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Unicorn to $3 Billion in Less Than A Year: Zepto Aims for Top Spot with Bold Expansion Strategy

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,...

From Gujia to Pichkaris: Indian Festivals are Shaping the Future of Quick Commerce

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...

Swiggy’s Rs 10 Platform Fee Experiment: A Bite Out of Budget-Friendly Customers in India?

Swiggy will soon introduce a platform fee of Rs 10, a jaw-dropping increase of over 3X from the current Rs 3 levied on most customers in India. The online food and grocery delivery firm has already begun teasing this...

SoftBank Exits Policybazaar: $650 Million ROI Sets Benchmark for Other Indian Startups

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,...

Zomato Plays the Long Game: Prioritizes Brand Identity Over Super App Ambitions, Ditches International Dreams

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...

India’s Evolving Mobile App Preferences: Users Engage with 7 Apps on Average

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...

Zomato FY Q2 2024: Second Straight Profitable Quarter with 72% YoY Revenue Surge

Zomato Ltd. (NSE: ZOMATO), India's online food delivery major, unveiled its financial results for the second quarter of fiscal 2024 ending September 30, 2023. Interestingly, the company witnessed substantial growth in both revenue and net profit during this period....

India’s Co-Branded Credit Card Craze: A Financial Revolution in Partnership

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...

Uber Q2 2023 Results: All-Time High Revenue, Back to Profitability

Uber Technologies, Inc. (NYSE: UBER) has just unveiled its financial results for the quarter ending June 30, 2023, and the numbers are nothing short of impressive! The second quarter of 2023 proved to be a remarkable period for the...

Google and Reliance-Backed Dunzo is Battling the Tides: On Brink of Collapse?

India has the third largest startup ecosystem in the world, and it is constantly expanding with each passing quarter, giving birth to new startups and aspiring unicorns. Yet, despite this surge of promise, a significant portion of these unicorn or soon-to-be unicorn startups...
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Apple Q2 FY24 Earnings: Revenue Declines in All Major Markets and Products

Apple, Inc. (NASDAQ: AAPL) has unveiled its financial performance for the second quarter of fiscal 2024, ending on March...
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