FMCG Distributors Urge Sebi To Halt IPOs Of Loss-making Quick Commerce Firms
The All India Consumer Products Distributors Federation (AICPDF), which represents over 450,000 distributors, raised its concerns in a letter reported in media
The All India Consumer Products Distributors Federation (AICPDF), which represents over 450,000 distributors, raised its concerns in a letter reported in media
A report notes that online shopping in 2025 no longer behaved like a sequence of big moments or sale-led spikes, it functioned as everyday infrastructure
The quick commerce company is looking to raise about Rs 11,000 crore through the proposed issue, positioning itself for a market debut in the coming year
The company notes that delivery partners collectively travelled 24,52,95,068 kilometre and the fastest delivery recorded during the year was completed in just 48 seconds
Zepto more than doubled FY25 sales to Rs 9,668.8 crore, while net loss widened to Rs 3,367.3 crore as competition intensified and the company prepared for an IPO.
The reports noted that Zepto is eyeing to raise around Rs 11,000 crore in fresh capital, while the rest will be for early investors who are offering shares for sale
India’s NCLT has approved the merger of Amazon Transportation Services with Amazon Seller Services
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The new biometric authentication capability eliminates the need for UPI Pin entry for transactions up to Rs 5,000