCC status. ...Less

Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company close ...More

Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company closer to qualifying as an Indian-owned and controlled company. While no immediate operational changes follow, the milestone could eventually allow Instamart to own inventory directly, boosting margins and improving supply chain efficiency. ...Less

Quick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon ...More

Quick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offerings. Swiggy's Instamart and Blinkit are also expanding their premium produce selections. New platforms and D2C brands focused on clean food are gaining investor attention. ...Less

Swiggy said it has resolved an FSSAI licence-related issue concerning its food ordering and delivery plat ...More

Swiggy said it has resolved an FSSAI licence-related issue concerning its food ordering and delivery platform Toing after updating licence particulars. The company clarified the matter involved no food safety concerns, received a modified FSSAI licence on July 9, and said no monetary penalty has been imposed or major financial impact is expected. ...Less

The FSSAI encourages citizens to report unsafe food practices using their mobile application. This initia ...More

The FSSAI encourages citizens to report unsafe food practices using their mobile application. This initiative aims to curb the marketing and consumption of unsafe food products. Recently, a spice manufacturing unit in Lucknow was shut down by authorities. Adulterated materials were seized and samples were collected for laboratory testing. The food regulator has intensified its inspection and reporting efforts. ...Less

Swiggy's rail food delivery saw threefold growth in the last quarter. Indian train travelers ordered over ...More

Swiggy's rail food delivery saw threefold growth in the last quarter. Indian train travelers ordered over four lakh rotis during the summer months. Multi-station orders surged more than 300 percent year-on-year, indicating increased passenger engagement. This service is also attracting first-time users in smaller towns and cities. Popular food items included roti, masala dosa, and various summer beverages. ...Less

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This ...More

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial maintains a 'Reduce' rating with an unchanged target price. ...Less

Zepto Ltd. seeks a lower IPO valuation, reflecting industry cash burn concerns. Foreign investors indicat ...More

Zepto Ltd. seeks a lower IPO valuation, reflecting industry cash burn concerns. Foreign investors indicate interest at $4.5 billion, while domestic ones value it lower. This contrasts sharply with its $7 billion valuation from last October's fundraise. The company aims to raise $850 million through its initial public offering. Proceeds will fund network expansion and technological infrastructure improvements. ...Less

DMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as comp ...More

DMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rapid delivery space. Despite rising pressure from Amazon, Flipkart, Zepto and Swiggy, the retailer is sticking to its low-cost model and non-10-minute delivery approach amid muted earnings performance. ...Less

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only ...More

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. Industry experts and analysts said digital platforms’ expansion into newer models blurs the lines between marketplace and retailer, raising fresh competition and regulatory concerns. ET explains the issue. ...Less

Swiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today' ...More

Swiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5. ...Less

Through its ninth India fund, Elevation will back early-stage startups building AI-led businesses tacklin ...More

Through its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally complex challenges in healthcare, education, and financial services. It will also invest in global AI software companies being built from India, alongside deeptech startups in areas such as space, defence, robotics, energy, and precision manufacturing. ...Less

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This ...More

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Morning Dispatch. ...Less

The shift is significant for the food delivery and quick commerce major. In May, its shareholders had fai ...More

The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classify it as an Indian-owned and controlled company (IOCC), a status that would let its quick commerce arm Instamart own inventory directly, improving margins and supply chain control. ...Less

Four Nifty500 stocks closed more than 1.5% above their VWAP on July 15, signalling strong buying interest ...More

Four Nifty500 stocks closed more than 1.5% above their VWAP on July 15, signalling strong buying interest and potential bullish momentum, according to StockEdge's technical scan data. ...Less

In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest ...More

In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial public offering, which is valued at approximately Rs 11,000 crore. The anchor book is approaching its closure, with these investors poised to capture a substantial share. Zepto's valuation for this IPO stands at an impressive $5.1 billion, aligning with the burgeoning growth of India's quick commerce sector. ...Less

Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offe ...More

Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections and express delivery services. The company plans to expand this service to 100 additional cities by August 2026. This launch follows a similar initiative by Hindustan Petroleum Corporation Ltd. These moves indicate a growing competition in the premium LPG market. ...Less

