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ZEPTO MEAT BUSINESS
Ride-hailing firm inDrive forays into grocery delivery in Pak, launches in-app ads in top marketsAdvertising on inDrive is being unveiled across Mexico, Colombia, Pakistan, Kazakhstan, Egypt, and Morocco. This will focus on in-app ads d...
Amazon Now plans to open two new micro-fulfillment centers a day, targeting over 300 by year endAmazon is aggressively expanding its quick commerce service, Amazon Now, aiming for over 300 dark stores by year-end by opening two new loc...
Zepto’s meat business CEO Chandan Rungta quits less than a year after joiningChandan Rungta, CEO of Zepto’s meat division, has resigned less than a year after joining in December 2024. His exit in September follows s...
Amazon Now expands quick commerce offering in Delhi after BengaluruAmazon has expanded its quick commerce service, Amazon Now, to parts of Delhi after launching in Bengaluru. Targeting rapid delivery of dai...
Non-grocery items deliver bright growth to dark storesQuick-commerce platforms like Zepto, Swiggy Instamart and Blinkit are seeing rapid growth in the sale of non-grocery items as they continue...
ETtech in-depth | Lacking bite and funding, online meat ecosystem returns to the drawing boardThe potential from low online penetration and lack of organisation has seen marquee investors such as Temasek, Prosus, Tiger Global, 3one4 ...
Cash-strapped quick commerce startup Dunzo eyes $20 million more from Reliance RetailReliance Retail owns a 25.8% stake in Dunzo, while Google holds just under 20%. Reliance Retail’s shareholding is expected to increase in t...
Reliance-backed Dunzo may cut more jobs; defers 50% of June salary amid cash crunchDunzo has already cut jobs twice this year. In April it fired 30% of its workforce, or more than 300 people, and simultaneously planned a s...
Exclusive: Dunzo secures funding via convertible notes, lays off 30% of staffAbout $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.
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...
Exclusive: Dunzo eyes $100 million via convertible notes amid tough equity funding marketReliance-backed co latest to tap alternative routes to secure funds. The round is in advanced stages of closure and could finally settle in...
Exclusive | BigBasket raises $200 million from Tata Digital, others; valuation hits $3.2 billionCEO Hari Menon outlines quick commerce expansion, bringing 1mg on its app . The funding takes e-grocer’s valuation to $3.2 billion.
Zomato, Blinkit likely to merge (at last); Amazon-Future talks failThe acquisition will give Zomato firepower in its fight with Swiggy’s Instamart, and will make SoftBank, one of Swiggy’s biggest backers, a...
Ashneer Grover resigns from BharatPe; Step up for Amazon’s Amit AgarwalManish Tiwary, vice-president of the web retailer’s consumer business, will oversee day-to-day functions, but Agarwal will continue to head...
Flipkart’s priorities in 2022; crypto firms seek tax clarityFlipkart will put diversification on hold and focus on key verticals like grocery, hyperlocal deliveries and value-focussed ecommerce this ...
Why cold chain is the key to strengthening our fragile supply chainFY 22-23 could be an unprecedented year of growth for the cold chain players in India. They need to work collaboratively and bank on each o...
Swiggy earmarks $700 million for Instamart amid instant grocery wars“We think that is the size of ammunition that we need to deploy to be able to do justice to this (online grocery) category,” Swiggy CEO Sri...
BigBasket jumps into buzzy quick delivery segment; will bring all grocery services in one appBB Now, expected to be launched around the middle of December, will be part of BigBasket and the company has also started work to bring its...
Udaan gets going on groceries; crypto players feel the heatScrappy B2B ecommerce upstart Udaan and Tata Digital-owned BigBasket are taking different approaches to corner as much as possible of India...