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After Bengaluru, Flipkart Minutes goes live in Gurugram
Entrackr
·
10m ago
Medial
Flipkart Minutes, a quick commerce service by Flipkart, is now live for users in Gurugram and other parts of NCR region. This launch marks a significant step in Flipkart’s expansion plans, following the introduction of its rapid delivery service in Bengaluru. Entrackr was the first to report about Flipkart quick commerce’s foray in March 2024. It’s worth noting that Flipkart has not yet issued an official statement about the public launch of its quick commerce service. Currently, Flipkart Minutes is available in nearby Unitech Cyber Park, Sector 39, 40, The Millenium City Centre (Sector 29) and Golf Course Road (Sector 54) in Gurugram. Users in other areas in the NCR region also received notifications about the availability of Flipkart Minutes. As per sources, the service is also available in some parts of Mumbai. It allows users to order groceries, electronics, smartphones, and other products with delivery times ranging from 8 to 16 minutes. For example, a team Entrackr member based in Sector 39 got delivery in 13 minutes. Entrackr has reached out to Flipkart for comment. Flipkart already offers slot-based delivery services, competing with Amazon Fresh and BigBasket. While BigBasket is in the process of completely transitioning to quick commerce, Amazon plans to enter the space by early next year. Flipkart Minutes competes with leading quick commerce players such as Blinkit, Swiggy Instamart, and Zepto. The quick commerce sector has been a hot sector for over a year. With over $1 billion raised in the past couple of months, Zepto has surpassed the $5 billion valuation mark and is focusing on expansion into both existing and new cities. As per media reports, the Aadit Palicha-led company is also gearing up for the initial public offering (IPO) by next year. Zomato-owned Blinkit is expanding into tier II cities and has emerged as the top market share holder in the quick commerce space, according to a recent UBS report. To beef up its quick commerce piece, Swiggy Instamart strengthened its leadership with the appointment of a new chief executive officer (CEO) and chief operating officer (COO).
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On an expansion spree: Flipkart Minutes is now live in Thane
YourStory
·
7m ago
Medial
Flipkart has expanded its quick commerce service, Flipkart Minutes, to parts of Thane, Maharashtra. This service is now available in various areas in Thane, as well as in Bengaluru, Gurugram, and parts of Mumbai. Flipkart Minutes is a fast delivery service that aims to compete with other players in the market, such as Zepto and Swiggy Instamart. This expansion comes shortly after Amazon announced its plans to pilot a similar service, 'Project Tez', for quick delivery of everyday essentials. Other ecommerce marketplaces like Myntra and Nykaa have also ventured into the quick commerce space.
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Flipkart Minutes, company’s quick commerce offering, goes live in Bengaluru
Money Control
·
11m ago
Medial
Flipkart Minutes, the company's quick commerce offering, has launched in select areas of Bengaluru. This move aligns with the growing importance of rapid delivery in e-commerce. Flipkart appointed Hemant Badri to lead this initiative. The service competes with established players like Blinkit, Swiggy Instamart, and Zepto. While Flipkart has experimented with quick delivery before, this new format aims to capture a share of the fast-growing quick commerce market.
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Flipkart's quick commerce service 'Minutes' goes live in Bengaluru
Economic Times
·
11m ago
Medial
Flipkart, owned by Walmart, has launched a quick commerce service called Minutes. Available in select areas of Bengaluru, the service delivers groceries, electronics, smartphones, and other products within 8-16 minutes. This move marks Flipkart's entry into the quick commerce space, competing with players like Swiggy's Instamart, Zomato's Blinkit, Zepto, and BigBasket's BB Now. Flipkart plans to stabilize the service in specific areas before scaling it up further. The launch comes as the ultra-fast delivery sector is expected to see intense competition during this year's festive season.
