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INDIA GROCERY MARKET
Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...- Family-owned companies have big appetites for US snack M&AFamily-owned food firms are acquiring U.S. snack companies, seeing value opportunities. Overseas buyers are increasingly interested in thes...
- Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats upMyntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who r...
- 22-year-old Canada man says his Indian parents are saving wrong: They put Rs 50K of the Rs 70K he sends into chit funds; then ask more for bills and emergenciesA 22-year-old Indian man working in Canada says he sends Rs 70,000 every month to support his family in India, but claims his parents lock ...
- Kerala labourer's son built Rs 4,000 crore company: Who is PC Musthafa, who failed Class 6 & rose from working as a coolie to becoming successful entrepreneur?PC Musthafa overcame failing Class 6 and dropping out of school after a teacher's encouragement inspired him to return to education. He wen...
- Elixiir Foods introduces its first retail venture FreshTerra, backed by $9 million seed fundingElixiir Foods has launched its first FreshTerra retail store in Gurugram. The company plans to open twelve to fifteen more stores by FY28. ...
- Offline Zinda Hai: Why retailers are betting big on outletsIndia's largest retailers are opening thousands of new physical stores across the nation. This expansion targets emerging consumer markets ...
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Seven boys widened India's door to South Korea and everything changedSouth Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This cultural wave now fuels substanti...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- From Assam to Nilgiri: How regional teas are becoming premium brandsIndia's tea market is shifting towards premium products and regional diversity. Gen Z and millennials are driving this growth, seeking auth...
- Quick commerce leverages cart clout to draw higher margins from companiesQuick commerce platforms are increasing demands for higher margins and marketing funds. Consumer goods companies face rising costs for bett...
- Bharatgas introduces Lite ZIP, a next-generation lightweight LPG cylinder, to expand to 100 cities by August 15Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections ...
- Reliance Retail's Q1 profit drops 14% YoY but revenue rises 8%Reliance Retail Ventures reported a fourteen percent profit decline last quarter. Revenue from operations grew eight point two percent year...
- Reliance Retail trades near-term gains for long-term digital accessReliance Retail reported a net profit decline of fourteen percent year-on-year. Revenue from operations grew eight point two percent, with ...
- Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighsReliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. ...
- Magicpin rolls out AI assistant Vera across 6 international markets, eyes further overseas expansionMagicpin announced Vera's international rollout across six nations. The AI assistant offers real-time order insights to businesses. This ex...
- Upmarket invasion: How India's quick commerce giants are crowding out specialist gourmet playersIndian quick-commerce platforms are now targeting affluent households with premium products. This strategic shift aims to improve profitabi...
- BigBasket trims footprint as new CEO takes on profitability mandateBigBasket's new chief executive Amit Nanda, a former Amazon India executive, has been tasked with making the business profitable amid inten...
- Quick commerce platforms gear up for gourmet grocery warQuick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offe...
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