India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit, part of Deepinder Goyal-led Eternal Ltd. that also includes Zomato, is yet unprofitable, despite its cash pile, as it keeps investing to enter new markets. (Reuters) The quick-commerce model, which […]
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a move to gain firepower amid an intense quick-commerce rivalry in India. On 7 November 2025, Swiggy’s board approved plans to raise up to ₹10,000 crore through a QIP, subject to […]
Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.’s Instamart and Blinkit owned by Eternal Ltd. A Zepto delivery partner. Zepto, founded by Aadit Palicha and Kaivalya Vohra, is likely to revisit its IPO plans after the $450-million funding […]
Swiggy Instamart will deliver 1 gm gold to 1 kg silver at your doorstep within 10-15 minutes on Dhanteras day, adding yet another chapter to how quick commerce has evolved in the world’s fourth largest economy. Swiggy Instamart’s gold and silver delivery is limited to key metro cities only. (Representative Image/Bloomberg) The quick-commerce unit of […]
