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Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Zepto is raising ₹1,000 crore in a pre-IPO round at a USD 4.5 billion valuation, delaying its previously targeted July 2026 IPO. The round is designed to raise domestic shareholding to 40%, a key requirement before the company can pursue a public listing on Indian exchanges.
Reliance Retail plans to expand JioMart and dark stores in FY27 with a market-by-market focus on unit economics. The company targets 2x Operating EBITDA by FY28 or FY29 through improved margins and stronger cash generation.
Swiggy's foreign shareholding fell to 49.76% after foreign investors sold shares post its November 2024 IPO, crossing a key threshold in its bid to qualify as an Indian Owned and Controlled Company. IOCC status would let its quick commerce arm Instamart hold inventory directly, potentially improving margins.
Zepto has received Sebi's approval for its IPO and plans to file an updated draft prospectus within two months. The quick commerce firm is targeting an issue size of Rs 8,000, 9,000 crore, with the offering expected to be primarily a fresh share issuance.
Sebi has approved Zepto's IPO, clearing the way for a Rs 12,000 crore public listing expected in 2026. The approval marks a key regulatory milestone for the quick commerce startup as it competes with Blinkit and Swiggy Instamart.
Quick-commerce startup Zepto has received SEBI approval for its IPO and is expected to raise $1.2 billion. The company must file an updated Draft Red Herring Prospectus within six to eight weeks before the listing can proceed.
Amazon will expand its quick-commerce service Amazon Now to 100 Indian cities, investing over Rs 2,800 crore to build more than 1,000 micro-fulfillment centres. The move directly challenges established quick-commerce players by bringing Amazon's scale and logistics depth into the minutes-delivery segment.
Tag
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
25d ago · 3 min · Business
Zepto is raising ₹1,000 crore in a pre-IPO round at a USD 4.5 billion valuation, delaying its previously targeted July 2026 IPO. The round is designed to raise domestic shareholding to 40%, a key requirement before the company can pursue a public listing on Indian exchanges.
28d ago · 3 min · Markets
Reliance Retail plans to expand JioMart and dark stores in FY27 with a market-by-market focus on unit economics. The company targets 2x Operating EBITDA by FY28 or FY29 through improved margins and stronger cash generation.
1mo ago · 3 min · Business
Swiggy's foreign shareholding fell to 49.76% after foreign investors sold shares post its November 2024 IPO, crossing a key threshold in its bid to qualify as an Indian Owned and Controlled Company. IOCC status would let its quick commerce arm Instamart hold inventory directly, potentially improving margins.
1mo ago · 3 min · Business
Zepto has received Sebi's approval for its IPO and plans to file an updated draft prospectus within two months. The quick commerce firm is targeting an issue size of Rs 8,000, 9,000 crore, with the offering expected to be primarily a fresh share issuance.
3mo ago · 2 min · Markets
Sebi has approved Zepto's IPO, clearing the way for a Rs 12,000 crore public listing expected in 2026. The approval marks a key regulatory milestone for the quick commerce startup as it competes with Blinkit and Swiggy Instamart.
3mo ago · 2 min · Markets
Quick-commerce startup Zepto has received SEBI approval for its IPO and is expected to raise $1.2 billion. The company must file an updated Draft Red Herring Prospectus within six to eight weeks before the listing can proceed.
3mo ago · 2 min · Markets
Amazon will expand its quick-commerce service Amazon Now to 100 Indian cities, investing over Rs 2,800 crore to build more than 1,000 micro-fulfillment centres. The move directly challenges established quick-commerce players by bringing Amazon's scale and logistics depth into the minutes-delivery segment.
3mo ago · 2 min · Business
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