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Customers will feast as Zepto to pour fuel into quick commerce fireZepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. T...- Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
- It’s a summer of discontent for delivery riders as incentives dipCompanies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressu...
- India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
- Quick commerce firms face heat as riders stay off peak hoursQuick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders w...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Platforms, brands accelerate agentic commerce push as fintechs plug payment gapsIndian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomousl...
- Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Founder exits loom over BigBasket, 1mg as Tata Digital reset continuesBigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and G...
- Tata Digital explores operational integrationAdditionally, Tata Digital plans to consolidate its various standalone apps such as BigBasket, 1mg, and Tata Cliq, under the Tata Neu app t...
- BigBasket’s B2C arm sees net loss widen nearly 2x to Rs 1,500 crore in FY23The continued losses for the nearly 13-year-old firm come as it faces intensified competition in both grocery delivery as well as relativel...
- BigBasket valuation may touch $4-5 billion as sales riseThe steep rise in BigBasket’s valuation comes at a time when its parent Tata Digital has held early-stage discussions with marquee global i...
- BigBasket jumps into buzzy quick delivery segment; will bring all grocery services in one appBB Now, expected to be launched around the middle of December, will be part of BigBasket and the company has also started work to bring its...
- BigBasket to build a unified supply chain for Tata super app projectThe Tatas' latest plans are also reflected in recent regulatory filings by Innovative Retail Concept, the retail arm of BigBasket.
- BigBasket app, site crash on high demandSocial media firm LocalCircles in a survey claimed that around 35 per cent of consumers have said they are not getting essential goods from...
- BigBasket believes the early bird will take market homeCEO Hari Menon expects morning milk-delivery orders to account for 10% of firm’s revenue.
- Soon, BigBasket will deliver milk as wellBigBasket milk delivery service, BB Daily, will allow customers to order milk and other daily essentials items
- BigBasket in talks to acquire a majority stake in Kwik24eGrocery platform had run a pilot with smart vending machines of firm in Bengaluru
- With Alibaba on board, BigBasket to go offlineThe Bengaluru-based company is looking to supplement its core online business with offline kiosks that will stock daily groceries, fast-mov...
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