Zepto Plans $500 Mn IPO Next Week: Report
Quick-commerce grocery startup Zepto plans a confidential Mumbai IPO of about USD 500 million as competition intensifies.
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“Are We Going To Be Happy Being Delivery Boys, Girls?”: Goyal
- by BW Retail World Bureau
- April 4, 2025
Piyush Goyal has criticised the Indian startup ecosystem’s focus on food delivery apps and the culture of selling fancy ice cream and cookies
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Flipkart Expands Grocery Presence In Andhra Pradesh, Opens New Fulfilment Centre
- by BW Retail World Bureau
- April 12, 2024
Flipkart, one of India’s leading ecommerce platforms, has inaugurated a new grocery fulfilment centre in Visakhapatnam, Andhra Pradesh, signalling its commitment to enhancing its grocery delivery services. The facility promises next-day delivery of groceries to consumers in the vicinity, including Visakhapatnam, Anakapalle, Kakinada, Rajahmundry, Srikakulam, and Vizianagaram. This marks Flipkart’s second grocery fulfilment centre in […]
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Country Delight Sacks Up $20 Mn Funding
- by BW Retail World Bureau
- January 6, 2024
Country Delight, a direct-to-consumer (D2C) fresh foods brand has raised around USD 20 million (around Rs 164 crore) in a funding round led by Singapore’s sovereign fund Temasek, which is one of its backers. In addition to Temasek-owned asset management business Seviora, which invested through its agriculture and food-focused investment vehicle, Seviora T3F Fund, another […]
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Swiggy Reports Over 4.8 Lakh Orders During New Year’s Eve
- by BW Retail World Bureau
- January 2, 2024
On New Year’s Eve, the food-delivering app Swiggy reported more than 4.8 lakh biryani orders along with 1,244 dish units ordered every minute, the news agency PTI reported. Hyderabad ordered the most biryani during the period, according to the report, the groceries and home essentials delivery app, Swiggy Instamart witnessed 1.6 times more orders per […]
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Blinkit Revenue Triples To Rs 724 Cr In FY23, Net Loss Widens To Rs 1,190 Cr
- by BW Retail World Bureau
- October 21, 2023
Zomato-owned instant ecommerce grocery delivery platform Blinkit revenue has increased to a by 207 per cent i.e., a rise of Rs 724 crore but parallelly the net loss has widened to Rs 1,190 crore in FY23. This financial year represented Blinkit’s initial full year of operations following its transition to the quick commerce sector in […]