The Flipkart veteran–led startup is betting on premium groceries, higher order values, and a slower-but-leaner dark store model to carve space in India’s $6 billion quick commerce market.
As per the report, the quick commerce sector reached a total gross merchandise value (GOV) of $7 billion in 2024, up from just $1.6 billion in 2022
While ONDC's grocery orders remained relatively flat at 8 lakh in February, categories like Fashion and F&B saw a 21 percent and 10 percent month-on-month decline respectively.
The Statistics Ministry had written to quick commerce platforms to collect price information on certain grocery items
Sources also said that the ride-hailing app has already become the second biggest buyer side platform after Magicpin in the food category.
While Grocery as a category is key to increase the frequency of purchases, the margins are in single digits, unlike other categories.
In about two weeks, almost half of the Rs 2,000 currency notes in circulation, worth around Rs 1.8 lakh crore, came back to the banking system, the RBI informed recently.
Meesho founder and CEO Vidit Aatrey said an email to staffers that it is now faced with the hard truth of aligning people costs with the new projections for business.
In the US, shoppers at grocery stores are being greeted by a new fleet of souped-up smart carts that promise to help with everything from seamless checkout to dinner suggestions and best deals. But will people use them?
A grocery store that features thousands of products made entirely of discarded plastic opened up in the US. The store features regular grocery items with a twist. The store is designed to encourage visitors to think more about the enduring impact of single-use plastics. Watch the video to find out who is behind this art installation and why is it making waves.
ONDC is offering choices in terms of technology, payment and logistics that can easily help small businesses compete with larger players
The range of products available on Ola Dash include fresh produce, snacks, beverages, instant food, home care products, and cooking essentials.
This is the third time Ola is trying to experiment in this segment.
Many companies running Thrasio-like business models raised bigger-than-usual first institutional rounds
In October last year, Walmart and Flipkart Group had pumped in an undisclosed amount of funding in the Bengaluru-based company.
This is the third time Ola is trying to experiment in this segment. The plan is to set up 300 dark stores for grocery and convenience delivery by January.
The development comes soon after the company witnessed the sudden exit of co-founder Gaurav Gupta, who was the face of Zomato during the run-up to the initial public offering (IPO), leading discussions with the investors and the media.
What toll does hyperlocal delivery take on its workers? Do you really need your groceries delivered in 15 minutes? Is this a sustainable business model? These were some of questions answered by an ace panel of experts
Nutraceuticals are defined as any food-related product which provides medical or health benefits. This could range from food to beverages or even tablets with a claim of prevention or cure of chronic diseases.
Amazon’s More pickup service allows customers to book a two-hour slot for pickup from 6 am to 12 am midnight as per convenience.
"As consumers are spending more on fuel, it is crowding out expenses on health. Our analysis of SBI card spends indicates that spend on non-discretionary health expenditure has been substantially reduced to accommodate increased expenditure on fuel," Soumya Kanti Ghosh said.
Zomato IPO is set to open for subscription on July 14 and close on July 16.
Even as various states prescribe varying guidelines, e-commerce companies such as Amazon and Flipkart are in a spot given that there is no central list for what's essential and what's not.
Several retailers operating in the non-essentials segment have also invoked force majeure and would not be paying hefty rentals till their shops remain closed.
Flipkart’s grocery services are available across cities like Kolkata, Pune and Ahmedabad.