Page 3 - Blinkit

Q-comm orders soar to ₹64,000 cr in FY25, to touch ₹2 trillion by FY28

Indians ordered Rs 64,000 crore of goods from quick-commerce platforms like Blinkit and Instamart in FY25, more than double from the previous fiscal year's Rs 30,000 crore, a report said on Thursday. The gross order value (GOV) is estimated to grow more than three-times to touch Rs 2 lakh crore by FY28, the report by one of the arms of domestic rating agency, Careedge Ratings, said. The platforms pocketed revenue of Rs 10,500 crore from fees in FY25, which was huge growth from Rs 450 crore in FY22, the report said, adding that the revenues are expected to grow to Rs 34,500 crore by FY28. "This sharp increase is due to increased platform fees by major players, resulting in higher revenue realisation and a substantial increase in overall GOV," the report by Careedge Advisory said. Platforms are also shifting focus from hypergrowth to revive profitability, leveraging advertising, subscriptions, private labels, and tech-led inventory optimisation, it said. The 'take rate' which is the

FSSAI warns e-comm players against non-compliance with food safety norms

The warning was given at a meeting chaired by the FSSAI CEO G Kamala Vardhana Rao with more than 70 representatives of leading e-commerce platforms

Qcom thrives in metros but faces hurdles in smaller cities: Redseer

Despite quick commerce players extending operations to over 100 cities, Redseer notes that non-metro representatives of 90+ cities contribute just over 20 per cent of quick-commerce GMV

Ascendas Firstspace looking to enter qcom logistics warehousing mkt

Warehouses or dark stores larger than 3,000 sq ft would lead to longer time durations for quick commerce deliveries, affecting the business cases for players like Blinkit, Zepto, Instamart and others

Fast and now under fire: Quick-commerce firms face heat from regulators

According to a report by Blume Ventures, an early-stage venture fund, India's qcom market surged from $300 million in FY22 to an expected $7.1 billion in FY25

50% of Indians pay online convenience fees; 78% prefer free platforms

A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services

Quick commerce war intensifies as Amazon, Flipkart join the race | Business news

India’s quick commerce space is seeing an all-out price war. With Flipkart and Amazon jumping in, platforms are slashing prices to gain market share, even at the cost of ballooning losses.

Amazon's entry into quick commerce faces scale, recall challenges

Jefferies says Amazon's late entry, app integration strategy and limited brand recall may hinder its Q/C push in India despite competitive pricing and Prime perks

Blinkit, Zepto resume operations in Maharashtra after FDA licence clearance

Blinkit and Zepto resume operations at closed facilities in Maharashtra after securing food safety licences and complying with corrective actions ordered by the FDA

Quick commerce price war heats up as Amazon, Flipkart enter the fray

With deep-pocketed players entering the quick commerce space, platforms ramp up discounts to attract users, driving up cash burn and delaying paths to profitability

Flipkart CEO joins delivery run as firm scales quick-commerce push

Flipkart expands its Minutes unit with a fresh produce strategy, dark store rollout and tier-2, tier-3 penetration to compete with Blinkit, Zepto, and Swiggy Instamart

Govt to increase checks on quick commerce dark stores amid hygiene issues

FSSAI to lead surprise inspections as complaints about poor hygiene and expired products in dark stores mount; packaged food brands urge quick commerce platforms to improve standards

Maharashtra FDA orders closure of Blinkit dark store amid licence issues

Blinkit's Balewadi dark store ordered closed by Maharashtra FDA for lack of food licence and unhygienic conditions amid rising scrutiny of quick commerce platforms

After Zepto, FDA shuts Blinkit Pune store for no licence, improper storage

Earlier this month, the Maharashtra FDA suspended the food business licence of quick commerce unicorn Zepto in Dharavi, Mumbai citing non-compliance with food safety standards

Flipkart expands quick commerce to tier-2 and tier-3 cities nationwide

Flipkart Minutes aims to scale rapidly to 800 dark stores by year-end, using existing logistics to reach smaller cities and challenge Blinkit, Instamart, and Zepto

Blinkit delivery staff say IDs blocked after strike, restored on apology

Delivery partners said the company asked them to give written assurance against repeating such actions, warning it could take any action if they failed to comply

Zomato's parent Eternal Q4 net profit falls 78% to ₹39 cr, revenue up 64%

The company's revenue for the quarter rose 63.7 per cent year-on-year (Y-o-Y) to ₹5,833 crore in Q4, up from ₹3,562 crore a year earlier

Blinkit-Airtel SIM delivery paused as DoT asks telcos to abide by KYC norms

Just days after Blinkit-Airtel SIM home delivery was announced with much fanfare, the service has been put on hold, sources said. The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with, the sources said. The Telecom Department recently circulated a mail to various telecom service providers, saying "the existing self-KYC process, as per the extant instructions, shall be followed scrupulously." A person privy to the development said that the offering has been "put on hold, not discontinued". A quick search done on Blinkit for Airtel SIM returned no matches. A user on X penned a post saying: "Tried ordering an Airtel SIM via Blinkit. By the time I blinked... the service was discontinued ..." Emails sent to Airtel and quick commerce platform, Blinkit, seeking comments on the status of the launch announcement and whether or not the same have been discontinued, did not elicit any response. On April 15, Bhart

Flipkart board asks CEO to cut costs as monthly cash burn nears $40 million

Flipkart board directs CEO Kalyan Krishnamurthy to halve the company's monthly cash burn from $40 million to $20 million as firm eyes IPO and plans to shift legal base from Singapore to India

Airtel teams up with Blinkit to offer 10-minute SIM card home delivery

A first-of-its-kind service by a telco, the services are now live in 16 cities in the country, with plans to add more cities and towns over a period of time