- Walmart-owned Flipkart has launched Flipkart Minutes, a quick commerce service in Bengaluru, offering deliveries within 10 to 15 minutes.
- The service includes a wide range of items, from groceries to smartphones, with free delivery on orders over Rs 100 ($1.20).
- Quick commerce is rapidly growing in India, with players like Blinkit, Zepto, and Swiggy Instamart expanding into various categories.
- Analysts are optimistic about the sector, with Goldman Sachs valuing Blinkit higher than its parent company Zomato's food delivery operations.
- Amazon remains focused on same-day delivery for Prime members and is reportedly in talks to acquire a stake in Swiggy.
Source: https://techcrunch.com/2024/08/05/flipkart-blitzes-into-india-10-minute-quick-commerce-battle/