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The rise and rise of quick commerce, but where's the profitability?

Finance

15 February, 2023

The rise and rise of quick commerce, but where's the profitability?

Addicted to laziness. That’s how Vidhi Maheshwari describes herself. It’s easy to see why. Recently, the digital media professional from ......

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MMG eyes foray into D2C biz

TMT

31 January, 2023

MMG eyes foray into D2C biz

MMG group, the parent of McDonald’s franchise partner for north and east India as well as a major bottler for ......

Google-backed Dunzo fires 3% staff

Consumer

16 January, 2023

Google-backed Dunzo fires 3% staff

Google-backed delivery platform Dunzo has laid off 3% of its workforce last week citing restructuring, joining the long list of ......

Milk tops chart of most-ordered groceries online: Report

Consumer

23 December, 2022

Milk tops chart of most-ordered groceries online: Report

As the popularity of quick commerce rose through the year, platforms such as Swiggy’s Instamart as well as Dunzo shared ......

Zepto unlikely to turn profitable in near term

TMT

22 November, 2022

Zepto unlikely to turn profitable in near term

Quick commerce platform Zepto does not expect to turn profitable in the near term, but is looking to turn cash ......

Amazon extends four-hour delivery to 50 locations in India

Consumer

23 September, 2022

Amazon extends four-hour delivery to 50 locations in India

Amazon India has expanded its same-day delivery option for Prime members, by taking it up a notch, to four-hour deliveries, ......

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BigBasket's hustle for buoyancy in a rapidly evolving quick commerce scenario

Consumer

26 July, 2022

BigBasket's hustle for buoyancy in a rapidly evolving quick commerce scenario

Aneesha Mathur started using the online grocery app BigBasket after she moved from Gurugram to Bengaluru in July 2021. That’s ......

Bigbasket's CHRO steps down to pursue personal interests

Consumer

06 July, 2022

Bigbasket's CHRO steps down to pursue personal interests

After 7 years of being chief human resources officer CHRO role at Bigbasket, T N Hari announced in a LinkedIn ......

Zomato to acquire Blinkit for $569 mn

Consumer

24 June, 2022

Zomato to acquire Blinkit for $569 mn

Online food aggregator and delivery platform Zomato on Friday said its board has agreed to acquire quick commerce startup Blinkit ......

Soonicorn Zepto raises $200 mn at valuation of $900 mn; aims to double hiring

Consumer

03 May, 2022

Soonicorn Zepto raises $200 mn at valuation of $900 mn; aims to double hiring

Kiranakart Technologies Pvt Ltd, which runs Zepto, a 10-minute grocery delivery app, has raised $200 million in a Series D ......