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After Bengaluru, Flipkart’s ‘Minutes’ Ventures Into Delhi’s Quick Commerce Turf
Inc42
·
10m ago
Medial
Walmart-owned Flipkart has expanded its quick commerce service, 'Minutes', to Delhi after initially launching in Bengaluru. The service offers fast delivery of groceries, electronics, smartphones, and other products within 8-16 minutes. This puts Flipkart in competition with Zepto, Zomato’s Blinkit, and Swiggy Instamart, who also offer similar delivery timelines.
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Flipkart Minutes eyes 10-min drug delivery to outpace its rivals
Economic Times
·
7m ago
Medial
Flipkart, owned by Walmart, is preparing to offer quick delivery of medicines within 10 minutes, potentially becoming the first quick commerce service to do so. The company's Flipkart Minutes service is already enlisting local chemists in major cities to facilitate the sales through its last mile delivery partners. However, Flipkart needs to ensure compliance with India's drug regulations, which prevent foreign-backed e-commerce companies from owning inventory and require partnerships with registered chemists. Flipkart aims to expand Flipkart Minutes into a comprehensive quick commerce platform, capitalizing on the untapped opportunity in the healthcare sector.
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Flipkart Minutes offering products at 10% lower prices than Blinkit: UBS Report | Mint
Livemint
·
10m ago
Medial
A report by UBS analysts reveals that products on Flipkart Minutes, the newest player in the quick commerce sector, are priced approximately 10% lower than those on Blinkit, the current market leader. Flipkart Minutes is using introductory discounts to attract customers and build loyalty. As the quick commerce industry becomes more competitive, differentiated pricing is crucial for Flipkart Minutes to stand out and attract customers from established platforms. However, maintaining these discounts will be easier for Flipkart considering its size and experience. This move by Flipkart is an effort to protect its market position and compete in the quick commerce space.
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ED Raids Offices Of Amazon, Flipkart Sellers
Inc42
·
8m ago
Medial
The Enforcement Directorate (ED) conducted raids on the offices of certain sellers registered with e-commerce giants Amazon and Flipkart. The searches were part of an investigation into suspected Foreign Exchange Management Act (FEMA) violations. The targeted sellers were located in cities such as New Delhi, Mumbai, Gurugram, Hyderabad, and Bengaluru.
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Amazon tests quick commerce Tez with staff, Flipkart doubles down with Minutes
Economic Times
·
6m ago
Medial
Amazon is testing its quick commerce service, Tez, with employees in Bengaluru, preparing to onboard dark stores. Meanwhile, Flipkart is aggressively expanding its quick commerce offering, Minutes, targeting around 150 dark stores, and including high-value items and medicine delivery. The quick commerce market, valued at $45 billion, is expected to grow to $77 billion by 2025. New entrants like Amazon and Flipkart are challenging established players, focusing on profitability and market disruption.
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'Bangalore was a sleepy town': Gurugram entrepreneur says migrants made Bengaluru, netizens ask “ever heard of Kempegowda?”
Economic Times
·
13d ago
Medial
A Gurugram entrepreneur sparked online debate after lauding Mumbai, Bengaluru, and Gurugram as migrant-built cities, calling them cosmopolitan. While praising urban growth, he noted Bengaluru's IT transformation and Delhi's startup boom due to migrants. However, Bengalureans disputed this, highlighting the city's historical industrial and scientific contributions and early planning by Kempegowda. The comment reflects growing tension over migrants overshadowing local contributions amid infrastructure strains and overcrowding concerns in Bengaluru.
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Flipkart may limit its quick commerce expansion to top cities to reduce burn
Economic Times
·
2m ago
Medial
Flipkart is scaling down its quick commerce expansion, limiting its Flipkart Minutes division to major cities to manage costs. While initially planned to expand to 800 stores, they now aim for 500-550 by October, focusing on Delhi-NCR, Mumbai, and Bengaluru. The shift reflects a cautious approach amid rapid sector growth but high operational costs. Flipkart's strategy highlights prioritizing profitability and preparing for a future IPO, while competitors like Blinkit and Instamart expand more aggressively.
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