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Antitrust Storm Hits Zepto, Blinkit, Swiggy Instamart: Are Quick Commerce Giants Playing Fair? ⚡ India’s quick commerce race is under fire 🔥 as the All India Consumer Products Distributors Federation (AICPDF) escalated its antitrust plea against Ze

Zomato and Swiggy Breached Competition Laws, Finds CCI Probe By Applyly November 8, 2024 INTRODUCTION Zomato and Swiggy are two big food delivery platforms of India. Both the startups have come under scrutiny by the Competition Commission of India (C

We need to stop pretending India's delivery boom is a success story. It's 2023-25, and this is the brutal truth: — 97% of food delivery is controlled by Zomato & Swiggy. Quick commerce? Blinkit, Instamart domain. The The 2024 antitrust report showed

CCI approves Kedaara Capital's stake acquisition in logistics unicorn Porter 🦄 The Competition Commission of India (CCI) has approved Kedaara Capital's proposal to acquire a stake in Porter, a hyperlocal logistics startup. The antitrust regulato

Top News of the Day: 1. Paytm’s FDI down by 2% in Q1 FY25; retail investors and MFs increase stake 2. NABARD has launched an agri fund called 'Agri-SURE' with an initial corpus of Rs 750 crore to support agricultural startups. 3. Singapore-based

Top News of the Day: 1. Alphabet, Google's parent company, reported strong Q2 results with robust advertising and cloud revenue 2. Sequoia Capital-backed Vanta raises $150 Mn funding at a $2.45 billion valuation 3. Ola Electric Likely To Launch It

Top News of the Day: 1. NapTapGo, India’s first pod hotel startup, has raised $500,000 in pre-seed funding, backed by T9L Qube. 2. Apple vendor Jabil plans to establish a silicon photonics manufacturing factory in Gujarat with an investment of arou

Top News of the Day: 1. Fintech startup AtoB to open Bengaluru R&D centre, expand global footprint 2. Swiggy launched a standalone app, Snacc, for 10-minute food delivery, expanding its quick commerce offerings alongside Bolt. 3. Zypp Electric, a

Top News of the Day: 1. AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030 2. Google is investing $1 billion in AI startup Anthropic, a major competitor of ChatGPT maker OpenAI, as per reports. 3. Wearable tech startu

Top News of the Day: 1. Ola Electric shares extend listing-day gains; jump 20% 2. Indian drone technology company Garuda Aerospace is expanding into the Sri Lankan market 3. Amazon India has announced a strategic partnership with Gentari, an elec