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 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.
Kathryn McLay signaled continued bets on quick commerce, fashion and fintech despite tighter burn targets, while speaking at the Bernstein Annual Strategic Decisions Conference
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.
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 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’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
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
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
Platforms like Swiggy, Zomato, Flipkart, Meesho, Apple, Amazon, Ola, Paytm to attend stakeholder meeting in Delhi, chaired by Union Minister Pralhad Joshi
Byju’s cloud service suspension affects app functionality, blocks access to paid content, and limits full website availability across platforms
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.
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.
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.
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.
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.
Bloisi said India’s quick commerce market is still expanding with multiple players and highlighted Prosus’ support for Swiggy’s long-term growth.
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.
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
A top-heavy structure, better remuneration, different investing style, and a preference for investment in other stages of a business are among the key reasons why the middle layer leaves.
The company’s seed round comes shortly after Snabbit, a direct rival, secured $5.5 million in its Series A round from Elevation Capital, Nexus Venture Partners and others
The move comes amid a continued effort to streamline operations, cross-leverage talent across business units, and focus resources on growth segments, the company said in a statement on May 10.
The service will go live on May 16 and will be available to the thousands of brands currently listed on Zepto’s platform
Halting operations was part of a 'broader plan to reassess and reimagine its long-term approach', the company said.
