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Quick commerce driving blue-collar employment; India to see demand for 2.4 mn jobs by 2027

Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demandNew Delhi: The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers,...

Competition Comm seeks more info from complainant on allegations against Q-commerce companies

The complaint was submitted by the All India Consumer Products Distributors Federation (AICPDF) to the the commerce and industry ministryNew Delhi: The Competition Commission, which has received a complaint of anti-competitive practices against quick commerce companies, is waiting for...

Zepto delivers 2 crore snack packets between 12-4 AM to customers in 2024

Mumbai alone registered 3.15 million snack ordersNew Delhi: Zepto delivered around 2 crore packets of snacks between midnight and 4 AM to beat the late-night cravings of its customers in 2024 with Mumbai a city that never sleeps-- alone...

KiranaPro raises capital in seed funding round

The capital will be used to scale up KiranaPro's operational teams, strengthen its ONDC-enabled technology infrastructure, and launch its consumer appMumbai: Quick commerce startup KiranaPro on Wednesday said it has raised capital in a seed funding round.The platform also...

Quick commerce a challenge to retailers, will become political issue: Kotak

Kotak said that the protection for domestic players in the domestic market is "very dangerous" from a long-term competitiveness perspectiveMumbai: Financial services industry veteran Uday Kotak on Thursday said the successful quick commerce trade poses a challenge to retailers...

Quick commerce captures nearly half of Kirana sales; market projected to hit $40 billion by 2030

Quick commerce companies are outpacing traditional retailers, with 46 per cent of consumers surveyed reporting a cut in purchases from Kirana shopsNew Delhi: As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing...

Passion over profit drives Zepto’s $5 bn success: Founder Aadit Palicha

The 22-year-old entrepreneur said that despite working 80-100 hours a week, the Zepto team is fuelled by excitement about the platform they are building, not financial gainNew Delhi: A passion for building a transformative company, rather than a mere...

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Spencer’s Retail Q3 loss narrows to Rs 47.3 cr

The company had a "soft festive quarter concerning consumer spending," said Spencer's Retail in its investor presentationNew Delhi: Spencer's...
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