India’s fast-growing quick commerce market is getting a new deeply-pocketed entrant: Flipkart, India’s largest e-commerce firm. Flipkart has started to roll out Flipkart Minutes, its quick commerce service, in parts of Bengaluru. The new service offers customers the ability to have a wide-range of items, from grocery to smartphones, delivered to them within 10 minutes. […]
Zepto, a 10-minute delivery app, raises $665 million at $3.6 billion valuation
Zepto has more than doubled its valuation to $ 3.6 billion from $ 1.4 billion in less than a year in a new funding round of $ 665 million as the Mumbai-based startup intensifies the quick commerce competition in the world’s second largest internet market. Zepto sells and delivers everything from grocery items to electronic […]