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Leading FMCG firms see two-fold rise in sales via quick commerce in FY24: Report

About 18 percent of consumers prefer purchasing food and beverage items from Q-commerce channelsNew Delhi: Leading FMCG firms reported a nearly two-fold increase in the share of quick commerce within their total e-commerce sales, and this surge is anticipated...

Q-commerce companies race to deliver iPhone 16 within minutes

Apple began selling the iPhone 16 series smartphones on 20 September, and quick commerce platforms like BlinkIt, Bigbasket, and Zepto started delivering them immediately after the official launchBengaluru: Quick commerce companies in India including BlinkIt, Bigbasket and Zepto are...

FMCG distributors raise concern over rapid growth of quick comm platforms

The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companiesNew Delhi: FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny.In...

Quick commerce platforms hit record sales on Raksha Bandhan

Blinkit, which holds about 40 per cent share of the quick commerce market, sold about 700 rakhis every minuteNew Delhi: Quick commerce platforms had a field day on the occasion of Rakshabandhan as the nation ditched exhaustive post-office shopping...

Go Zero Secures $1.5 Mn Follow-On Pre-Series A Funding

The funds will be used to expand its presence on quick commerce platforms along with expanding to Tier 1 cities New Delhi:  Ice cream brand Go Zero has raised $ 1.5 million in its follow-on pre-Series A funding round, the company...

Pet care brand Heads Up For Tails now accessible on q-commerce

Currently, the brand is live on Blinkit, with plans to launch on Zepto and Swiggy Instamart by July this yearBengaluru: Pet care brand Heads Up For Tails (HUFT) is set to expand its presence on Indian quick commerce platforms,...

Blinkit launches Franchise App to help franchise owners

This initiative will enhance the interaction between franchise owners and their customers Bengaluru: Quick commerce marketplace Blinkit has launched Blinkit Franchise App aimed at assisting its franchise owners across the country, a company official wrote on social media on Monday. Blinkit expects...

Swiggy to acquire retail distribution firm LYNK

The deal paves the way for Swiggy's entry into India's massive retail market with a technology-led distribution platformNew Delhi: Food and grocery delivery platform Swiggy on Thursday said it has entered into a definitive agreement to acquire LYNK Logistics...

Moonshot Distribution System to expand its omni-channel distribution network

The company is looking forward to acquiring four to five brands and enabling a few international brands to enter the Indian market by the end of the year Bengaluru: Moonshot, an Omni-channel DaaS (Distribution as a Service) company, aims to expand...

The Whole Truth raises $15 million in Series B funding

Led by Sequoia Capital India the round also saw participation from existing investors, including Matrix Partners India, Sauce.Vc. Angel, Nitin Kamath from Zerodha, Sriharsha Majety from Swiggy and Jaydeep Burman from Rebel FoodsNew Delhi: Food brand, The Whole Truth...
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Prithviraj Jewels opens new store in south extension

The South Extension store will feature a selection of fine diamond jewellery, including rings, bangles, bracelets, necklaces, and Polki...
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