Flipkart hires Dunzo co-founder Kabeer Biswas to head quick commerce division Minutes
7 hours, 1 minute ago

Flipkart hires Dunzo co-founder Kabeer Biswas to head quick commerce division Minutes

The Hindu  

Kabeer Biswas, co-founder of Dunzo, has reportedly joined Flipkart and will be leading the e-commerce company’s quick commerce segment, Minutes. Hyperlocal delivery platform Dunzo has been facing operational and financial difficulties for some time now leading to Biswas leaving the company. Flipkart’s move into the quick commerce business is a timely one as the segment is heated with players like Swiggy Instamart, Zomato-owned Blinkit and Zepto. The quick commerce market is projected to touch $40 billion by 2030 from $6.1 billion in 2024, according to a Datum Intelligence report.

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History of this topic

Kabeer Biswas may call it quits as Dunzo battles cash crisis: Report
1 week ago

Kabeer Biswas may call it quits as Dunzo battles cash crisis: Report

India Today  

Kabeer Biswas, the last remaining cofounder and current CEO of Reliance Retail-backed Dunzo, may leave the company, according to a report by The Economic Times. The situation has also prompted former Dunzo executives to explore new ventures in the quick commerce space, as the company’s dominance in the sector diminishes. The future of Biswas’s role at Dunzo, along with the …

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO
1 week, 2 days ago

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO

Live Mint  

New Delhi, Jan 1 The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and CEO Aadit Palicha has asserted. In a LinkedIn post on New Year's Eve, he said Zepto last year announced that 2024 will be the year people realise that quick commerce …

Amazon's quick commerce service code named Tez to challenge Blinkit, Zepto
1 month, 2 weeks ago

Amazon's quick commerce service code named Tez to challenge Blinkit, Zepto

India Today  

Amazon India is planning to launch its quick commerce service, reportedly code-named Tez, as early as late December or early next year, reported news agency Reuters. According to sources cited in the report, this move will mark Amazon's entry into the fast-growing quick commerce space in India, where competitors like Blinkit, Zepto, and Swiggy Instamart currently dominate. Flipkart, Amazon’s main …

Quick commerce hottest category: Swiggy co-founder
2 months ago

Quick commerce hottest category: Swiggy co-founder

New Indian Express  

BENGALURU: Quick commerce is the hottest category with its fast growth, large TAM, as the category can be $30-$50 billion in four years, supported by strong CAGR, said Swiggy co-founder and group CEO Sriharsha Majety. “Consumer preferences, needs and wants, everything is getting developed and emerging as we go into the next phase of quick commerce,” he said. Launched in …

Walmart's Flipkart to Offer 90-minute Delivery of Groceries and Home Accessories in India
4 years, 5 months ago

Walmart's Flipkart to Offer 90-minute Delivery of Groceries and Home Accessories in India

News 18  

India's Flipkart said on Tuesday it plans to offer 90-minute deliveries for groceries and home accessories, as the Walmart-owned online retailer goes head to head with Amazon.com Inc in a key growth market for e-commerce. Flipkart said its hyperlocal service, dubbed Flipkart Quick, will also sell mobile phones and stationery items, taking it a step further than Amazon's quick-delivery service …

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