Ahead of its IPO, the startup is at its most vulnerable. With a quick commerce mainstay that trails Zomato’s Blinkit by a distance—and is burning cash to play catch-up—profits will clearly have to wait.
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From DMart to Shoppers Stop, Spencer’s to Reliance Retail almost every big retailer is looking to offer faster home deliveries to jump-start their flagging footfall. But can they unseat the startups?
The recent spate of exits at the newly independent VC firm is not a surprise. It is a reset for a fund that’s so far operated as if it is special and now has to adjust to new realities.
With the rise of quick-commerce services, some apps now allow users to compare the prices of the same product across platforms.