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The on-demand company has entered the billion-dollar valuation club, thanks to its smart intra-city play. The segment is now hotting up, with both startups and legacy players joining the race.

Brands are racing to build rapid delivery on their own channels—despite unclear economics and no proven success stories. Will they succeed?
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
Online retailers are increasingly realizing that they can manage their own shipments. Where does that leave India’s leading logistics company, which owes much of its growth to the country’s e-commerce sector?