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Swiggy's Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report
Swiggy's much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the "crorepati" club, with the food delivery and quick commerce major's listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers.
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'Our Price, Only...': Bengaluru Vendor's Challenge To Quick Commerce Giants Goes Viral
While the apps were selling the coconut between Rs 70 to 80, the vendor said he charged only Rs 55.
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NDTV World Summit 2024: Quick Commerce To Be Not So Quick? Entrepreneur Sudhakar Adapa Explains
Sudhakar Adapa, founder and CEO of BIA Brands, explained the difference between e-commerce and quick commerce and how quick commerce will have to be 'not so quick to become sustainable.
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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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Distributors Seek Probe Against Blinkit, Swiggy, Zepto Over "Predatory Pricing"
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.
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Zepto Sells Over One Lakh Dandiya Sticks During Navratri
With Navratri festivities drawing to a close, quick commerce firm Zepto co-founder and CEO Aadit Palicha took to LinkedIn to inform that the platform sold over 1 Lakh dandiya sticks during the season.
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Swiggy Files Draft Papers For IPO, Targets $10 Billion Valuation
Food delivery and quick commerce giant Swiggy is targeting a $10 billion or 83,365 crore valuation with a Rs 10,000-crore initial public offering (IPO). Out of this, the company seeks to raise Rs 3,750 crore from fresh issues.
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31% Of Urban Indians Now Use Quick Commerce For Grocery: Survey
Quick commerce has emerged as a pivotal growth driver in grocery shopping as 31 per cent of online shoppers now rely on instant delivery platforms and 39 per cent for their top-up purchases, according to a report from NielsenIQ (NIQ).
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Opinion | How Amazon And Flipkart Missed The '10-Minute' Bus
With India's young and middle-class shoppers expecting everything - from groceries to electronics - delivered in under 10 minutes, quick-commerce has gone mainstream.
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Meet Kaivalya Vohra, Youngest Indian On Hurun Rich List 2024
Kaivalya Vohra, co-founder of quick commerce app Zepto, is the youngest to feature on the list of richest Indians released by Hurun.
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Amitabh Bachchan's Family Invests in Swiggy, Buys Shares Held By Employees
Amitabh Bachchan's family office has acquired a minority stake in food delivery and quick commerce app Swiggy, according to reports.
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40% Jump In Quick Commerce Spending During T20 World Cup Final: Report
Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
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On Rose Day, Blinkit Sees Record-Breaking Sales Of Flowers, Says CEO As Valentine's Week Begins
Blinkit CEO Albinder Dhindsa revealed that the quick commerce company had delivered more roses by 11 am than it did all day in 2023.
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Zomato Turns Profitable, Reports First-Ever Quarterly Gain
Zomato reported its first quarterly profit on Thursday, helped by a tax gain and strong orders on its food delivery and quick commerce platforms.
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Zomato Says Most Strike-Hit Blinkit Stores Have Resumed Operations
Most of the stores of quick commerce player Blinkit have resumed operations after being affected by strike of delivery partners, according to a regulatory filing by Zomato.
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Swiggy's Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report
Swiggy's much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the "crorepati" club, with the food delivery and quick commerce major's listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers.
-
'Our Price, Only...': Bengaluru Vendor's Challenge To Quick Commerce Giants Goes Viral
While the apps were selling the coconut between Rs 70 to 80, the vendor said he charged only Rs 55.
-
NDTV World Summit 2024: Quick Commerce To Be Not So Quick? Entrepreneur Sudhakar Adapa Explains
Sudhakar Adapa, founder and CEO of BIA Brands, explained the difference between e-commerce and quick commerce and how quick commerce will have to be 'not so quick to become sustainable.
-
Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
-
Distributors Seek Probe Against Blinkit, Swiggy, Zepto Over "Predatory Pricing"
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.
-
Zepto Sells Over One Lakh Dandiya Sticks During Navratri
With Navratri festivities drawing to a close, quick commerce firm Zepto co-founder and CEO Aadit Palicha took to LinkedIn to inform that the platform sold over 1 Lakh dandiya sticks during the season.
-
Swiggy Files Draft Papers For IPO, Targets $10 Billion Valuation
Food delivery and quick commerce giant Swiggy is targeting a $10 billion or 83,365 crore valuation with a Rs 10,000-crore initial public offering (IPO). Out of this, the company seeks to raise Rs 3,750 crore from fresh issues.
-
31% Of Urban Indians Now Use Quick Commerce For Grocery: Survey
Quick commerce has emerged as a pivotal growth driver in grocery shopping as 31 per cent of online shoppers now rely on instant delivery platforms and 39 per cent for their top-up purchases, according to a report from NielsenIQ (NIQ).
-
Opinion | How Amazon And Flipkart Missed The '10-Minute' Bus
With India's young and middle-class shoppers expecting everything - from groceries to electronics - delivered in under 10 minutes, quick-commerce has gone mainstream.
-
Meet Kaivalya Vohra, Youngest Indian On Hurun Rich List 2024
Kaivalya Vohra, co-founder of quick commerce app Zepto, is the youngest to feature on the list of richest Indians released by Hurun.
-
Amitabh Bachchan's Family Invests in Swiggy, Buys Shares Held By Employees
Amitabh Bachchan's family office has acquired a minority stake in food delivery and quick commerce app Swiggy, according to reports.
-
40% Jump In Quick Commerce Spending During T20 World Cup Final: Report
Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
-
On Rose Day, Blinkit Sees Record-Breaking Sales Of Flowers, Says CEO As Valentine's Week Begins
Blinkit CEO Albinder Dhindsa revealed that the quick commerce company had delivered more roses by 11 am than it did all day in 2023.
-
Zomato Turns Profitable, Reports First-Ever Quarterly Gain
Zomato reported its first quarterly profit on Thursday, helped by a tax gain and strong orders on its food delivery and quick commerce platforms.
-
Zomato Says Most Strike-Hit Blinkit Stores Have Resumed Operations
Most of the stores of quick commerce player Blinkit have resumed operations after being affected by strike of delivery partners, according to a regulatory filing by Zomato.
