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Blinkit gets Rs 600 crore cash boost from parent EternalBlinkit is in the midst of an aggressive dark store scale-up and plans to have 3,000 such micro-warehouses on its network by March 2027. As...- Eternal extends leadership in both quick commerce & food delivery, Bernstein says citing 5 data pointsBernstein says Eternal dominates India’s e-commerce through Blinkit and Zomato, leading app downloads, market share, and user growth as qui...
- Puneet Chhatwal, Sunil D’Souza join Tata Digital board after Naveen Tahilyani’s exitTata Sons has appointed Puneet Chhatwal and Sunil D’Souza to Tata Digital's board. This move aims to boost consumer business expertise in t...
- Medicine delivery enters quick lane but roadblocks remainIndustry executives said while there is a strong demand for quick medicine delivery, companies could face roadblocks, impacting aggressive ...
- 2 stocks Hemang Jani is bullish on from pharma sectorSo, I do think that be it the largecap generic-focused companies like Sun, Dr Reddy’s, Cipla, or some of the API-based companies whether it...
- Tata funds pause is no 'debt-errent' at 1mg, BigBasketBigBasket and 1mg–two of the biggest digital assets of Tata group–are choosing debt over equity for expansion in a critical year for them. ...
- BigBasket, 1mg’s plans for capex; win for epharmacies in Madras HCTata’s online grocery BigBasket and epharmacy 1mg will largely depend on debt capital to fuel expansion this fiscal. More on this in today’...
- Silicon Valley’s SPC plans India outpost; Holi spike for quick-commerceHappy Tuesday! San Francisco-based South Park Commons is working with Flipkart’s cofounder Binny Bansal on its India expansion. Details on ...
- Jungle Ventures invests $20 million more in ice cream maker Walko in larger trendJungle Ventures invested $20 million in Walko Food, an ice-cream brand and quick-service restaurant company. Investors are focusing on quic...
- BigBasket secures capex procurement ERP software from Zoho CorpBigBasket said it processes around five lakh orders per day and in the previous conventional model resulted in limiting visibility into the...
- Zomato says Blinkit disruptions had ‘no material impact’ on company's performanceET reported last week that around 100 dark stores operated by Blinkit in the Delhi-National Capital Region were shut following the quick-co...
- Rivals gain as Blinkit riders continue strike in NCROrders have surged 40% at Zepto, a top industry executive said, while two people associated with Swiggy said daily orders had jumped more t...
- Meat delivery startup FreshToHome raises $104 million in funding led by Amazon Smbhav Venture FundExisting investors including Iron Pillar, Investcorp, Investment Corporation of Dubai, Ascent Capital and others also participated in the f...
- Will continue to look for acquisition opportunities, says Tata Consumer chairman N Chandrasekaran"We also believe in inorganic expansion and yes inorganic expansion is one of the key strategies for the company. The cash in the company w...
- Tata Motors doubles down on plan to electrify commercial vehicles“We are going to work on and keep identifying sectors more amenable for electrification in the commercial vehicle segment. We will keep tec...
- NewQuest, Premji invest Rs 507 crore in startup iD Fresh FoodAsia's leading PE firm NewQuest Capital Partner, along with the existing investor, PremjiInvest, invested Rs507 crore in iD Fresh Food—Indi...
- White-collar job market sees moderation, marginal drop in hiring volumeThe number of open job positions accepting applications for white-collar professionals in November stood at around 295,000, down from 320,0...
- Stocks in the news: Adani Ports, Nestle India, L&T Finance, FRL, APL Apollo and IndusInd BankFMCG major Nestle India reported a 2.25 per cent rise in net profit to Rs 483.31 crore for the fourth quarter ended December.
- BigBasket gets Rs 100 crore in venture debt from Trifecta CapitalGrocery etailer raised the amount in venture debt to fund working capital needs, expansion.
- Venture debt investors see scope to deploy Rs 2000-cr in startup market this yearBut Indian startups’ ability to absorb such massive amounts of debt financing would depend on the risk-return profile that investors are lo...
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