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Analysts highlight Meesho's zero-commission, asset-light business model, coupled with its multi-sided marketplace and logistics network
Analysts at SBI Securities and Arihant Capital have recommended that investors subscribe to the Meesho IPO with a long-term perspective.
Toxic air levels across northern India are pushing consumers to stock up on N95 masks, home and car air purifiers, driving a major surge in sales across e-commerce, quick commerce, and offline stores
Quick commerce major Zepto on Thursday said that it has raised USD 450 million (about Rs 3,757.5 crore) in a funding round led by the California Public Employees' Retirement System (CalPERS) at a valuation of USD 7 billion. The funding comes nearly a year after its USD 350 million funding round in November last year, which valued the firm at USD 5 billion. We've closed nearly USD 450 million, and most of that is primary. The valuation of the company was USD 7 billion by the time it closed. A couple of investors participated, but the largest cheque individually came from CalPERSWe are considering it a pre-IPO round, and we are hoping to file our IPO soon. We now have approximately USD 900 million of net cash in the bank and are more than well-capitalised for the future, Zepto CEO and Co-Founder Aadit Palicha told PTI. As the firm heads towards public listing, Palicha said domestic ownership within the company will soon increase to 40 per cent in a few weeks, from the current 12 per
Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout
Ethnic wear, beauty, and sportswear drive growth as smaller cities account for 70% of orders during Myntra's Big Fashion Festival, reflecting strong festive sentiment
The minister added that a detailed investigation has been initiated and steps are being taken to scrutinise these platforms closely
Shoppers spend 117 mn hours; prepaid orders up 57%, seller count and Tier-4 growth soar ahead of Diwali
The study attributes the momentum to a combination of factors like lower borrowing costs following repo rate cuts, pent-up demand, higher disposable incomes, and improved rural earnings
The shift is attributed to AI-led workforce restructuring, global trade uncertainties, and a strategic focus on retaining experienced talent in core industries
Chemists' body urges action against e-pharmacies, quick commerce apps for delivering high-risk drugs without checks, warning of rising misuse and youth addiction
From online marketplaces using data to harm local businesses to the suffering that lies behind the glossy growth story that startups tell, Vandana Vasudevan exposes the hard truth of platform economy
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
With 22 per cent women recruits and hires from across India, Myntra expands its logistics, delivery, and customer support workforce for the 22nd End of Reason Sale
Backed by the govt and billed as the UPI of commerce, ONDC promised disruption-but poor UX, exits, and fading incentives now threaten its momentum
Driven by rising demand for premium food, grooming tools, and subscriptions, Tier II and III cities are fuelling a pet care boom once limited to metros
The de minimis system allowed products and merchandise under $800 to enter the US without any duty and with minimal inspection
In contrast, the report said that access to markets and finance are the most significant challenges confronting non-integrated MSMEs in India
Bankers have pitched a valuation of $10 billion for Meesho's IPO with plans to file draft papers in the coming weeks, seeks listing by Diwali