Helping banks in the... • 1y
Their choice of setting up dark stores based on demand and inventory management are the key ingredients to their success. Using technology to forecast demand and maintaining that level of inventory plus also keeping orders within 10 min distance of the dark stores is something which others will also pick up along the way. Other than that, Quick Commerce is just opening multiple online supermarts in various locations like the already ubiquitous supermarkets with an additional cost of tech platform maintenance, delivery partners network and the pressure of quick delivery and discounts. How they will recover these additional costs, through economies of scale but I think that formula hasn't been cracked yet. Till that time they will be burning a lot of cash! Personally I don't use E-commerce. I prefer to use the 10₹ discounts to take a walk down to the store, interact with people and get a bit of fresh air, which is much more beneficial that a 10₹ save.
Don't Give Up ⤴ • 10m
Blinkit The company has made several of its employees to sign an addendum to their contracts, extending their notice period from zero to two months. It is pertinent to note that over the last six months, quick commerce players have expanded operat
See MoreBecause every life m... • 1m
Concept: Start a quick commerce business that doesn't use dark stores. Instead, partner with local retail stores across the city and deliver their products to customers within 10-15 minutes. Key Benefits: No need for warehouse or inventory invest
See More🚀 Entrepreneur | Re... • 18d
About four months after markets regulator SEBI gave the go-ahead to its IPO, omnichannel jewellery brand BlueStone has filed the draft papers to go public👇 BlueStone has trimmed the fresh issue by 18% to INR 820 Cr from INR 1,000 Cr it had proposed
See MoreFounder at Stockware • 10m
Reliance Retail is re-entering quick commerce, backing Dunzo and Grab through JioMart. With Flipkart and Amazon also eyeing this space, competition in India's instant delivery market is intensifying. Success in quick commerce isn't just about speed
See MoreWe are just human • 11m
We’ve created a hyper-quick commerce solution: groceries delivered in 10 minutes via dark stores, fashion and electronics from local D2C stores with delivery by Repido and other partners within 60 minutes, and food delivered in 35 minutesfrom our clo
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