Just in time for the Akshaya Tritiya festival, Swiggy's quick commerce vertical, Instamart, has teamed up with Kalyan Jewellers to provide quick doorstep delivery of gold and silver coins in over 100 cities. Through the fast commerce platform, clients will be able to order 24-karat BIS-hallmarked gold coins
According to reports, the Competition Commission of India (CCI) has received a petition from the All India Consumer Products Distributors Federation (AICPDF) accusing Blinkit, Zepto, and Swiggy Instamart of monopolising the market and charging unjust prices. According to a media report, AICPDF President Dhairyashil Patil made the petition. According to
In the third quarter of the current fiscal year (Q3 FY25), Swiggy Instamart's margins were negatively impacted by the growing rivalry in the rapid commerce market, as the company increased its investments to keep the competition at bay. The contribution margin for Swiggy Instamart decreased from -1.9%
Amazon promises to provide daily necessities in 15 minutes or less as it makes a daring entry into India's expanding rapid commerce business. Later this month, the test programme will launch in Bengaluru, bringing competition to a market already dominated by Swiggy Instamart, Zepto, and Blinkit. Samir Kumar,
The food delivery industry has reached a saturation point in terms of the number of cities; thus, foodtech giant Swiggy is concentrating on strengthening its position in the current locations rather than expanding geographically. Following the release of its financial results for the second quarter of FY25, the company emphasised
Instamart, the rapid commerce division of IPO-bound online food delivery business Swiggy, has introduced free 24-hour delivery for all Delhi-National Capital Region (NCR) clients to capitalize on the expected spike in demand over the festival season. According to the company, the quick commerce platform aims to satisfy the increasing demand
In a possible deal involving its rapid commerce division under Instamart, Amazon India has reportedly approached Swiggy, which is preparing for an IPO, according to three people familiar with the situation. This news follows closely on the back of Swiggy's secretly submitting draft documents with Sebi for an
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Swiggy, a trailblazer in food delivery and quick commerce, has strategically merged InsanelyGood with its Instamart grocery delivery service, marking a significant move before its anticipated Initial Public Offer (IPO). The merger aims to increase investor confidence by improving efficiency and combining Swiggy's food and grocery delivery services.
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In Indian metro cities, the retail sector is changing fast with instant apps. Instant grocery delivery apps—Blinkit, Zepto, Swiggy Instamart, BBNow, and Dunzo Daily are leading this shift, making everyday shopping a breeze. They are not just names; they represent the vanguard of quick commerce. These instant delivery apps