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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...- Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’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...
- Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
- Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
- Quick commerce becomes FMCG's biggest online sales channel in IndiaLatest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted ...
- Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...
- 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...
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- 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.
- 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...
- Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
- BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
- BigBasket looks to raise $200 million at up to $3.5 billion valuation“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected...
- 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...
- Exclusive: BigBasket clocks $1.1 billion gross sales as pandemic fuels online groceryThat Tata Group-owned BigBasket is only the second vertical e-commerce player in India to achieve the milestone indicates the high-growth p...
- Tata seeks CCI nod to buy majority stake in BigBasketIn the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Sons, proposed to buy 64.3% of an ent...
- Convenience, virus fear accelerate online sales, despite lockdown endingHindustan Unilever, the barometer for grocery demand in the country, said share of e-commerce to its total sales volume is close to 6% now ...
- BigBasket announces 'big 47 sale' from tomorrowThe offers are live in the 26 Indian cities BigBasket is operational in, the company said in a statement.
- Amazon in talks to buy Indian online grocer BigBasketBigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in about 25 cities across the country.
- Supermarket Groceries' BigBasket clocks 3-fold growth; sales jump 231 per cent to Rs 563 croreIts sales jumped 231% to Rs 563 crore from about Rs 170 crore in the previous fiscal.
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