QUICK-COMMERCE
Blinkit can break-even in Q4, says Nomura; raises Eternal target price
Nomura raised Eternal’s target price to Rs 370, projecting a 12% rally driven by Blinkit’s shift to an inventory-led model, store expansion, and expected breakeven by FY26. Food delivery remains the cash engine with strong growth prospects, while competition poses near-term risks.
Dish TV eyes 25% revenue from non-DTH biz in two years, forays into smart TV market
Dish TV is actively 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, offering integrated DTH and OTT entertainment. The company envisions becoming a comprehensive content ecosystem player, spanning devices, content, streaming, and linear TV.
Order now! With Zomato & Swiggy soaring, which stock should be in your portfolio?
Zomato and Swiggy have experienced significant growth, fueled by strong order volumes and improved quick commerce prospects. While GST rule changes initially caused concern, analysts believe the impact will be minimal as both companies adapt through platform fee adjustments.
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.
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.
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.
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.
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.
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.
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.
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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