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INSTAMART SLOWDOWN
Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...- 'It definitely feels doomed': Techie quits ‘toxic’ job for mental peace, now survives on Rs 25,000 construction workA former IT professional resigned for mental peace but now faces financial hardship. Months after quitting, they remain unemployed despite ...
- ETtech Explainer: Why is Swiggy stock tanking after its Q4 results?Swiggy's stock dipped 7% after reporting a 45% rise in Q4 FY26 revenue to Rs 6,383 crore and a narrowed net loss. Analysts cited a slowdown...
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Zepto gets Sebi nod for IPO; issue size pegged at Rs 8,000-9,000 crore: sourcesQuick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the nex...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- Quick commerce turning to reset lane as profit push tempers growth metricsAfter several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in t...
- Intense quick commerce competition ahead? UBS cuts Eternal, Swiggy’s target prices but sees attractive valuationsUBS reduced its FY27-29 quick commerce NOV estimates by 7-11% for Blinkit, and GOV estimates by 17-22% for Instamart.
- Zepto’s $450 million funding could increase competition, cash burn in industry: analystsQuick commerce platform Zepto closed a $450 million round in a mix of primary and secondary transactions on Thursday. Founder Adit Palicha ...
- Instamart's market share growth is self-driven, not rival-led: Swiggy group CEO MajetySwiggy Instamart's market position has improved due to its understanding of consumers and festive assortment, not just competitors slowing ...
- ET Soonicorns Summit 2025: Meat isn’t built for 10-minute delivery, say Licious foundersAt ET Soonicorns Summit 2025, Licious cofounders said quick commerce has reshaped demand but isn’t suited for perishable meat products. Wit...
- Instamart CEO sees quick commerce dominate shopping mode in five yearsQuick commerce penetration is extremely low, while consumer love for it is extremely high, said Amitesh Jha at the second edition of the In...
- India’s 10-minute delivery war now has global goliath Amazon expanding its gripAmazon is escalating India's quick commerce battle with 10-minute deliveries in Delhi, following its Bengaluru launch. This move intensifie...
- Blinkit, Instamart gain in quick commerce as Zepto stalls in Q1Blinkit and Instamart are projected to have expanded their market share in the quick commerce sector during the April-June quarter, while Z...
- Digital lending slowdown; Swiggy Instamart’s order size challengesHappy Thursday! Regulatory scrutiny is taking a toll on the growth of digital lending startups. This and more in today’s ETtech Morning Dis...
- Sales grow quickest via quick commerce for packaged good companiesSo, is it a matter of time before quick commerce catches up with the likes of Flipkart and Amazon? Perhaps not.
- Building Instamart has taken a toll: Outgoing head of Swiggy’s quick commerce business Karthik GurumurthyGurumurthy said some of Instamart’s dark stores, of which there are more than 300 across India, are already profitable.
- 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 lay off 380 Employees, says CEOThe food and grocery delivery company is the latest to join the swelling ranks of startups such as ShareChat, Dunzo, Rebel Foods, Hubilo, O...
- 10-minute delivery startups ready to defy downturn as demand surgesStartups like Swiggy Instamart, Zepto, and Reliance-backed Dunzo, etc are trying to defy the current slowdown, as they add more goods and d...
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