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ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...- Pharmacy startup Plazza in talks to raise $12-15 million from Accel, Nexus, ElevationPlazza, a quick medicine delivery startup, is in talks to secure $12-15 million in funding. This new capital will help Plazza expand its ph...
- ETtech Explainer: Eternal’s older bets hover near breakeven as newer ventures burn cashEternal’s December-quarter results show uneven performance across businesses. Blinkit and Hyperpure improved, helped by inventory ownership...
- UBS cuts EBITDA estimates for Eternal, Swiggy for next 2-3 years. Here's whyUBS cut EBITDA estimates for Zomato-owner Eternal and Swiggy as quick commerce competition intensifies, widening discounts and delaying mar...
- Exclusive: Blinkit CEO on qcomm’s rising cash burn; Black Friday gala for etailersHappy Tuesday! Cash burn can turn public markets away from quick commerce, warns Blinkit CEO Albinder Dhindsa. This and more in today’s ETt...
- 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...
- Quick commerce platforms go all-in on festive discountsA fierce price war is erupting in the quick-commerce sector as platforms like Blinkit, Zepto, and Swiggy Instamart offer substantial discou...
- Until we can match Amazon or DoorDash, we haven’t won: Zepto CEO Aadit PalichaZepto CEO Aadit Palicha says the company is “not even close” to success, aiming to rival global giants like Amazon over the next 20–30 year...
- Regional food brands embrace quick commerce for nationwide reach amid festive surgeRegional and hyperlocal food and beverage brands are increasingly partnering with quick commerce platforms like Blinkit, Zepto, Swiggy Inst...
- UBS pegs $15.4 billion enterprise value to Zomato's Blinkit businessUBS valued Zomato at $32.1 billion – a 15% premium over its current market capitalisation of $27.8 billion. As of July, the brokerage firm ...
- A fast guy is pushing into omnichannel game. What can happen?Quick commerce has significantly impacted India's retail landscape, quickly becoming a key growth channel for FMCG companies. Originally do...
- Blinkit to increase warehouse count to 2,000 by 2026Blinkit, Zomato's quick commerce arm, is aiming to take its dark store tally to 2,000 by the end of 2026, the company said in its financial...
- At zero dark 100, Flipkart to fire up quick commerce in festive seasonFlipkart is set to open 100 dark stores before the Big Billion Days sale, entering the quick commerce arena. Competition with Zepto, Blinki...
- Human finger in ice cream: Food safety concerns keep quick commerce companies on their toesFood safety concerns have intensified for quick commerce companies in recent weeks, particularly after a disturbing incident in Mumbai wher...
- Ice cream nightmare highlights quick commerce's food safety issuesFood safety has become a concern in terms of quick commerce in recent weeks as a Mumbai customer found a human finger in Yummo brand ice-cr...
- Why Mukesh Ambani can't ignore a new consumer habitReliance Industries (RIL) chairman Mukesh Ambani is expanding the company's retail empire to include quick commerce services through JioMar...
- ETtech In-depth: Quick commerce is diversifying fast. It won’t be easyAs 10-minute delivery expands to include higher-value products, companies will soon realise that with big orders come big hurdles, say exec...
- Not in a hurry to add new categories; will focus on grocery: BigBasket CEO Hari MenonHari Menon told ET that BigBasket will only diversify into adjacent categories to grocery like kitchen and home appliances. Meanwhile, riva...
- Zomato plans for Blinkit to deliver more via ecommerceThis major push into the fast-growing direct-to-consumer space would entail Zomato building its own supply chain to directly source branded...
- Quick commerce apps nudge users to increase order sizesInstamart and Zepto have been trying to nudge users to increase their order size by offering incentives for orders above Rs 1,000. Meanwhil...
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