Tag: India

Swiggy debut fuels India’s food, quick commerce wars

Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this...

Lightspeed doubles down on Wheelocity as it pivots to rural India commerce

While India’s urban population is shifting from mom-and-pop stores to quick commerce platforms, its rural side — home to more than 800 million people...

Equal has a plan to fight India’s growing cyber fraud problem

India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes...

India issues notice to Wikipedia over concerns of bias

Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform should continue to enjoy legal protections as a...

Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato’s worth

Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial...

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...