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, India’s largest fashion e-commerce firm, on Thursday launched “M-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 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 […]

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