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Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO
Edtech unicorn Physics Wallah said Thursday it has named a former Blinkit executive as its chief finance officer (CFO), making ......
Consumer
Reliance plays catch-up to ride India quick commerce wave
Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change how his retail empire ......
TMT
Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......
General
Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India
Swiggy will direct a large portion of the proceeds from its upcoming $1.25 billion (Rs 10,490 crore) initial public offering (IPO) ......
TMT
Zomato posts higher Q1 net profit as grocery delivery business shines
India's Zomato reported a bigger-than-expected increase in quarterly profit on Thursday, boosted by strong demand for its food and grocery ......
TMT
Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom
In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to deliver orders within 10 ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
TMT
Zomato posts net profit in Q3, revenue from quick commerce more than doubles
Indian food delivery platform Zomato reported a quarterly profit that beat market expectations on Thursday, aided by increased demand during ......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......
Finance
Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves
Food delivery platform Zomato narrowed its net loss for the quarter ended 31 March 2023 to Rs 188.2 crore against ......
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