ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...
B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, othersB2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company ai...
D2C brands feel the pinch as consumers cut spendingRising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brand...
ETtech In-depth: Amazon’s quick commerce blitz rattles Blinkit’s playbookAmazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinki...
Instant house help startups see bookings top three million in April amid labour shortageAs platforms raise prices and battle for workers, questions are emerging around the long-term size and profitability of the 10-minute house...
ETtech in-depth: Home interior startups lean on AI to shave costs, chase profitsIndia's home interior sector is turning to AI to combat high customer acquisition costs and operational expenses. Companies like Homelane a...
India's food delivery sector poised for double-digit growth as tier-2 adoption and frequency rise: ReportIndia's online food delivery market is set for rapid expansion. Growth will be fueled by more frequent orders and wider reach into Tier-2 c...
Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
Swiggy flags quick commerce growth impact from irrational competition, bulk order cannibalisationSwiggy said fierce and often "irrational" competition slowed order growth at Instamart, especially for low average order value (AOV) segmen...
InstaHelp must double average order value to break even: Urban CompanyUrban Company said its instant house help segment needs average order values to nearly double to reach breakeven, as losses continue to wei...
Non-metros now economically viable for quick commerce: EmkayEmkay's report suggests quick commerce has growth potential in tier-II cities. Demand is driven by wider product ranges compared to local s...
Swiggy’s Instamart pushes for higher average order value; analysts say metric's growth key to improve profitabilitySwiggy Instamart's average order value (AOV) of Rs 499 has come in low compared to its competitors like Blinkit and Zepto. The number of it...
Digital lending slowdown; Swiggy Instamart’s order size challengesHappy Thursday! Regulatory scrutiny is taking a toll on the growth of digital lending startups. This and more in today’s ETtech Morning Dis...
Quick commerce firms are dangling discounts for bulk buys, what’s behind the strategy?Quick commerce platforms are shifting gears, encouraging bulk purchases by offering higher discounts for larger cart sizes. These companies...
Nykaa at Rs 900 or Rs 2,300? What Jefferies says on this new-age stockConsumer stocks in India enjoy a significant premium given the growth runway and this should likely continue for Nykaa although the questio...
Zomato a no-brainer for a long-term investor, but a challenge for short-term investors: Abhay Agarwal“If the number of active users, the number of times in a month they order and average order value grow together or even two of them grow to...