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Archies eyes 150% Q commerce growth, global expansion

The company also plans to open 15-20 new company-owned stores by the end of the financial year (FY) 2025 New Delhi: City-based gifting retailer Archies, which clocked Rs 6 crore in sales through quick commerce platforms like Blinkit, Zepto, and...

Mila Beaute sets sights on Rs 100 crore revenue, aims to hit 1 million consumers by 2025: MD Saahil Nayar

Currently, the cosmetics brand is operating with a revenue run rate of approximately Rs 50 crore and a consumer base of around half a million across India Bengaluru: Mila Beaute, a newly launched beauty brand and brainchild of former Swiss Beauty...

Zepto raises $340 million at a valuation of $5 billion

The funding round was led by General Catalyst with participation from new investors Dragon Fund and Epiq CapitalNew Delhi: Quick commerce unicorn Zepto has raised $340 million (over Rs 2,850 crore) in a follow-on financing round led by General...

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...

Fundraise in retail down by 49% Q-o-Q at Rs 740 crore

Of the overall funds received by retail companies, fashion and lifestyle brands garnered the maximum with over Rs 500 crore.  IndiaRetailing Insights: Fundraises in the retail sector in the April 2024 to June 2024 quarter dropped by almost 49% to...

Get your Boat audio products in 10 min with Zepto  

Boat and Zepto have also created a film featuring iconic pop culture doppelgangers to celebrate the partnership. New Delhi:  Audio and wearable brand Boat has partnered with quick commerce platform Zepto to deliver products to the doorstep in 10 minutes, a...

Retail Tracker: June saw 65% increase in store launches, North saw double growth

With over 123 new stores opening in the region, North led the charge IndiaRetailing Insights: Retail store launches in June 2024 stood at over 253 an increase of over 65% compared to May 2024 with 162 new stores opened in...

Zepto faces backlash over Rs 131 pricetag for coriander leaves; says issue resolved

Zepto drew flak when a user from Gurugram found that 100 grams of coriander leaves were listed at Rs 131 on ZeptoNew Delhi: Zepto faced social media ire after a user called out the quick commerce platform for listing...

Top line can grow to Rs 2.5 lakh cr in 5-10 yrs if we execute well: Zepto CEO

The company's revenue have grown over fivefold to over Rs 10,000 crore in FY24 from about Rs 2,000 crore in FY23New Delhi: Quick commerce unicorn Zepto revenue can grow multifold to Rs 2.5 lakh crore in 5-10 years if...
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India smartphone market grows 6% to 4.6 cr unit in Q3, Vivo top with 16% share

The market was dominated by Chinese players, with leading brands cornering around72 % market share during the quarter New Delhi:...
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