Quick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipka ...More

Quick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipkart Minutes, and Amazon Now significantly increased their store counts recently. This intense competition focuses on metro cities where demand is highest. Companies aim to capture customer habits and defend broader e-commerce businesses. Denser networks are crucial for meeting delivery timelines and improving economics. ...Less

SS Desc: A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowes ...More

SS Desc: A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest and the closing price is the highest for a given trading session. ...Less

Zepto is considering slashing the size of its public issue amid pushback from domestic investors. This an ...More

Zepto is considering slashing the size of its public issue amid pushback from domestic investors. This and more in today’s ETtech Top 5. ...Less

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile m ...More

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today. ...Less

A viral X post claiming that a techie quit his Rs 1.5 lakh-a-month Mumbai job, moved back to his hometown ...More

A viral X post claiming that a techie quit his Rs 1.5 lakh-a-month Mumbai job, moved back to his hometown and now earns around Rs 4 lakh every month has triggered a heated debate online. While many praised the reported shift from corporate life to entrepreneurship, others questioned the financial calculations, including the sale of a Rs 3 crore flat, tax implications and the profitability of the restaurants mentioned in the post. ...Less

BigBasket's new chief executive Amit Nanda, a former Amazon India executive, has been tasked with making ...More

BigBasket's new chief executive Amit Nanda, a former Amazon India executive, has been tasked with making the business profitable amid intensifying competition and mounting pressure on margins in the quick commerce and online grocery delivery business, they said. ...Less

Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other st ...More

Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other stocks to its June portfolio, while raising exposure to Paytm and 29 other companies. The fund exited five stocks, trimmed its stake in Black Box and retained holdings in 32 stocks unchanged. ...Less

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5 ...More

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5. ...Less

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI ...More

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in today’s ETtech Morning Dispatch. ...Less

Zepto is expected to announce its price band over the next seven to eight days, another person said. Sebi ...More

Zepto is expected to announce its price band over the next seven to eight days, another person said. Sebi rules require companies to refile their draft prospectus if the issue size changes by more than 20% from the original estimate. ...Less

Indian equities recovered after Wednesday’s sharp selloff, with Sensex and Nifty closing higher as midcap ...More

Indian equities recovered after Wednesday’s sharp selloff, with Sensex and Nifty closing higher as midcaps and smallcaps outperformed. Falling India VIX, supportive global cues and improving domestic outlook boosted sentiment, though geopolitical risks and Fed inflation concerns kept investors cautious. ...Less

IIM Ahmedabad student Vivek Kundu shared a breakdown of his monthly expenses, revealing he tries to keep ...More

IIM Ahmedabad student Vivek Kundu shared a breakdown of his monthly expenses, revealing he tries to keep his spending below Rs 25,000 and managed Rs 24,000 this month. He said he spent Rs 14,000 on food, nearly Rs 3,500 on Swiggy and DMart, Rs 2,000 on social life, and the remaining amount on transportation, haircuts, stationery, sports, subscriptions, medicines and miscellaneous expenses. ...Less

Online delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. ...More

Online delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered discounts and ran games to boost customer engagement. Industry experts said micro-events are increasingly becoming a growth driver for online delivery apps, as users seek instant gratification and convenience. ...Less

Happy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in tod ...More

Happy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch. ...Less

In a bid to strengthen consumer protection, India's food regulatory body is intensifying efforts against ...More

In a bid to strengthen consumer protection, India's food regulatory body is intensifying efforts against packaged food companies. The lack of clarity around definitions and guidelines for emerging ingredients poses a pressing concern. Executives from the sector are urging the need for revised definitions and clearer regulations. To meet these demands, the authority has restructured its scientific panels to create standards rooted in science, facilitating smoother operations for manufacturers. ...Less

Five stocks from the Nifty500 segment that gained over 3% featured in the RSI Trending Up scan on July 7 ...More

Five stocks from the Nifty500 segment that gained over 3% featured in the RSI Trending Up scan on July 7 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups. ...Less

