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INSTAMART FINANCING
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
India’s agentic boom tests regulators; Qcomm growth hits brakesHappy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investorsQuick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying comp...
Zepto vs rivals; Cybersecurity goes outsourcedAs Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today...
Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
Swiggy to appoint two separate heads of finance for Instamart and food deliverySwiggy is restructuring its organisation and is set to appoint two new vice presidents to oversee finance for Instamart and its food delive...
Swiggy shares rebound 28% from 52-week low ahead of Q1 earnings. What analysts say?Swiggy's shares are recovering before the Q1FY26 results. The stock rose 27.9% from its low in May. Kotak Institutional Equities lowered it...
Swiggy SVP Saurav Goyal to lead driver and delivery divisionGoyal, who currently leads business finance at the quick commerce platform, will now spearhead all initiatives supporting delivery partners...
Flipkart may limit its quick commerce expansion to top cities to reduce burnFlipkart is limiting the expansion plans of its quick commerce unit, Flipkart Minutes, as it looks to add new dark stores only in the top s...
Zepto nears $4 billion annualised gross order value, halves burn rateZepto CEO Aadit Palicha announced that the company is nearing $4 billion in annualised gross order value (GOV), reflecting 300% year-on-yea...
Budget 2025: Gig workers to get identity cards, healthcare by govtThe quick commerce sector in the country has seen massive expansion over the past year and 10-minute grocery delivery firms such as Zomato-...
Blinkit appoints former Flipkart executive Vipin Kapooria as CFOZomato-owned quick-commerce platform Blinkit has a new CFO. Vipin Kapooria will oversee finances for the quick-commerce platform. Zomato re...
Swiggy IPO anchor book oversubscribed 25x; bids for over $15 billion received from global, domestic investorsThe anchor book bids underscore the growing potential of Swiggy's fast-growing quick commerce business, Instamart, and its long-term growth...
Infosys Q4 earnings; layoffs at Good Glamm groupIndia’s second-largest IT company Infosys posted upbeat results for the fourth quarter. More numbers in today’s ETtech Top 5.
Swiggy's valuation rises to $10.7 billion after $700-million fundraiseWith the latest fundraise, Swiggy’s valuation has overtaken Zomato’s current market cap. In the process, the food-delivery major has also e...
Swiggy’s Instamart now has over two million transacting usersInstamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru....