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INSTAMART LEADERSHIP CHANGES
Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejigQuick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reaso...- In most aggressive phase of India expansion; here for long-term market wins: Amazon India headAmazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already commi...
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- 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 ...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Blinkit lands at Mumbai Airport, but not for all flyersBlinkit has launched its services at Chhatrapati Shivaji Maharaj International Airport, with availability at Terminal 2 for domestic depart...
- Quick commerce market heats up; Blinkit drops delivery fees in select marketsBlinkit has cut delivery fees in select micro-markets like Gurgaon, Bengaluru and Mumbai to stay competitive against Amazon Now and Flipkar...
- Nuvama initiates coverage on Swiggy with ‘Buy’ rating, sets target at Rs 510 on strong food delivery momentumNuvama Institutional Equities initiated coverage on Swiggy with a ‘Buy’ rating and a target price of ₹510, citing its strong scale, improvi...
- Order now! With Zomato & Swiggy soaring, which stock should be in your portfolio?Zomato and Swiggy have experienced significant growth, fueled by strong order volumes and improved quick commerce prospects. While GST rule...
- Flipkart appoints ex-Google executive Balaji Thiagarajan as chief technology and product officerWith a career spanning more than 25 years, Thiagarajan has worked across product, platform, and technology in a diverse range of companies,...
- Not just groceries: Blinkit, Zepto & others turn festive bazaars on your phoneQuick commerce platforms in India, including BigBasket, Zepto, and Swiggy Instamart, experienced a surge in sales during Raksha Bandhan and...
- 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...
- Zepto drops Kiranakart tag in rebranding exerciseThe move comes when Zepto is planning to file its draft papers for an IPO by the end of April. The IPO size is estimated at between $800 mi...
- Quick commerce war expands into battle for leadership talentPoaching is rampant and Rs 2-3 crore salaries plus millions in stocks are on offer for top talent as the likes of Swiggy Instamart, Zepto, ...
- 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 CTO Dale Vaz resigns, to be replaced by senior VP Madhusudan RaoThe development comes just days after Karthik Gurumurthy, head of Swiggy’s quick-commerce vertical, Instamart, said he would step aside fro...
- Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...
- Why PhonePe-ZestMoney deal fell through; top leadership changes at Swiggy InstamartPhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple peop...
- Exclusive: Swiggy Instamart head Karthik Gurumurthy to step aside; cofounder Phani Kishan to take over bizGurumurthy is likely to be heading a new business in the broader ecommerce space at Swiggy. Internally, it is being called Instamart Max.
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