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How capital surge may fuel discount war in quick commerce space
Economic Times
ยท
1y ago
Medial
Zepto, a fast-growing quick delivery platform, recently secured a massive $665 million funding round. This may spark a discounting battle among major players in the market, including Blinkit, Instamart, and Flipkart. With Flipkart planning to launch its quick delivery service soon, Blinkit, as the leading player in the market, may face intensified competition in terms of logistics infrastructure. The influx of funding is expected to further heat up the quick commerce market.
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Deals Digest: Zepto funding propels deals value to its peak this year
VCCircle
ยท
1y ago
Medial
Deals Digest: Zepto funding fuels highest value of deals this year. Zepto, a quick commerce unicorn, achieved a significant funding milestone, propelling the total funding raised by startups to its highest level this year. Private equity and venture capital investors contributed to the surge, with funding reaching $863 million, over twice the previous week's value. The funding activity reflects strong investor interest in the quick commerce space.
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Quick Commerce Price Battle Intensifies As Flipkart Enters Blinkit & Swiggyโs Lane
Inc42
ยท
11m ago
Medial
Flipkart's entry into the quick commerce space could lead to a price war as it aggressively discounts products on its Flipkart Minutes platform. UBS Research analysts note that prices on Flipkart Minutes are 10% lower, suggesting it may be a strategy to gain market entry. The competition is set to increase with Ola planning to tap into the $5 billion opportunity by automating dark store operations.
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VCs crowd deal street on quick commerce, D2C success
Economic Times
ยท
1y ago
Medial
The rise of quick commerce and the surge in demand for direct-to-consumer (D2C) brands are driving investment activity in the early-to-mid-stage D2C sector. Quick-commerce platforms like Blinkit, Zepto, and Instamart have helped these brands scale faster than anticipated, attracting investor interest. Various D2C brands, including Tuco Intelligent, The Health Factory, Gourmet Garden, The Whole Truth, and Master Chow, are in talks for capital infusion. Quick-commerce platforms have also given a boost to smaller brands in sectors such as personal intimate care. Quick-commerce is expected to remain a key channel for D2C brands, driving growth in various categories.
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Quick commerce, food delivery firms clock order spike on New Yearโs Eve
Economic Times
ยท
7m ago
Medial
On New Yearโs Eve, quick commerce and food delivery platforms in India experienced high demand, with orders spiking significantly by the evening. Blinkit, a Zomato-owned platform, surpassed its total orders from Dec 31, 2023, by 5 pm. The company also launched a large-order fleet in Delhi and Gurgaon for bulk deliveries. Swiggy reported Bengaluru leading in food delivery orders and prepared for the surge with a fully-stocked Instamart warehouse and war rooms.
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Staffing firms see a spike in demand for quick commerce workers
Livemint
ยท
1y ago
Medial
Quick commerce companies like Zomato, Swiggy, and Zepto are experiencing a surge in demand for delivery executives and dark store staff as quick commerce continues to grow. The high demand is leading to increased competition among companies, resulting in poaching of executives and potential wage increases. The quick commerce market has seen significant growth, with average order values increasing and companies expanding their offerings beyond groceries. With the rise in quick commerce players, the demand for delivery personnel and fleet operations is expected to remain competitive.
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Small brands are left high and dry in the โspace raceโ of quick commerce
Money Control
ยท
1y ago
Medial
Quick commerce, or rapid delivery, has become a $5 billion industry in India, with brands eager to be listed on apps such as Zomato's Blinkit, Swiggy's Instamart, and Zepto. However, getting listed is not easy, as entrepreneurs and e-commerce executives of small brands face several challenges. Category managers play a crucial role in selecting brands for placement on these platforms. Additionally, brands need to prove their sincerity and may be required to pay a listing fee. Marketing and promotional spends are also essential for success in the quick commerce space.
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Quick Commerce Platforms Expand Into Smaller Cities Ahead Of The Festive Season
Inc42
ยท
11m ago
Medial
Swiggy Instamart and Zomato's Blinkit are expanding their quick commerce services to smaller cities, expecting a surge in sales during the upcoming festive season. Swiggy has introduced its service in Udaipur, Warangal, Salem, Amritsar, and Kanpur, while Zomato's quick commerce arm has also started expanding into smaller cities. Both companies aim to benefit from the growing demand for quick delivery services in the online shopping market.
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Dunzo cofounder Kabeer Biswas joins Flipkart to lead quick commerce biz
Economic Times
ยท
7m ago
Medial
Kabeer Biswas, cofounder of Dunzo, has joined Flipkart to lead its quick commerce business, Minutes, starting January 13. Biswas leaves Dunzo, backed by Reliance Retail, after struggling with capital-raising issues and cash burn. Flipkart had explored acquiring Dunzo and engaged in talks with Biswas through 2024. Some Dunzo investors support Biswas's departure amid the company's financial challenges, including job cuts and debt issues. Former executives from Dunzo are launching new ventures in the quick commerce space.
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Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital
Entrackr
ยท
23d ago
Medial
Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital Mumbai-based quick commerce fashion platform KNOT has raised $3 million in a pre-Series A round led by Kae Capital with participation from Sparrow Capital, Boundless Ventures LLP, and founders of SNITCH, The Souled Store, and Bonkers Corner. Existing investors WEH Ventures, All In Capital, and Kumar Saurabh (Aukera Jewellery) also backed the round. The new funding will fuel product development, expansion beyond Mumbai, and deepen brand partnerships. Founded in 2025 by Archit Nanda and Rachit Bansal, KNOT is reimagining online fashion delivery with its 60-minute delivery model and Try โn Buy experience in Mumbai. The idea was born after the duo pivoted from their earlier venture Slick, spotting a major gap in how Gen Z and millennials discover and shop for fashion. KNOT currently claims to have partnered with over 70 fashion brands, fulfilling thousands of orders monthly. Its standout features include AI-based virtual try-ons, doorstep trials with instant returns, and influencer-led discovery. In the same space, ZILO secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures, last month. Fashion delivery startup Slikk also secured $10 million in funding. Myntra, which launched rapid apparel delivery in December 2024, has now extended the service to additional cities.
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Udaan fires over 100 employees days after securing $340 million in capital
Money Control
ยท
1y ago
Medial
After securing $340 million in capital, B2B e-commerce unicorn Udaan has reportedly laid off around 150 employees, constituting about 10% of its total workforce. The layoffs are attributed to a significant shift in the company's operational structure, moving from a pan-India focus to decentralized operations with separate teams for different clusters. Udaan's recent funding round aimed to fuel its expansion and strengthen its position in the B2B e-commerce space.
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