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
Quick commerce is reshaping India's online retail landscape, with companies racing to tap into a market that could reach $100 billion by 2030
Swiggy has introduced a new '99 Store' feature on its app, offering single-serve meals at just ₹99 in over 175 Indian cities. The is designed to attract Gen Z users and budget-conscious customers.
The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options
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
Swiggy shares gained 4 per cent in trade and nearly 7 per cent in two days amid expectations on healthy quick commerce business growth
Goyal, who led business finance and contributed to Swiggy's IPO, will now oversee delivery operations and drive partner empowerment as part of leadership transition
Swiggy, Mazagon Dock, Hitachi Energy, and Waaree Energies may join MSCI Index in August review, attracting $850 million in passive inflows
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
Rapido enter food delivery segment; what does its imply for Zomato (Eternal) and Swiggy shares? Elara Capital decodes
Ride-hailing firms have previously struggled with high costs and thin margins, raising questions about the long-term profitability of the segment as Rapido enters the food delivery space
The market rebound from April lows has turned attention to capital market-linked stocks. BSE, Central Depository Services, and DAM Capital Advisors have each jumped over 30 per cent in the past month
Shares of Eternal (formerly known as Zomato) and Swiggy rallied up to 6 per cent on the BSE in Thursday's intra-day deal, and traded higher for the second straight day.
Swiggy-owned quick commerce platform Instamart on Friday announced the appointment of Ankit Jain as Senior Vice President - Operations, including supply chain management, dark store operations, delivery experience and network expansion. Ankit recently served as the Senior Vice President, Head of Grocery and Large Supply Chain as well as Ekart Design at Flipkart. The company's operations have seen strong momentum over the past few months -- enabling its presence in more than 120 cities, expanding into new categories and scaling our infrastructure with the record addition of more than 300 dark stores and mega pods last quarter, according to a senior company official. "Ankit's deep, hands-on experience across e-commerce, retail, and FMCG will be a strong force in further strengthening our operations, leading the way in delivery speed, availability, and assortment for our consumers, Instamart CEO Amitesh Jha said. Prior to Flipkart, Ankit spent over 14 years at Unilever, holding variou
His appointment comes at a time when the company has undergone a brand revamp, marking a clear move to position Instamart as an independent brand
Amfi semi-annual categorisation is expected in the first week of July, and will take effect from August 1, 2025, according to Nuvama
he offers include Swiggy One membership at discounted price, flat discount of Rs. 125 to Rs. 200 on food delivery orders, flat 20% off on large/ party orders on the food delivery app.
Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.
Zepto's Aadit Palicha claims a rival CFO is running a smear campaign to undermine its rapid Ebitda gains and aggressive dark store expansion
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