Quick commerce start-up Zepto raises $340 million at $5 billion valuation

Bengaluru/IBNS: Indian quick commerce start-up Zepto has raised $340 million in a follow-on financing round led by General Catalyst, with Dragon Fund and Epiq Capital joining as new investors.

These states may permit home delivery of liquor through online platforms like Swiggy, Zomato: Report

New Delhi: States such as New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala are exploring pilot projects to allow home delivery of liquor through online platforms like Swiggy, BigBasket, Zomato, and its Blinkit quick-commerce arm, according to an Economic Times report.

Zepto raises $665 million in funding, company value goes up to $3.6 billion

Quick-commerce company Zepto on Friday announced it has secured $665 million in a funding round, which has doubled its valuation to $3.6 billion, media reported.

Blinkit's revenue jumps 207% to Rs 724 cr in FY23, loss widens to Rs 1,190 cr

Mumbai: Blinkit reported a substantial surge in revenue from operations, marking a 207 percent increase to Rs 724 crore. This follows its transition to quick commerce in December 2021 and subsequent acquisition by Zomato.

Zomato likely to call board meeting to approve Blinkit buyout: Report

Mumbai: Food aggregator platform Zomato may call a board meeting on June 17 to approve the buyout of quick commerce company Blinkit, formerly known as Grofers, media reports said.