Swiggy plans to launch IPO later this year, aiming to raise $1.25B with new shares at $450M and existing shares at $800M.

Blinkit, Zomato's quick commerce unit, valued at $13B, now eclipses the core food delivery valued at $11.4B. Goldman Sachs highlights Blinkit's potential and growth.

ProcMart's $30M Series B funding, led by Fundamentum and Edelweiss, powers its growth in India and Southeast Asia. This marks a significant move in the B2B marketplace.

Next partners with Myntra to open stores in Delhi, Mumbai, and Bengaluru, building on a successful online collaboration since 2023. Myntra's CEO, Nandita Sinha, highlights a doubled demand and a perfect market fit in India.

With Bazaar, Amazon introduces an array of affordable fashion and lifestyle products in India, targeting the fast-fashion market dominated by Flipkart and Ajio. Starting with t-shirts at $1.55, Amazon promises a vast selection and competitive prices.

Despite aspirations for a stock market debut, Swiggy grapples with a $200M loss and a hefty $500M loss for the fiscal year 2022-23. The food giant, valued at $10.7B, eyes recovery by cutting costs.

Decathlon is not just stepping up its game in India, it's sprinting ahead. Entering in 2009, with a network of 129 stores, the sports retailer aims to enhance local production and exports. Its app saw 29 million downloads, a testament to its booming presence.

POP aims to disrupt e-commerce with a unique marketplace for D2C brands, leveraging its UPI handle to offer POPcoins rewards. With 140 brands like Perfora & Khadi Essentials on board, it targets 10M users by 2024, addressing high acquisition costs.

Baron Capital marks Swiggy at $12.16B, surpassing its $10.7B value in 2022. A leap from a $5.5B low, hinting at India's booming food delivery sector.

Asos is in talks with Reliance Retail for an exciting entry into the Indian market, eyeing online and offline presence through Ajio and Centro stores. The move could boost Asos's sourcing and expand Reliance's fashion portfolio.

Swiggy, prepping for a monumental IPO, flips its name from Bundl Technologies to Swiggy Pvt Ltd, aiming for brand proximity. This $1Bn IPO move is to mirror its core brand more closely, enhancing stock market presence.

Amazon's Bazaar aims to revolutionize value fashion with items under $7.2, zero extra charges for sellers, and a promise of hassle-free delivery. Facing off against Flipkart, Ajio, and Meesho, Amazon's move could reshape the fast-fashion e-commerce landscape in India.

Meesho, the Indian social commerce giant, Bengaluru-based underdog is showing Flipkart and Amazon how it's done, with a whopping 32% user growth year-over-year as of December 2023. Would say it is David versus Goliath... but Meesho is already a small giant

Swiggy, the Indian food delivery giant, is testing a fee hike from ₹5 to ₹10 (€0.1) per order. This strategic move aims to reduce losses and strengthen its position for an upcoming IPO.

🇮🇳 Swiggy Instamart expands into Café Market via Instacafe, a new division resembling a café, to diversify its offerings and tap into higher profit margins. This strategic decision responds to the competition and aims to boost Swiggy's profitability through café-style products like sandwiches, coffee, and pastries. Instacafe allows customers to add these items to their regular Instamart grocery orders. With its pilot in Bangalore and Hyderabad offering about 60 SKUs, Instacafe represents Swiggy's expansion beyond groceries, including private brands and electronics

🇮🇳 Captain Fresh secures €12.1M in extended Series C funding, led by Nekkanti Sea Foods. The Bengaluru-based B2B animal protein marketplace raises total funds to €137M with a valuation close to €362M. Expansion and innovation on the horizon with this fresh capital injection.

🇮🇳 Swiggy Valuation Soars to $8.3B. Invesco hikes Swiggy's valuation, as the Indian food delivery giant gears up for its stock market debut, reflecting a robust growth trajectory.