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 and Zepto resume operations at closed facilities in Maharashtra after securing food safety licences and complying with corrective actions ordered by the FDA
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 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
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
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
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 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
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
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
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 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
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
Airtel partners with Blinkit to offer 10-minute SIM card delivery in 16 cities; service includes prepaid, postpaid, and number portability with Aadhaar-based eKYC
Blinkit has recently expanded its 10-minute delivery services to include a variety of new offerings
The stock hit an intra-day low of Rs 199.75 and has corrected 34% from its 52-week high of Rs 304.50 on concerns around increasing cash burns in Quick Commerce.
Blinkit and Zepto are increasing commissions on sellers and brands to boost revenue amid fierce competition and rising costs, as both platforms push for profitability and market dominance
Quick commerce player Blinkit has started delivering Apple products, including MacBook Air, iPad and AirPods, within 10 minutes in select cities in India, its founder & CEO Albinder Dhindsa said on Thursday. In a post on X, he said consumers can now get MacBook Air, iPad, AirPods, Apple Watch, and other Apple accessories delivered in 10 minutes. "We've started delivering in - Delhi NCR, Mumbai, Hyderabad, Pune, Lucknow, Ahmedabad, Chandigarh, Chennai, Jaipur, Bengaluru and Kolkata," he wrote. In the quarter that ended December 31, 2024, the quick commerce business of Zomato incurred a Rs 103 crore loss largely on account of pulling forward the growth investments. In the letter to shareholders, Zomato stated that the company expects the losses in quick commerce business under Blinkit to continue in the near term due to the investments. While intensifying competition accelerated customer awareness and adoption of quick commerce, Dhindsa had noted that it led to a pause in margin ...
Professor Agrawal described the basic life support services provided to the patient in the ambulance before being brought to the AIIMS Trauma Centre
Quick commerce platforms like Blinkit, Instamart, and Zepto have become household names, delivering groceries and essentials in record time.