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Brief
Unicorn to $3 Billion in Less Than A Year: Zepto Aims for Top Spot with Bold Expansion Strategy
Dazeinfo -
Quick commerce startups in India are currently engaged in a fierce battle for dominance as they expand their foothold into the ever-competitive e-commerce landscape. Interestingly, foreign investments in these startups are significantly contributing to their growth. Among these contenders,...
Brief
From Gujia to Pichkaris: Indian Festivals are Shaping the Future of Quick Commerce
Dazeinfo -
India is a land of festivals, and these festivals typically drive huge demand for food, groceries and various other products ordered through e-commerce platforms. Interestingly, Holi, this year's first biggest festival celebrated on Monday, 25 March 2024, triggered a...
Brief
India’s Unicorn Startups on a Hiring Spree: 25,000 New Faces Join the Workforce Despite Challenges
Dazeinfo -
The Indian startup ecosystem continues to exhibit a robust appetite for skilled talent, particularly evident in unicorn startups valued at over $1 billion. In the past year alone, India's top 15 unicorns have let go of their 33,000 underperforming...
Brief
India’s Quick Commerce Market Heats Up: Flipkart Is Entering With New Strategies
Dazeinfo -
The concept of quick commerce in India, ensuring the delivery of groceries and various items within 10 to 20 minutes, seemed like a dream a few years ago. However, the competition in this sector is currently intensifying, with dominant...
Brief
SoftBank Exits Policybazaar: $650 Million ROI Sets Benchmark for Other Indian Startups
Dazeinfo -
Over the past couple of years, a considerable number of foreign investors divested their stakes in various Indian startups. The reasons for these divestments have varied, ranging from profitable exits to acknowledging the challenges faced by these billion-dollar startups,...
Brief
Zomato Plays the Long Game: Prioritizes Brand Identity Over Super App Ambitions, Ditches International Dreams
Dazeinfo -
Zomato has been making waves in recent months with its strategic business restructuring decisions in a bid to strengthen its dominance in India's fiercely competitive food delivery sector. A crucial part of this strategy involves making Blinkit, its quick...
Brief
India’s Evolving Mobile App Preferences: Users Engage with 7 Apps on Average
Dazeinfo -
In the evolving landscape of India's digital revolution, the last decade has witnessed a phenomenal rise in smartphone adoption, accompanied by a parallel surge in the usage of mobile applications. According to a recent CyberMedia Research (CMR) study, an...
Brief
Dunzo FY23: Rs 1,800 Cr Loss on the Path to Generate Rs 226 Cr Revenue
Dazeinfo -
Dunzo, the quick commerce startup in India, has found itself in hot waters over the last couple of years. The latest financial result for the fiscal year 2023 has only added to its troubles. On the surface, there's reason...
DI Prime
India’s Co-Branded Credit Card Craze: A Financial Revolution in Partnership
Dazeinfo -
The Indian banking industry is undergoing a dramatic digital makeover, marked by cutting-edge technologies and strategic collaborations. While the world of digital payments has been commanding attention, there's a remarkable trend sweeping through India's financial landscape: the surge in...
Brief
Why PhonePe, Google Pay, and Merchants Are Apprehensive About the New UPI Plugin?
Dazeinfo -
The adoption of UPI (Unified Payment Interface) has surged over the past five years, driven by the widespread use of smartphones and the availability of high-speed internet across India. Players like PhonePe, Paytm, and Google are vigorously competing to...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions
Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...