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Instamart takes a step forward-only to find itself two steps behind

New Delhi, Aug. 7 -- After a year of steroid-fueled dark-store expansion to outpace rivals, Instamart is now staring at leaner carts. Its orders per dark store per day have fallen 22% over the past n... Read More


Lenskart enters smaller towns as IPO nears

Mumbai, Aug. 4 -- Lenskart, the country's largest eyewear retailer, is doubling down on physical stores in smaller cities and towns as it prepares for a public listing-betting on lower rents, untapped... Read More


Lenskart leans into small-town India as IPO nears

Mumbai, Aug. 3 -- As India's largest eyewear retailer prepares for a public listing, Lenskart is placing a sizable bet on physical retail in smaller cities and towns-banking on lower rents, brand whit... Read More


Delhivery bets on rapid commerce for growth, logs Rs.91 crore net profit in Q1

New Delhi, Aug. 1 -- Logistics major Delhivery is accelerating its push into new-age delivery models, capitalizing on the rise of quick commerce and expanding its partial truckload (PTL) capabilities.... Read More


Neo raises Rs.750 crore in first close of secondaries fund, targets Rs.2,000 crore

New Delhi, July 31 -- Neo Asset Management has announced the first close of its new private equity vehicle, the Neo Secondaries Fund (NSF), raising approximately Rs.750 crore towards a target corpus o... Read More


Eternal says no to NDMA's mandatory midday shutdown advisory for heatwaves

New Delhi, July 30 -- Food delivery firm Eternal (Zomato) said on Wednesday it will not heed an advisory by the National Disaster Management Authority (NDMA) that calls for platform-based firms to sus... Read More


Eternal doubles staff in FY25 on expansion drive

new delhi, July 30 -- Eternal, formerly known as Zomato, more than doubled its workforce in FY25 as the company expanded its quick commerce business, Blinkit, and the going-out vertical District. Most... Read More


Data creates a revenue path for India's fledgling space startups

New Delhi, July 29 -- For India's fledgling space startups, offering data analytics to clients across sectors is turning into a viable revenue stream as the industry grows out of the early phase of pr... Read More


Eternal in hypergrowth phase: Headcount doubles on expansion drive

New Delhi, July 29 -- Eternal, formerly known as Zomato, more than doubled its workforce in FY25 as the company expanded its quick-commerce business, Blinkit, and the going-out vertical District. Mos... Read More


Swiggy reshapes board post-IPO as SoftBank, Accel nominees exit

New Delhi, July 25 -- Swiggy Ltd has restructured its board of directors following its public listing last year. The company has appointed Faraz Khalid, CEO of e-commerce platform Noon, as an independ... Read More