Helios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased ...More

Helios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased its stake in HDFC Bank and 14 other companies. It reduced exposure in Bharti Airtel and two other selected stocks. Helios Flexi Cap Fund completely exited five companies during the month. The fund's portfolio held sixty-eight stocks by the end of June. ...Less

AI's influence on online shopping is rapidly growing, with agents now completing tasks like purchases. Ma ...More

AI's influence on online shopping is rapidly growing, with agents now completing tasks like purchases. Major platforms like Amazon, Swiggy, and Zepto are adopting distinct strategies. Amazon personalizes recommendations, Zepto automates customer support, and Swiggy aims for a future where apps are optional, with AI agents handling transactions directly. This signals a significant shift in how consumers will shop. ...Less

An IIM Ahmedabad MBA student has shared a detailed breakdown of his ₹24,000 monthly expenses, offering a ...More

An IIM Ahmedabad MBA student has shared a detailed breakdown of his ₹24,000 monthly expenses, offering a glimpse into the day-to-day cost of campus life. His budget, which includes spending on food, transportation, stationery, subscriptions and other essentials, has sparked discussions on social media about whether studying at a top management institute is financially accessible for middle-class students. ...Less

ET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their sto ...More

ET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportunities as well as the traps of this market. The five journeys chronicled above have a common thread: NSE has been the wealth creator. The earliest institutional-style buyers did even better. ...Less

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning ...More

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch. ...Less

Quick commerce executives said operations were most affected on Saturday and Sunday. Apps such as Instama ...More

Quick commerce executives said operations were most affected on Saturday and Sunday. Apps such as Instamart and Amazon Now showed their services were temporarily unavailable in some pockets as the weather affected operations on Monday as well. ...Less

WhatsApp has introduced the Meta Business Agent in India, an AI-powered assistant that helps businesses a ...More

WhatsApp has introduced the Meta Business Agent in India, an AI-powered assistant that helps businesses automate customer interactions, recommend products, book appointments, qualify leads and provide 24/7 support. Announced at the WhatsApp Business Summit in Mumbai, the company also launched the Meta Business Agent Platform for larger enterprises, enabling customised AI agents that integrate with existing business tools. ...Less

A combination could help both survive hypercompetition among more than half a dozen rivals, improve relev ...More

A combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergies are many. Its time to make the deal maths work out. ...Less

JioStar is integrating generative AI for conversational content discovery and commerce. This technology a ...More

JioStar is integrating generative AI for conversational content discovery and commerce. This technology allows users to find shows and products through natural language interactions. The company aims to shorten the feedback loop between viewer demand and content production. JioStar is also developing an AI studio to create diverse content formats. ...Less

Despite concerns over Amazon and Flipkart intensifying competition in India's quick commerce market, Anan ...More

Despite concerns over Amazon and Flipkart intensifying competition in India's quick commerce market, Anand Rathi believes Blinkit remains the clear market leader due to its scale, strong customer retention and limited reliance on heavy discounts. The brokerage has reiterated its 'Buy' rating on Eternal with a target price of Rs 400. ...Less

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce r ...More

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETech Morning Dispatch. ...Less

Lumio is revolutionizing TV content discovery with Project Neo, an AI-powered experience accessible via W ...More

Lumio is revolutionizing TV content discovery with Project Neo, an AI-powered experience accessible via WhatsApp and Instagram. Instead of traditional remotes, users can simply message Neo to find shows and movies, bridging the gap between discovery and viewing. This agentic AI approach focuses on reducing search time and enhancing user experience, aiming to make software the key differentiator in the competitive TV market. ...Less

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aami ...More

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aamir Zeb, they said. The fund, which is in the early stages, is expected to back growth-stage Indian companies and will look at opportunities across enterprise technology, artificial intelligence (AI) infrastructure and other businesses. ...Less

The specialty coffee brand plans a cluster-led expansion across metros while combining Colombian coffee h ...More

The specialty coffee brand plans a cluster-led expansion across metros while combining Colombian coffee heritage with Indian beans, hospitality and immersive customer experiences. ...Less

Unlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wh ...More

Unlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketplace, recognising gross revenues from product sales alongside commissions, logistics, advertising and other fees. ...Less

The Sensex and Nifty surged over 1% on Friday, supported by TCS earnings, easing volatility and positive ...More

The Sensex and Nifty surged over 1% on Friday, supported by TCS earnings, easing volatility and positive global cues. Investors will now track Q1 earnings, technical levels and global developments for further market direction. ...Less

On July 7, three stocks in the Nifty500 appeared on the 'White Marubozu' bullish scanner, according to St ...More

On July 7, three stocks in the Nifty500 appeared on the 'White Marubozu' bullish scanner, according to StockEdge's technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend. ...Less

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

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

Parag Parikh Flexi Cap Fund increased its holdings in ITC, TCS, HCL Technologies and 14 other stocks in J ...More

Parag Parikh Flexi Cap Fund increased its holdings in ITC, TCS, HCL Technologies and 14 other stocks in June, while trimming exposure to Dr Reddy’s Laboratories and Maruti Suzuki India. The fund also added Petronet LNG as a new portfolio entrant and made no complete exits during the month. ...Less

Chocolate is a versatile ingredient celebrated for its intricate taste and diverse forms. It's integrated ...More

Chocolate is a versatile ingredient celebrated for its intricate taste and diverse forms. It's integrated into an array of products, from beauty and skincare to unique savoury dishes. Brands harness chocolate's popularity to elevate various culinary experiences. In India, it's particularly influential in gifting and mithai traditions, while also finding its way into innovative cocktails and aromatic fragrances, proving its universal allure. ...Less

Bitcoin slipped below $63,000 after a brief rally above $64,000 as investors remained cautious and avoide ...More

Bitcoin slipped below $63,000 after a brief rally above $64,000 as investors remained cautious and avoided aggressive bets on altcoins. Analysts said the cryptocurrency is consolidating near key resistance levels, while softer ETF demand, geopolitical uncertainty and mixed technical signals continue to weigh on broader market sentiment. ...Less

Swaroop will oversee Instamart's commercial operations across customer-centric growth, category managemen ...More

Swaroop will oversee Instamart's commercial operations across customer-centric growth, category management, as well as brand relationships and expansion. ...Less

Sebi uncovered an alleged Rs 144 crore pump-and-dump scheme by analysing airline bookings, hotel stays, f ...More

Sebi uncovered an alleged Rs 144 crore pump-and-dump scheme by analysing airline bookings, hotel stays, food delivery records, WhatsApp chats, telecom data and banking trails. The investigation linked digital footprints to identify the alleged mastermind and entities behind five manipulated stocks. ...Less

WhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech ...More

WhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equities ended lower after four straight gains as profit booking, weak global cues and caution ahe ...More

Indian equities ended lower after four straight gains as profit booking, weak global cues and caution ahead of the US Fed minutes weighed on sentiment. IT stocks remained resilient, while analysts expect earnings, monsoon progress, stable rupee and foreign inflows to guide near-term market direction. ...Less

Justice Suraj Govindaraj recused himself from hearing petitions challenging Karnataka's gig worker law du ...More

Justice Suraj Govindaraj recused himself from hearing petitions challenging Karnataka's gig worker law due to a potential conflict of interest. The law, aimed at providing social security, is contested by industry bodies like IAMAI and platform aggregators. They argue it conflicts with national legislation and raises concerns about duplicate financial obligations and unnotified adjustment mechanisms for welfare fees. ...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

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

Several midcap stocks emerged as standout performers, rewarding investors with impressive returns. ...More

Several midcap stocks emerged as standout performers, rewarding investors with impressive returns. ...Less

India's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becomi ...More

India's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams, cold drinks and skincare products saw massive year-on-year growth as shoppers embraced instant delivery for seasonal needs. ...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

SoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This sign ...More

SoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a bridge loan, underscores OpenAI's importance to SoftBank's portfolio, contributing to a substantial profit increase. However, the news comes as the New York Times reported delays in OpenAI's IPO, impacting investor sentiment and SoftBank's stock. ...Less

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

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

The 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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