Zomato to acquire quick commerce company Blinkit for Rs 4,447 crore

Jun 24, 2022

Mumbai (Maharashtra) [India], June 24 : The Board of Directors of food delivery company Zomato Limited on Friday approved a proposal to acquire cash-strapped...

Zepto CEO Aadit Palicha says his startup expanding aggressively across India

Oct 21, 2024

Aadit Palicha, co-founder and CEO of quick commerce company Zepto on Monday said his company is expanding its business geographically across India. He also...

Zomato shares tumble after it announces Blinkit acquisition

Jun 27, 2022

New Delhi [India], June 27 : Shares of food aggregator Zomato tumbled sharply on Monday after the company's Board of Directors approved a proposal...

Patanjali foods profit surges on boost from new-age channels like e-commerce and quick commerce

Jul 20, 2024

The net profit of Patanjali foods surged to Rs 262.90 crore Year-on-Year during the first quarter of the financial year 2024-25 (Q1FY25), the company...

Quick commerce is poised to grow in rapidly urbanizing India: CLSA

Sep 03, 2024

Rapid urbanisation in India is poised to change consumer behavior and the way people buy their daily essentials, and that's set the stage for...

Market share of Kirana stores gradually shifting to Quick Commerce: Report

Nov 20, 2024

The market share of traditional Kirana stores in India is steadily declining as quick commerce platforms are gaining market share, according to a report...