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MAGICPIN SERVICES
Swiggy, magicpin say delivery times improving as gig workers return to citiesDelivery times are improving as gig workers return to cities. This follows the recent state elections and the peak harvest season. Food del...
Magicpin launches AI assistant ‘Vera’; commits $1 million to build AI stackMagicpin has launched AI assistant ‘Vera’ and is investing $1 million to support small retailers. The tool helps businesses manage online p...
Magicpin forays into metro ticket booking spaceThe service is already available with its peers Paytm, Amazon, PhonePe, Rapido and others. Magicpin CEO and cofounder Anshoo Sharma said th...
Magicpin eyes 5 lakh customers for food delivery vertical Inner Circle by year-endMagicpin aims to enrol 5 lakh students and corporate users on its new food delivery service, Inner Circle, by December. Launched in Septemb...
Swiggy, Zomato deliveries to cost more from Sept 22. Finance Ministry explains the why & how behind itFrom September 22, food delivery via Zomato, Swiggy and Magicpin will cost more as 18% GST applies on delivery charges, adding Rs 2–2.6 per...
Food delivery service MagicNow powers Magicpin’s hyperlocal growth; eyes 20% order share by FY26The hyperlocal ecommerce startup, Magicpin, is doubling down on 15-minute food delivery as the segment shows 10% higher monthly retention t...
Zomato shares in focus after Magicpin plans to go public in 2025Magicpin, supported by Zomato, aims to go public in 2025. The company will enter the quick commerce segment for food delivery under the mag...
Magicpin records 15x order growth on ONDC network in 15 months, crosses 1.5 lakh daily orders"In about 1.5 years, we have double-digit market share in major cities, with more than 10 per cent market share in key markets like Delhi o...
Magicpin cofounder Brij Bhushan joins Prime Venture PartnersBrij Bhushan, who was previously the vice president at Nexus Venture Partners, will be a key part of Prime's investment team and will manag...
Magicpin reports 100% annual increase in brand onboardingMagicpin, an offline fashion discovery platform, has seen a 100% year-on-year increase in brand on-boarding, adding 1000 brands across fash...
Ola eyes grocery and fashion foray on ONDCOla expands e-commerce via ONDC, adding groceries and fashion. Uber may use ONDC for diversification. Ola sees profitability with Rs 250 cr...
Tata Neu goes live on ONDC F&B in Delhi-NCR, BengaluruTata Neu, the superapp of Tata Group, also plans to reach more cities in May, sources told ET. ONDC already features two Tata enterprises o...
Magicpin plans to deliver 100,000 orders dailyUnder Velocity, magicpin acts as an aggregator of its 3PL partners such as Shadowfax, Dunzo, Rapido, Porter, OLA, Zypp etc for the supply b...
magicpin crosses 30,000 order a day, retains biggest seller tag on ONDCThe company said after breaching 20,000 orders a day milestone last month, magicpin within the next four weeks, has now crossed 30,000 orde...
ONDC benefits may not be enough to offset Zomato, Swiggy scale: JefferiesIt is unsustainable for ONDC-enabled apps to offer higher discounts or lower delivery charges in the absence of the incentives funded by th...
Magicpin reports 100% growth in daily orders on ONDC networkMagicpin, discovery and discount platform for offline and physical retail has reported 100% growth in daily orders on the ONDC network week...
Government’s ONDC arrives with a price war taking on food-delivery majors Zomato, SwiggyPrices on brands such as McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day are at 30-80% discounts on ONDC or...
Magicpin scales up to 10,000 orders per day on ONDC networkMagicpin had in early April announced that it had on-boarded over 25,000 food merchants from its network of local restaurants while making ...
magicpin strengthens leadership team with two senior hiresThe company helps large brands maximise profitability and customer delight using its unique combination of rewards and business analytics w...
Magicpin announces Series A investment of up to $3 million from LightspeedMagicpin creates online communities of users and merchants that drive and visually capture the local buzz, activities and transactions.