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INSTAMART REBRANDING
Instamart partners with Bharat Organics to bring certified organic staples to Indian homesInstamart has partnered with Bharat Organics, facilitated by an MoU with NCOL, to offer 21 certified organic staples to consumers in major ...- Instamart drops parent 'Swiggy' in re-branding move for quick commerce platformInstamart has unveiled a fresh logo, which contains the Swiggy 'S-Pin' icon as "a subtle tribute to the brand's origins", the company infor...
- Can Zomato shares hit Rs 310? Bernstein sees 35% upside despite quick commerce lossesZomato's shares could rise by 35% to Rs 310, according to Bernstein, due to its dominance in India's quick commerce space, expansion throug...
- Flipkart’s fast lane frenzy; Zomato’s going EternalHappy Friday! Flipkart is doubling down on its quick commerce play ahead of its flagship Big Billion Days event. This and more in today’s E...
- Zomato launches 15-minute food delivery offeringThe service, covering restaurants in a limited radius of 1.5-2 km, has so far been rolled out only across a few regions. According to sourc...
- Grofers founder says quick-commerce model has path to profitabilityGrofers to deliver non-grocery in 10 mins too, aims $1 billion annual GMV run-rate by March 2022
- BigBasket reports 6% increase in FY24 consolidated operating revenue at Rs 10,062 croreA significant part of the expenditure was attributed to purchase of stock-in-trade, amounting to Rs 8,339 crore (Rs 8,016 crore in FY23), e...
- RBI's mandate for fintech SRO; Instamart’s new CEOThe Reserve Bank of India (RBI) expects self-regulatory organisations (SROs) to safeguard consumer interest and ensure responsible growth i...
- Ola’s plans around EVs, quick commerce, more out on Independence DayOla Cabs rebranded itself as Ola Consumer to go beyond ride-hailing and also launched fully automated dark stores for use by ONDC. On Indep...
- SuprDaily founder Puneet Kumar joins Nexus as venture partnerKumar joining Nexus Venture Partners adds to a long list of top personnel changes at venture firms in India over the last 8-10 months. He w...
- Swiggy merges InsanelyGood with InstamartInsanelyGood currently operates in Bengaluru only after a scaledown from six cities last year to reduce cash burn. Orders placed on the ser...
- Swiggy integrates morning delivery service InsanelyGood with main appThe service is intended to be operated only in Bengaluru for the foreseeable future, a person aware of the matter said.
- 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.
- Swiggy to waive commission from new restaurants for a monthSwiggy said restaurant partners can potentially save up to Rs 20,000 through this initiative.
- ETtech Long Read: Quick commerce may find it tough to bag new users, investors in 2023The tough funding environment is taking a toll on the rapidly evolving quick commerce segment, and the year ahead could be about getting by...
- Meesho lays off over 150 employees from grocery biz as it restructures vertical“As we look to boost efficiencies in the light of the integration, a small number of full-time roles and certain third-party positions on s...
- Meesho rebrands Farmiso to Superstore, to integrate with main appMeesho will integrate Farmiso, its grocery division, into its core application by the first week of May. It will also be renamed Meesho Sup...
- Blinkit temporarily halts operations in areas where it can’t deliver in 10 minutes“We expect this to impact around 75,000 of the 200,000 dailly customers we are serving,” Blinkit’s cofounder Albinder Dhindsa says in a Twi...
- Tata courts Microsoft for digital dream; Grofers pivots to quick commerceTata is in talks to bring in Microsoft as an anchor investor for its new digital platform.
- Grofers rebrands as Blinkit to underscore quick commerce focusGrofers has rebranded as Blinkit to indicate its focus on the fast-growing quick commerce space in India. The company now claims to be proc...
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