quick commerce platforms
FMCG
Leading FMCG firms see two-fold rise in sales via quick commerce in FY24: Report
PTI -
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...
Consumer Durables & IT
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
FMCG distributors raise concern over rapid growth of quick comm platforms
PTI -
The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companiesNew Delhi:Â FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny.In...
E-Commerce
Quick commerce platforms hit record sales on Raksha Bandhan
PTI -
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...
Finance and Funding
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:Â Â Ice cream brand Go Zero has raised $ 1.5 million in its follow-on pre-Series A funding round, the company...
Latest News
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,...
E-Commerce
Blinkit launches Franchise App to help franchise owners
This initiative will enhance the interaction between franchise owners and their customers
Bengaluru:Â 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...
Food Service
Swiggy to acquire retail distribution firm LYNK
PTI -
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...
Latest News
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:Â Moonshot, an Omni-channel DaaS (Distribution as a Service) company, aims to expand...
Finance and Funding
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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Latest News
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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