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Swiggy quarterly loss nearly doubles on higher quick commerce spending

TMT

09 May, 2025

Swiggy quarterly loss nearly doubles on higher quick commerce spending

India's Swiggy reported a quarterly loss that nearly doubled year-on-year on Friday, as the online platform spent ......

Zomato parent Eternal profit drops on expansion of quick commerce business

Consumer

01 May, 2025

Zomato parent Eternal profit drops on expansion of quick commerce business

Online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday as it opened more stores ......

India's quick-commerce sector made two-thirds of all 2024 e-grocery orders, says report

Consumer

27 March, 2025

India's quick-commerce sector made two-thirds of all 2024 e-grocery orders, says report

India's quick-commerce sector accounted for over two-thirds of all e-retail orders last year, with its total market ......

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

TMT

06 February, 2025

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a......

Zomato's Q3 profit tumbles as store ramp-ups take a toll

TMT

20 January, 2025

Zomato's Q3 profit tumbles as store ramp-ups take a toll

India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from ......

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Quick commerce unicorn Zepto set to see another $100-mn-plus transaction

TMT

09 December, 2024

Quick commerce unicorn Zepto set to see another $100-mn-plus transaction

Quick commerce startup Zepto, which sealed a $350 million round bankrolled by domestic investors including several ......

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

People

14 November, 2024

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

Edtech unicorn Physics Wallah said Thursday it has named a former Blinkit executive as its chief finance officer (CFO), ......

Reliance plays catch-up to ride India quick commerce wave

Consumer

30 October, 2024

Reliance plays catch-up to ride India quick commerce wave

Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce ......

Premium
Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India

General

06 September, 2024

Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India

Swiggy will direct a large portion of the proceeds from its upcoming $1.25 billion (Rs 10,490 crore) initial public ......

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