December 26, 2024 09:47 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued | Canada announces change to immigration system, likely to impact Indians seeking permanent residence | Azerbaijan Airlines tragedy: 32 passengers rescued, flight attempted several emergency landing before crashing | Man sets himself on fire near Parliament building; locals, police rush him to hospital | Azerbaijan Airlines passenger plane enroute to Russia with over 70 people onboard crashes in Kazakhstan | Atishi will be arrested in fake case, claims Arvind Kejriwal after Delhi govt disowns health and women's schemes | Delhi govt departments disown Arvind Kejriwal's major poll promises, AAP chief reacts
Amazon is set to enter quick commerce race with trial in Bengaluru. (Photo courtesy: Unsplash)

Amazon India to enter quick commerce with 15-minute delivery pilot in Bengaluru

| @indiablooms | Dec 10, 2024, at 07:37 pm

Bengaluru: Amazon India is preparing to launch a 15-minute delivery service in Bengaluru later this month, which will mark its entry into the rapidly growing quick commerce market, The Economic Times reported.

Amit Agarwal, Amazon’s senior Vice-President for India and emerging markets, highlighted the rising demand among urban consumers for faster delivery of everyday essentials.

“Starting December, we’ll roll out this 15-minute delivery service in Bengaluru,” he said.

This will be Amazon’s first-ever global venture into 15-minute delivery. While the service name has not been disclosed, the initial phase will offer between 1,000 and 2,000 products, with plans to expand to additional cities over time, according to the report.

Amazon now joins five other major players in India’s quick commerce sector, a market that generates over $6 billion annually and operates primarily across 24 cities. Key competitors include BlinkIt (owned by Zomato), Swiggy, and Zepto, backed by Nexus. Industry projections by Morgan Stanley estimate that India’s quick commerce market could grow to $42 billion by 2030.

Myntra, a leading player in India’s fashion e-commerce space, has introduced a pilot program for its quick commerce initiative in Bengaluru.

The service, branded as M-Now, promises delivery of fashion and lifestyle products within 30 minutes. Currently, it features a catalog of 10,000 styles spanning categories such as fashion, beauty, and lifestyle, with offerings from brands like Vero Moda, MANGO, Tommy Hilfiger, MAC, and Bobbi Brown, reported TechCrunch.

Owned by Flipkart, Myntra serves around 70 million monthly customers. The company plans to scale M-Now to over 100,000 styles within the next three to four months and expand the service to major cities like Delhi, Mumbai, and Pune in the near future.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.