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BLINKIT DARKSTORES
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...- 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...
- Food delivery startup Swish in talks to raise $30-35 million from Bain Capital Ventures, Accel: SourcesSwish is discussing a $30-35 million fundraise from Bain Capital Ventures along with existing investors including Accel, people in the know...
- 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...
- Quick commerce ups gig rider onboarding, monthly base accelerates 70-80%Aggressive scaling and surging order volumes have pushed quick commerce players to significantly ramp up hiring of last-mile delivery worke...
- Food delivery set for 20–22% GOV growth; Eternal & Swiggy top betsIndia’s food delivery and quick commerce sectors are heading into a renewed competitive phase as firms boost promotions and spending. Despi...
- Blinkit targets 3,000 dark stores by March 2027Blinkit aims to expand its network to 3,000 dark stores by March 2027, says CEO Albinder Dhindsa. This growth supports its lead in the 10-m...
- Rapido stake sale temporary solution for Swiggy cash burn, says JM FinancialSwiggy plans to sell its stake in Rapido to Prosus and WestBridge Capital. The sale aims to address Swiggy's balance sheet concerns. JM Fin...
- 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...
- 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...
- Maharashtra FDA suspends food licence of Blinkit dark store in PuneMaharashtra's FDA has suspended Blinkit's food license in Pune's Balewadi area due to regulatory non-compliance. An investigation revealed ...
- Can Zomato and Swiggy overcome profitability challenges amidst strong competition?In QC segment, while each of firms reported more than 2-fold rise in GOV and revenue, Zomato's QC service Blinkit outshone Swiggy's Instama...
- Blinkit, Instamart face rising competition, elusive profitability in Q4Zomato's Blinkit and Swiggy's Instamart face heightened competition in the quick commerce sector, impacting profitability. Both companies i...
- Zomato tanks over 10% on weaker numbers, drags Swiggy along, tooZomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer acquisition effor...
- Zepto sets up new marketplace entity amid restructuringSetting up Zepto Marketplace Pvt Ltd is part of the restructuring of the quick commerce firm to align with India's regulatory norms. It sig...
- We’re 100% compliant with FDI regulations; aim to be majority India-owned: Zepto’s Aadit PalichaMonthly cash burn expected to have topped $35 million, but Zepto's Palicha says company is multiplying on the scale of billions of dollars....
- Zepto bags $340 million in funding, valuation jumps to $5 billionZepto funding update: ET reported about quick commerce company Zepto finalising a $300 million funding round on August 12. This round value...
- D2C brands cough up 30-45% commission for a spot on quick-commerce platformsDirect-to-consumer (D2C) brands rushing to get listed on quick-commerce platforms are shelling out between 30-45% as commissions, compared ...
- JM Financial raises target price for Zomato by 30% to Rs 260JM Financial raised Zomato's price target to Rs 260 from Rs 200, citing Blinkit's rapid growth. The firm expects Blinkit to surpass Zomato'...
- 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...
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