QUICK-COMMERCE
Kiranas, distributors turn lean as countdown to September 22 begins
Neighborhood grocers and quick commerce platforms are limiting supplies from companies. They want to avoid unsold stock before the new GST rules. Companies are shortening supply cycles to stores. Prices of large packs will decrease after GST 2.0. Smaller packs will offer more quantity. Traditional traders lack the capacity for discounts.
Quick commerce to hike festive workforce by up to 60%
Quick-commerce firms in India plan to increase temporary staff by up to 60% for the festive season. Redseer estimates quick commerce deliveries will double to 10% of total e-commerce. Flipkart, Amazon, Blinkit, Swiggy Instamart, and Zepto are preparing for Diwali. Around 80,000 to 100,000 workers will be hired. Tier 2 cities are also ramping up fast.
Monsoon showers push e-comm orders up, raise partner payouts
E-commerce platforms in India are experiencing a surge in orders due to prolonged monsoon rains, with deliveries increasing by over 10%. Companies like BigBasket and Flipkart are seeing significant order spikes in cities like Mumbai and Delhi NCR, driven by professionals working from home.
Dish TV launches VZY Smart TVs, aims 25% revenue share from non-DTH by 2027
Dish TV India is diversifying its revenue streams beyond DTH services, aiming for 25% contribution from non-DTH ventures within 18-24 months. This strategic shift includes entering the smart TV market with its VZY range, integrating DTH and OTT entertainment. The company also launched Watcho and Shopzop, with plans for more innovative products to solidify its position in the content ecosystem.
GST reforms, festive demand to boost food delivery and Q-commerce, say analysts
Food delivery and quick commerce companies anticipate growth. GST reforms and increased spending are key factors. The festive season may boost demand. While GST changes could raise delivery costs, subscription models might help. Some industry players see limited direct benefits. The real test lies in the upcoming festive season. A stronger growth cycle is expected.
Swiggy Instamart to launch Quick India Movement festive sale on September 19
Swiggy Instamart's 'Quick India Movement' sale, offering 50-90% discounts on over 50,000 products, will run from September 19-28, preceding Amazon and Flipkart's festive sales. The sale includes electronics, beauty, and more, featuring brands like Apple, OnePlus, and L'Oréal.
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Food delivery sector will surpass 20% growth over the next two to four quarters: Report
According to the report, food delivery growth has decelerated in recent quarters, with gross order value (GOV) growth easing from 19-20% in FY24 to 18% in FY25 for food delivery aggregators Zomato and Swiggy.
Swiggy launches instant gifting platform 'Giftables' for quick, customised gifting
With this move, Swiggy is in direct competition with existing gifting services such as Ferns and Petals (FnP) and Indian Gifts Portal (IGP), aiming to capture a share of the growing demand for last-minute and personalised gifting solutions.
Motilal Oswal upgrades Swiggy to ‘buy’ rating, sees 32% upside potential. Should you invest?
Motilal Oswal projects stronger growth for food delivery and quick commerce, upgrading Swiggy to ‘buy’ with a Rs 560 target and maintaining Eternal at Rs 420. Easing competition, GST reforms, and festive demand are expected to drive profitability, boosting investor confidence in the sector.
E-commerce marketplaces & quick commerce platforms reap gains from heavy monsoon rains
Heavy monsoon rains are boosting e-commerce in India. Online orders have increased as people stay indoors. BigBasket and Flipkart see order surges in cities like Mumbai and Delhi. Delivery partners earn more with weather incentives. Logistics providers like Zippee and Celcius are expanding to meet rising demand. Companies are compensating riders for delivering in difficult conditions.
Zomato, Swiggy, Blinkit delivery fees to face 18% GST. What it means for investors
India’s food delivery and quick commerce firms face higher costs after the GST Council brought delivery fees under Section 9(5) of the CGST Act, making them liable for 18% GST. Analysts estimate this could raise costs by Rs 2 per Zomato order and Rs 2.6 for Swiggy, pressuring margins as the sector remains a key driver of India’s digital economy.
You will make 12-15% CAGR but don’t invest for 5-6 month horizons: Raamdeo Agrawal
Raamdeo Agrawal of Motilal Oswal Financial Services advises long-term investment in Indian equities, projecting 12-15% annual growth. He cautions against short-term expectations and suggests staggered investments amid market volatility. Agrawal urges GST rationalization and opening tourism and education sectors for economic stimulus.
Former Flipkart exec’s quick comm startup FirstClub raises $23 million; valuation jumps to $120 million
The company plans to deploy the funds towards opening new dark stores in Bengaluru, rolling out formats like cafes and daily subscriptions, expanding into new categories, hiring talent, and investing in brand building.
Swiggy raises platform fee to Rs 15 in select markets amid surge in orders
Swiggy has increased its platform fee to Rupees 15 in high-demand areas. This follows a recent increase to Rupees 14. The move aims to improve unit economics. Zomato currently charges Rupees 10 plus GST. Swiggy's losses have increased due to investments in Instamart. Rapido's Ownly service is providing competition with lower commission rates for restaurants in Bengaluru.
