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Flipkart hires Dunzo’s co-founder to lead quick commerce push

Flipkart has hired Kabeer Biswas, the co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick-commerce business in the country. Biswas will lead Flipkart’s quick commerce effort, called Flipkart Minutes, a source familiar with the matter told TechCrunch. The move comes nearly a year after Flipkart was considering a potential acquisition […]

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After ups and downs, food delivery startup Epicery closes shop

French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Amazon pilots quick-commerce service in India

Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant delivering grocery and other items in 15 minutes or less. The firm is the sixth major entrant in India’s quick-commerce market, which is currently clocking more than $6 billion in annual sales. Zomato-owned BlinkIt, Swiggy, […]

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Myntra enters India’s quick-commerce race with 30-minute apparel delivery

Myntra, India’s largest fashion e-commerce firm, on Thursday launched β€œM-Now,” its quick-commerce offering that promises to deliver apparel and other lifetstyle accessories within 30 minutes. Retailers in India are rushing to meet changing consumer behavior and expectations, particularly fast deliveries of groceries, beauty and lifestyle products within an hour. Myntra said M-Now will offer customers […]

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Zepto raises another $350M amid retail upheaval in India

Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors ahead of a planned IPO next year. Indian family offices, wealthy individuals, and asset manager Motilal Oswal invested in the round, which maintains Zepto’s $5 billion valuation. Motilal […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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