Tag: quick commerce

Swiggy escalates India quick commerce battle with 10-minute meals

Swiggy, India’s leading food delivery startup, said Friday it has started to deliver meals in 10 minutes across parts of major cities, intensifying...

Invesco raises its valuation of Swiggy to $13.3B

U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the...

Flink, the quick commerce startup, raises another $150M at a valuation of just under $1B

Flink, the quick commerce startup out of Berlin that was an acquisition target first of Gorillas, then Getir, and then Amazon, and then...

Myntra bets on 4-hour delivery amid India’s quick commerce boom

Myntra, India’s largest fashion e-commerce platform, is trialling a four-hour delivery service in four Indian cities, two sources familiar with the matter told...

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...

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...