Promoters selling, retail investors buying. Who's right? Raamdeo Agrawal answers
Despite Indian promoters offloading record shares, retail investors remain bullish, says Raamdeo Agrawal. Promoter shareholding fell to an eight-year low, while domestic institutional investors' share rose to a record high, surpassing foreign investors. Agrawal likens the market to expensive Mumbai property, advising investors to accept slightly higher prices for long-term growth.
Zomato hikes platform fee to Rs 12 ahead of festive season
Zomato has increased its platform fee to Rs 12, following Swiggy's hike to Rs 14 amidst rising festive season demand. Both companies are facing financial pressures due to investments in quick commerce, with Zomato reporting a profit drop and Swiggy incurring increased losses. They also face new competition from Rapido's Ownly, which offers lower commission rates to restaurants.
Festive season: Quick commerce to ramp up temp workforce by 40–60%
Quick-commerce platforms are gearing up for a significant surge in demand this festive season, projecting a 40-60% increase in temporary workforce. This expansion aims to manage the expected doubling of quick commerce deliveries, potentially reaching 10% of the total e-commerce market.
Change of Cart: Tata plans CEO change at BigBasket
BigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know tell us. Going forward, he may take on a mentor role at the online grocer he cofounded, as his five-year tenure nears completion.
BigBasket founders plan to step back; CEO Hari Menon prepares succession amid Tata Group’s quick commerce push
BigBasket founders, including CEO Hari Menon, are preparing to transition into mentoring roles as Tata Group seeks a new leader to sharpen its competitive edge in the quick commerce market. With Menon's tenure nearing completion, the company is actively shortlisting candidates to drive growth and reassure investors amid increasing competition from Blinkit, Instamart and Zepto.
Online shoppers press pause button ahead of GST changes; festivities to boost sales: Analysts
Anticipation of upcoming GST reforms has led e-shoppers to delay purchases, particularly in electronics and appliances, expecting lower tax rates. Analysts say this temporary dip will reverse with festive demand. The proposed two-rate GST system is expected to boost affordability, spur consumption, and drive a strong rebound in e-commerce sales.
Festive fireworks ahead for ecommerce firms with season sales to rise 27%
Indian e-commerce marketplaces and online retailers anticipate a record-breaking festive season, projecting sales of Rs 1.2 lakh crore, a 27% increase from last year. Quick commerce is set to account for over Rs 14,000 crore of this estimate. This resurgence comes on the back of consumer sentiment in urban India turning positive after three years of slower growth.
RIL shares trade flat ahead of AGM today. Here’s what investors, brokerages are expecting
Reliance Industries' AGM is highly anticipated as 44 lakh shareholders await updates on IPO timelines for Jio and Retail, potentially unlocking significant value. Investors are keen on RIL's AI strategy, particularly the JioBrain platform, and progress in the new energy business, including solar and battery giga-factories. Brokerages maintain positive ratings, citing strong refining operations and attractive valuations.
Reliance AGM 2025: When, where to watch and what to expect from the annual general meeting
Reliance Industries Ltd, under Mukesh Ambani's leadership, is set to conduct its 48th AGM on Friday, August 29, 2025, at 2:00 PM via video conferencing. Investors are keenly anticipating updates on the potential IPOs of Jio and Reliance Retail during the meeting. The event will be accessible on Reliance's official website and YouTube channel.
IPO-bound Urban Company launches home makeover service Revamp
Urban Company, eyeing public markets, has introduced Revamp, a home improvement sub-brand offering quick makeovers in select cities. CEO Abhiraj Singh Bhal emphasizes streamlined renovation with aesthetics and speed. This follows their InstaHelp quick commerce venture and 'Native' consumer product line.
ET Soonicorns Summit 2025: Meat isn’t built for 10-minute delivery, say Licious founders
At ET Soonicorns Summit 2025, Licious cofounders said quick commerce has reshaped demand but isn’t suited for perishable meat products. With 300 items and a two-day shelf life, Licious is using AI to scale 30-minute delivery sustainably. This comes amid rising competition in the quick commerce space.
Walmart International’s margins squeezed by Flipkart, Myntra quick commerce bets
Walmart International’s gross profit dipped in the June quarter due to rising investments in India’s quick commerce sector via Flipkart and Myntra. Kathryn McLay, CEO of Walmart International, said the company is ramping up its focus on rapid deliveries in India. This move comes as competition heats up with players like Blinkit, Swiggy Instamart, and Zepto.
Licious founders push IPO to 2027-28, call unicorn tag ‘a digression’
At The ET Soonicorns Summit 2025, Abhay Hanjura and Vivek Gupta said the Temasek-backed meat and seafood brand will turn profitable before a public listing, and is betting big on offline expansion.
Quick commerce platforms go all-in on festive discounts
A fierce price war is erupting in the quick-commerce sector as platforms like Blinkit, Zepto, and Swiggy Instamart offer substantial discounts, up to 70% on select items, to attract customers during the festive season. Newer rivals such as Flipkart Minutes and JioMart are also aggressively participating, leading to increased competition and higher discounts on daily essentials and festive-specific products.
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