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QUICK COMMERCE UNICORN
Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFSQuick commerce firm Zepto's promoters will not dilute equity in its upcoming IPO, which aims to raise Rs 8,010 crore via fresh issue and an...- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- Blinkit, BB Now, Zepto deliver iPhone 16 within minutesThe US technology major launched the iPhone 16 series in the second week of September, and the phone became available today. The base varia...
- Next-gen e-commerce: BigBasket’s Hari Menon to track the quick-commerce surge and currency of speed amid big opportunities—register now to join the Fireside chat at ET Soonicorns Summit 2024At the ET Soonicorns Summit 2024, on September 20, learn from disruptors to take ownership of your startup’s journey and scale it to the ne...
- Scoop: DST Global, Lightspeed, others may join Zepto’s financing round valuing it at about $3 billionInvestors are bullish about the company, lured by the growing adoption of ultra-fast delivery platforms despite the high cash burn that typ...
- 2023 Year In Review: quick commerce was lapped up by the urban public, but has a long way to goWhile executives in the industry said that the public demand for quick commerce had been established, especially in urban and high-populati...
- Quick commerce startup Zepto raises over $31 million in extended funding roundThe fundraise was at the same valuation as the last funding round in August, when it raised $200 million at a $1.4 billion valuation, becom...
- ET Startup Awards 2023 | Solutions follow jobs as startups build for new India: IDFC First Bank CEO V VaidyanathanVaidyanathan lauded the Prime Minister Narendra Modi-led government for its efforts towards building a digital ecosystem — through initiati...
- Zepto elevates Ankit Agarwal to chief product officer positionAgarwal joined the company last year, and his elevation comes after the company recently raised $200 million in fresh capital, led by StepS...
- Blinkit partners with Apple reseller Unicorn to deliver iPhones and more in minutesUnicorn has 38 points of interaction nationwide, with Apple Mono Brand Stores and Apple Authorised Service Centers in Mumbai, Pune, Gurgaon...
- Grofers rebrands as Blinkit to underscore quick commerce focusGrofers has rebranded as Blinkit to indicate its focus on the fast-growing quick commerce space in India. The company now claims to be proc...
- Artificial intelligence-based Kiko TV raises funds from 9Unicorns, angel investorsThe entertainment app by the startup enables online retailers and influencers to create content for marketing, branding and sales while ena...
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