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QUICK COMMERCE SECTOR
Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...- Nestlé cooks up 35.6% export growth as Maggi finds new global shelves amid war jittersIn the June quarter, Nestlé India achieved a remarkable export increase of 35.6%. The launch of new Maggi variants in Canada and Europe pla...
- Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscapeEternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expectEternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investo...
- Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennialsIndia's speciality tea market has tripled to ₹1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea pre...
- Bharatgas introduces Lite ZIP, a next-generation lightweight LPG cylinder, to expand to 100 cities by August 15Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections ...
- Q1 earnings this week: Infosys, Eternal, Bajaj Auto among 256 companies set to announce June quarter resultsThe Q1 FY27 earnings season gathers momentum this week, with 256 companies scheduled to announce their April-June quarter results. Key name...
- Quick commerce firms deepen battle for orders in the same pin codes: ReportQuick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipkart Minutes, and Amazon Now signifi...
- Zepto may cut IPO size by 20%; investor bids peg valuation at $3.5-4 billion: sourcesZepto is expected to announce its price band over the next seven to eight days, another person said. Sebi rules require companies to refile...
- Zepto brings back subscription via invite-only club membership programmeZepto has introduced an invite-only paid membership program called Zepto Club. This new offering provides members with flat five percent ca...
- Zepto IPO anchor book nears closure; Norges, Motilal Oswal may take 40-45%In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial publi...
- Logistics firms set for strong Q1 revenue growth despite margin pressureLogistics sector revenue is poised for healthy growth in the June quarter. This expansion is driven by e-commerce demand and increased supp...
- India’s food processing sector a US $600 billion opportunity by 2030; Quick Commerce a game changer: Deloitte–FICCIIndia's processed food market is projected to reach six hundred billion dollars by 2030. Rising incomes and urbanization are driving this s...
- India's food processing sector enters value-led growth phase, offers USD 600 bn opportunity by 2030: ReportIndia's food processing sector is shifting towards value-led growth by 2030. This transformation will drive the industry to a USD 600 billi...
- Upmarket invasion: How India's quick commerce giants are crowding out specialist gourmet playersIndian quick-commerce platforms are now targeting affluent households with premium products. This strategic shift aims to improve profitabi...
- Quick commerce platforms gear up for gourmet grocery warQuick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offe...
- ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
- TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
- Retailer body seeks government action over Amazon, Flipkart's quick commerce pushThe All India Consumer Products Distributors Federation (AICPDF) said foreign-backed marketplace platforms must operate strictly within Ind...
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