Tag: Blinkit
Meesho claims Indian e-commerce first with positive cash flow
Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has...
India’s Zomato to raise $1B ahead of rival Swiggy IPO
Zomato said on Tuesday its board had approved the company’s proposal to raise $1 billion through a so-called qualified institutions placement, its first...
Zepto, snagging $1 billion in 90 days, projects 150% annual growth
Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in...
Zepto hits $5B valuation as quick commerce heats up in India
Zepto has finalized a $340 million round that increases its valuation to $5 billion, up from $3.6 billion in June, as the startup...
Amazon is fumbling in India
About two years ago, a VC firm was evaluating an investment in a quick-commerce startup in India. The company’s instant delivery model was...
Flipkart blitzes into India’s 10-minute quick commerce battle
India’s fast-growing quick commerce market is getting a new deeply-pocketed entrant: Flipkart, India’s largest e-commerce firm.
Flipkart has started to roll out Flipkart...