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E Commerce

Can Blip Outpace Myntra In The 30-Minute Fashion Delivery Race?


The convenience of quick commerce has upended the notion of ecommerce in India, at least as far as the metros are concerned. The norm today means delivery timelines range from 10 minutes to ASAP for everything from groceries to fashion to food and medicines. 

It’s also resulted in a massive rush for quick commerce gold in various verticals, with startups sprouting up in each major metro. Names such as Slikk, Blip, Zing, Plazza, Swish are joining the daily parlance along with Blinkit, Zepto and Swiggy Instamart, with the new brigade looking…



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by Tech In Asia

GoTo’s legal and corporate secretary said the company follows regulations for public companies and will prioritize the interests of shareholders. Source link

by INC42

SUMMARY The due diligence is done, and both sides are negotiating final terms for the cash and equity transaction If the deal closes, it will mark one of the biggest consolidation in India’s auto tech sector Notably, CarDekho entered the unicorn club in October 2021 after raising $250 Mn at a $1.2 Bn valuation. It, however, shut down its used-car retail business in 2023 after high operating costs made it unviable Listed auto marketplace CarTrade is reportedly in advanced stages to acquire rival CarDekho in a deal valued at… Source link

by INC42

From a brand known for its cool urban image and setting the Indian craft brewery benchmark, Bira 91’s survival hangs by a thread.  The startup, which has raised more than $200 Mn in funding to date from investors such as Peak XV Partners, Sofina, and Kirin Holdings, among others, is struggling to move past the slowdown that hit its business last year.   At the centre of the storm are 600 employees, the investors, and Ankur Jain, the CEO and founder of B9 Beverages Ltd, Bira 91’s parent company.  Jain is under pressure to step down… Source link