Gurgaon-based Delhivery has started overseeing larger warehouses for Swiggy Instamart while Xpressbees is discussing partnerships with key players in the industry
With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022
Swiggy warehouses are mushrooming across India to deliver everything from milk and bananas to condoms and roses within minutes - a business model that is reshaping how Indians shop
Electric two-and three-wheeler battery swapping network operator Battery Smart said on Monday that it has entered into a partnership with e-grocery and quick commerce service platform Zepto as part of which it will provide delivery partners access to over 1,000 battery-swapping facilities. The tie-up will enable Zepto's two-minute battery swaps across more than 30 cities, besides helping it deploy 10,000 new electric vehicles (EVs) to its fleet in FY25, Battery Smart said. "We have partnered with Zepto to enable greener last-mile deliveries and empower more delivery partners to join the adoption of electric mobility. Zepto's growth over the past year has been remarkable, and now, with access to our growing network of swap stations, we look forward to seeing it scale even further by deploying more EVs to its fleet," said Yogiraj Gogia, Senior Director of Partnerships and fleet business, Battery Smart. Through this partnership, Battery Smart and Zepto will facilitate a seamless ...
Reliance's JioMart may begin offering deliveries within the next month, completing deliveries within 30 minutes
iD Fresh Food's sales from traditional e-commerce sales have declined by 25 per cent in the last two years
Akshaya Tritiya holds significant importance in Hindu culture, symbolising prosperity and abundance. The day is also considered auspicious for the purchase of gold and silver
The report emphasizes the burgeoning adoption of e-commerce in Tier-2 and beyond cities
Flipkart's ecommerce advantage might not come into play in quick commerce all that quickly
Zepto's daily and monthly active user growth annually is faster than rivals, but Blinkit has more customers than Zepto
Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders
According to industry sources, 15-20 minute deliveries provided by players such as Zepto, Instamart and Blinkit are taking a major portion of the sales of products away from Flipkart and Amazon
Quick commerce firm's plan is expected to get one million users in a month
Hiring among these startups increased by 20 per cent during the year compared to 2022. Moreover, they reported that the reduction in their workforce decreased by 7 per cent in 2023
In his new role, Mittal will be handling all verticals of engineering - customer facing, platforms and supply chain - at the company
In August this year, Zepto raised $200 million in a series E funding round at a $1.4 billion valuation to become a unicorn, ending an extended dry spell
Industry experts predict how GenAI, robots, virtual assistants will change the world
In contrast, Tata-owned BigBasket lost ground, seeing a 3 per cent decline in M-o-M MAU in November, and DMart Ready decreased by 2 per cent
"Quality of fruits and vegetables delivered via online platforms was always average and the return/refund process mostly painful, according to consumers," said Sachin Taparia, Founder of LocalCircles
On a year-on-year (Y-o-Y) basis, venture financing in the country fell from $3.3 billion in Q3CY22, according to data from KPMG's Venture Pulse Q3 2023 report