Blinkit’s blistering growth has delivered a massive windfall for Eternal CEO Deepinder Goyal, whose net worth jumped by Rs 2,000 crore in just two trading sessions, as Eternal’s stock soared…
Shares of Eternal, the parent company of Zomato and Blinkit, soared nearly 15% on Tuesday after it reported strong quarterly revenue, reinforcing investor confidence in its fast-growing quick-commerce arm. Eternal…
NEW DELHI: Eternal Ltd, formerly known as Zomato Ltd, the food delivery and quick commerce enterprise operating Zomato and Blinkit brands, announced on Thursday a consolidated net profit of Rs…
BENGALURU: Some quick commerce (10-minute delivery) players are now testing the waters in planned grocery purchases that the likes of BigBasket had pioneered. This shift is aimed at capturing household…
BENGALURU: The quick commerce industry in India is projected to expand significantly, with HSBC forecasting 5,000-5,500 dark stores operational by fiscal year 2025-26. The sector is expected to achieve a…
MUMBAI: The stock price of Avenue Supermarts, which owns DMart, fell 8.4% on Monday on the back of subdued performance in Q2. Stiff competition from quick commerce platforms like Blinkit,…
Indian online grocer Zepto’s valuation climbed about 40% to $5 billion in a funding round led by General Catalyst Partners, marking the latest major bet by foreign investors in the…