Notably, BigBasket partnered with Tata-owned jewellery brand Tanishq during Akshaya Tritiya this year. And, this month, the salt-to-software conglomerate’s coffee chain Tata Starbucks launched a pilot direct delivery via its mobile application
Tag: quick commerce
Swiggy shareholders approve increase in IPO size to Rs 5,000 crore: Report
Notably, only the size of the primary issue has been increased to Rs 5,000 crore. The offer for sale (OFS) component will remain unchanged at Rs 6,664 crore
Flipkart’s Big Billion Days: Top metro cities drive demand, tier 2 cities show promise
Shopsy, Flipkart’s hyper-value platform, witnessed a 70 percent rise in customer visits and nearly a three-fold increase in transactions compared to the pre-festive season
EXCLUSIVE: ‘Tata Group’s StarQuik not in Q-commerce rat race’, says K Radhakrishnan, Co-founder
Star Bazaar, a retail chain owned by Trent Hypermarket Pvt Ltd is a part of the Tata Group. Trent recently announced plans to add 20-25 Star Bazaar stores in FY25, taking the overall footprint to around 90 stores by the end of the year.
‘Q-commerce is here to stay, retailers must upgrade themselves’, says CEO of Retailers Association of India
On September 26, Madras High Court lawyer K Narasimhan alleged in his complaint to the DPIIT that e-commerce platform Flipkart is offering discounts at product level for select sellers and creating a non-competitive environment.
Distributors’ body expresses concerns over quick commerce firms’ deep discount practices
AICPDF warned that if FMCG companies fail to act against these ‘harmful practices,’ it will launch a mass non-cooperation movement against them.
Tata-owned bigbasket forays into electronics, to deliver iPhone 16 in 10 minutes
The company has plans to deploy 500-600 dark stores nationwide and link them with its warehouses to streamline delivery of both popular grocery items and non-grocery products
Former Cleartrip CEO to start quick commerce retail venture: Report
The venture will reportedly focus on delivering premium products across various categories such as FMCG, health and fitness, and fashion of both local and international categories
Zomato’s ad spendings rise by 84% to Rs 340 cr in Q1 FY25
The standalone net profit of Zomato in the first quarter stood at Rs 470 crore from Rs 276 crore in the same period in FY24