Bengaluru-based company Dunzo faces distress. Cofounder Kabeer Biswas's decision to quit has raised concerns about its future in the quick commerce market.
Blinkit CEO Albinder Dhindsa announced that his company is taking the first step towards providing quick and reliable ambulance service in Indian cities.
Myntra's 30-minute rapid delivery service, M-Now is currently available only to Bengaluru residents. It will start in Mumbai, Delhi, Pune, and other cities shortly.
A roadside coconut vendor has openly challenged quick commerce giants Zepto, Blinkit, and BigBasket comparing prices between roadside sellers and the brands.
With a quick commerce industry boom, traditional kirana stores are dying. Recent report shows over 2 lakh kirana stores in India have been forced to shut down.
At the Moneycontrol Startup Conclave, Aadit Palicha, CEO of Zepto, likened his company's potential to Amazon's early days, predicting a $50-80 billion valuation with proper execution.
In an interview with ET, Delhivery CEO Sahil Barua discussed the sustainability of 10-15 minute deliveries, which are viable only for groceries and FMCG.