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BLINKIT EXPANSION PLANS
Blinkit expects to cross 3,500 stores by FY27; CEO Albinder bullish on growth in small citiesEternal's quick commerce platform Blinkit is set to expand significantly, aiming for 3,500 stores by March 2027. CEO Albinder Dhindsa empha...- Eternal’s Deepinder Goyal teases new AI product, Dark.aiThe company is expected to announce the product later on Wednesday. Details about Dark.ai, including its intended use cases and target cust...
- Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
- SBI Mutual Fund’s stake in Swiggy crosses 5% as asset manager picks up shares worth Rs 300 croreSBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swiggy from 4.7% to 5.1%.
- Amazon to bet $3 billion on India's fast-delivery boom, sources sayAmazon has announced plans to invest $3 billion in its quick commerce business in India by 2030. This investment aims to expand its network...
- Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...
- Flipkart Minutes sees path to profitability, plans 100 new fulfilment centres every monthWith its sights set on aggressive growth, Flipkart Minutes is swiftly enhancing its operations and bolstering financial results. The initia...
- Swish raises $24 million funding, bets on repeat orders to scale up 10-minute food deliverySwish, a 10-minute food delivery startup, has raised $24 million to expand its kitchen network and supply chain. The two-year-old company h...
- Amazon, Flipkart's multi-front war; India set for more GCCsHappy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and ...
- A French giant heads back to India after 12 years with bigger betsCarrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This time, the French retailer is betti...
- Rapid food delivery startup Swish to raise $20-25 million led by Bertelsmann India: SourcesThe transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company a...
- Ambani uses ₹10 power again for the next disruption in a hot Indian marketReliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones and sticks from ₹10. The brand is...
- ETtech Explainer: Why are dark stores again under scrutiny over food safetyFood safety inspectors have conducted thorough checks on quick commerce locations in Karnataka and Maharashtra, revealing violations relate...
- Festive demand set to lift FMCG growth, but margins face pressureConsumer demand in India is expected to strengthen during the upcoming festive season. Companies face rising input costs and intense compet...
- Amazon Now in nine countries, has recorded 80% growth in units sold QoQ: Andy JassyDuring his India visit in June, Jassy announced that Amazon will expand Amazon Now, which offers delivery in 10 minutes in India, to 300 ci...
- Eternal shares in focus following Rs 600 crore fund infusion into BlinkitEternal, the parent of Blinkit, has infused Rs 600 crore into the quick commerce platform, taking its total 2025 investment to Rs 2,600 cro...
- Blinkit turns adjusted Ebitda positive in March; eyes 1,000 dark stores by FY25 endBlinkit, a quick-commerce platform owned by Zomato, is on the path to profitability. The company achieved positive adjusted Ebitda for the ...
- Blinkit turns adjusted EBITDA positive in March as co aggressively bets on store expansionThe company highlighted that one of the key vectors for growth for the business will come through the store expansion. In the fourth quarte...
- eGrocers look to make hay as orders rise 40% in third waveReliance Retail-owned MilkBasket is more than doubling its warehousing capacity to almost 350,000 sq ft in NCR to cater to 150,000 orders a...
- Blinkit adds 200 'dark stores' to facilitate grocery delivery in 10 minutesAmid a surging third wave of Covid-19 cases in India, while various physical retailers and dine-in restaurants are putting on hold their ex...
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