Blinkit's weekly user base of over 30 million within striking distance of Zomato; widens lead over Instamart and Zepto: CLSA
The gap between Blinkit and its closest peer in quick commerce has grown from 1.79 million weekly active users in early January to 7.7 million by late May, its highest ever, CLSA said.
Zepto auto-activates ad campaigns for inactive brands, sellers flag consent and billing concerns
Zepto informed sellers that it has proactively launched ad campaigns for them to help “maximize reach and performance.” However, sellers say the move, which appears to allow Zepto to automatically debit from pre-approved budgets or ad wallets, lacks transparency and raises concerns about platform overreach.
Meesho Mall brings P&G India, HUL, Himalaya brands to its platform amid rising personal care demand
The partnership will make brands like Pampers, Whisper, Head & Shoulders, Pantene, Gillette (P&G); Ponds, Dove, Vaseline, Sunsilk, Tresemme (HUL); and a range of Himalaya products available to Meesho’s user base, particularly in tier-2 and tier-3 cities.
VerSe Innovation rejects revenue manipulation allegations, says it did $80 million business with Builder.ai
Bengaluru-based tech unicorn terms claims of round-tripping “false, defamatory and irresponsible”
India’s quick commerce market to hit $57 billion by 2030 on rising demand beyond metros, says Morgan Stanley
By holding leadership positions in both food delivery and quick commerce, Eternal is uniquely positioned to dominate a growing profit pool, the brokerage noted.
Fast fashion, faster delivery: 30-minute style becomes quick commerce’s new obsession
Fueled by Gen Z’s demand for spontaneity and social media trends, startups and major platforms are racing to deliver the latest fashion in under 90 minutes, reshaping India’s quick commerce landscape.
Udaan raises $114 million in extended Series G round led by M&G and Lightspeed
Udaan said the fresh capital will be used to deepen its presence in fast-moving consumer goods (FMCG) and the HoReCa (Hotel, Restaurant, and Catering) segment, expand its private label brands in staples, and strengthen its balance sheet ahead of a potential public listing.
Flipkart won’t trade market share for profit, says Walmart International CEO
Kathryn McLay signaled continued bets on quick commerce, fashion and fintech despite tighter burn targets, while speaking at the Bernstein Annual Strategic Decisions Conference
Instamart appoints Flipkart’s Ankit Jain as SVP of operations
Jain will oversee end-to-end operations at Swiggy’s quick commerce business, including supply chain management, dark store operations, delivery experience, and network expansion.
Flipkart, Myntra get fresh funding from parent firm amid aggressive growth push
This marks Flipkart’s fourth internal funding round in just 14 months, as it scales its investments in quick commerce, fashion, fintech and artificial intelligence, while also working to significantly lower its burn and ramp up hiring.
BIS raids FirstCry warehouse for alleged sale of substandard toys, baby products worth Rs 1.43 crore
BIS officials discovered that several products were stored and sold with forged or misused ISI marks. A total of 36,924 units spanning 33 product varieties were seized during the operation
Flipkart to hire 5,000 employees this year amid quick commerce, fintech, AI push
Flipkart’s hiring plans, among the largest in recent years, are linked to the expansion of Minutes and Super.money, the management said at a townhall on May 26
Flipkart currently clocking 20–25% growth in customers, orders; aims for 30% by June: CEO Kalyan Krishnamurthy
From quick commerce and fashion-led growth to AI bets and an India domicile shift, Flipkart laid out its next playbook at its May 26 townhall
Pet food brand Drools claims unicorn status after Nestlé picks up minority stake
Nestlé’s entry comes after private equity firm L Catterton picked up a minority stake in Drools in June 2023. Despite the stake sale, Drools said it will continue to operate independently
Centre to meet e-commerce industry stakeholders on May 28 to address rising dark patterns
Platforms like Swiggy, Zomato, Flipkart, Meesho, Apple, Amazon, Ola, Paytm to attend stakeholder meeting in Delhi, chaired by Union Minister Pralhad Joshi
Byju’s app taken off Play Store, services disrupted amid AWS payment issues
Byju’s cloud service suspension affects app functionality, blocks access to paid content, and limits full website availability across platforms
Zepto Cafe pauses operations in 44 stores across North India due to supply and staff crunch
While the offerings are unavailable in 44 cities across the Delhi NCR belt, Agra, Meerut, Haridwar, Gorakhpur, Mohali, Amritsar and Ghaziabad regions, Zepto let go of a total of 15 kitchen staff as they did not report in to work.
Zepto delivery workers on strike for a fifth day in Hyderabad over ‘unfair pay, arbitrary penalties’
The protests, which began last weekend, have gathered momentum with delivery partners staging demonstrations outside Zepto dark stores in key locations such as Ramanthapur, and Boduppal.
India does not have a culture of excellence, says Cred's Kunal Shah
Kunal Shah said the ability to adapt will be critical for startups as emerging technologies like AI reshape industries such as BPO and IT services.
India worships founders like gods, but does 'visarjan' if things go south, says Cred’s Kunal Shah
He was answering a question on negative coverage of BluSmart founder allegedly diverting loans meant for funding BluSmart's electric vehicle purchases for personal use.
360 ONE Asset launches Rs 500 cr early-stage VC fund to back category-defining startups
Sameer Nath, CIO and Head of Private Equity and Venture Capital at 360 ONE Asset, said the firm aims to identify and shape the companies that will define the next generation of unicorns.
Swiggy Instamart doing well, happy about how they’ve grown: Prosus chief Fabricio Bloisi
Bloisi said India’s quick commerce market is still expanding with multiple players and highlighted Prosus’ support for Swiggy’s long-term growth.
Zepto’s new ‘Swap and Save’ feature draws D2C founders’ ire
D2C brands say Zepto’s new feature undercuts discovery and fuels ad spend, at a time when quick commerce platforms are ramping up their advertising businesses to drive growth.
Hot weather, hotter carts: Summer staples fly off quick commerce, e-commerce shelves
From ice creams, energy drinks, portable fans and ACs, India’s soaring temperatures are fuelling a digital dash for seasonal essentials across metros and small towns alike
