Multiple ministries evaluating quick commerce's effect on traditional momandpop shops  No immediate policy interventions planned, assessment still in early stages  Trade Minister Piyush Goyal expre...

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- Multiple ministries evaluating quick commerce's effect on traditional mom-and-pop shops
- No immediate policy interventions planned, assessment still in early stages
- Trade Minister Piyush Goyal expresses concern over e-commerce growth and small trader decline
- Industry execs warn of potential existential crisis if govt probes quick commerce companies
- Analysts argue intervention premature, cite job creation and foreign investment benefits 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/quick-commerce-on-govt-radar-ministries-assess-impact-on-kirana-stores-12808501.html)

Government Assesses Quick Commerce Impact on Kirana Stores

Journalist

Government Assesses Quick Commerce Impact on Kirana Stores- Grapevine

- The All India Consumer Products Distributors Federation (AICPDF) has urged Trade Minister Piyush Goyal to scrutinize the rapid growth of quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto.
- AICPDF claims the unchecked expansion of these platforms is undermining small kirana stores, which are crucial to India's retail sector.
- Quick commerce companies deny harming kiranas, stating they compete with e-commerce and modern retail instead.
- An investor suggests these companies avoid admitting impact on kiranas to evade regulatory scrutiny.
- AICPDF calls for protective measures and dialogue among stakeholders to ensure fair business practices. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/rapid-unchecked-growth-of-quick-commerce-hurting-millions-of-kiranas-and-small-retailers-fmcg-distributors-body-aicpdf-12805612.html)

Rapid Growth of Quick Commerce Threatens Kiranas: AICPDF to Piyush Goyal

https://economictimes.indiatimes.com/tech/technology/non-grocery-items-deliver-bright-growth-to-dark-stores/articleshow/109226337.cms

Quick commerce is fast evolving from a BigBasket/Kirana alternative to an Amazon alternative 💪🏻

Product Marketing Manager

- Quick commerce success in India has led to new business models in food, fashion, and pharmacy. 
- Early-stage funds like Accel and India Quotient are investing in these startups. 
- Rapid food-delivery startup Swish has raised about $2 million from Accel. 
- Blitz, a network of dark stores, is building capabilities for consumer brands and discussing a follow-on round of Rs 50 crore with IvyCap. 
- Quick commerce has compelled ecommerce majors and brands to accelerate delivery.

Source: [The Arc](https://thearcweb.com/article/quick-commerce-boom-produces-blinkit-of-x-startups-funding-swish-blitz-sgDPGBITxTov8P8v)

Quick Commerce Boom Inspires New Startups in India

All the naysayers who said this is ridiculous will slowly be proved wrong

This is BIG. Such bullishness on quick commerce.

Growth Manager

Welcome to Indian Startups's Private Community

Saw a thread by Deedy, praising qCommerce in India, and then saw few replies telling why it would/wouldn't survive in future? Thoughts...

Link to Twitter thread: https://twitter.com/debarghya_das/status/1739661699601617252?t=bJe2nzghhtc5jpsXrNWnQQ&s=19

Will quick commerce eventually die in India, like it did in USA?

Software Engineer

Quick commerce isn't easy. BigBasket tried & hasn't been 'quick enough'

Consultant

- Union minister Piyush Goyal questioned if the rapid growth of e-commerce in India is a 'matter of concern' rather than pride.
- Speaking at a report launch event, Goyal highlighted potential social disruptions due to the expanding e-commerce network.
- He emphasized the need for an orderly role for the e-commerce industry, particularly criticizing predatory pricing policies.
- Goyal pointed out the imbalance between small traders and large retailers, noting the decline of small mobile stores.
- He stressed that technology should empower and benefit a larger section of society, ensuring convenience and connectivity are citizen-centric. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/india/are-we-going-to-cause-social-disruption-piyush-goyal-says-growth-of-e-commerce-firms-cause-of-concern-12802413.html)

Piyush Goyal Raises Concerns Over E-Commerce Growth in India

- Amazon's decision to not enter India's quick-commerce market is proving costly as firms like Blinkit, Zepto, and Instamart thrive.
- Quick-commerce in India is growing at over 125%, while traditional e-commerce growth lags at 11-12%.
- Amazon's rival, Flipkart, has launched its own quick-commerce service, Flipkart Minutes, to capture urban market share.
- Analysts suggest Amazon's focus has shifted to its cloud business, with $12.7 billion earmarked for AWS operations in India.
- Regulatory challenges and strategic missteps have hindered Amazon's growth, allowing competitors to outpace the e-commerce giant. 

 Source: [Techcrunch](https://techcrunch.com/2024/08/08/amazon-is-fumbling-in-india/)

Amazon's Missteps in India's Quick-Commerce Market

The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving

India's Flipkart readies quick-commerce play | TechCrunch

Why existing companies barely succeed at new things... Flipkart finally woke up to the Q Commerce opportunity 😮‍💨

Product Manager

- Reliance Retail is struggling to establish a successful quick-commerce model, despite multiple attempts. 
- The latest attempt involves a service under JioMart, fulfilling orders in Navi Mumbai and Bengaluru from existing supermarket chains. 
- Previous pilots in Mumbai and Bengaluru, involving tie-ups with hyperlocal delivery app Dunzo, failed to scale. 
- Challenges include unsustainable unit economics, store suitability for rapid orders, lack of in-house technology, inefficient fulfilment, and high costs. 
- The company is yet to devise an effective plan for product delivery in under 30 minutes.

Source: [The Arc](https://thearcweb.com/article/reliance-retail-quick-commerce-mukesh-ambani-dunzo-grab-jiomart-1E6M6uYNGbZesmgt)

Reliance Retail Struggles with Quick-Commerce Model

- Beauty retailer **Nykaa** has launched a 10-minute delivery pilot in Mumbai, while meat brand **Licious** is piloting 15-minute deliveries in Gurgaon. 
- This comes as quick commerce disrupts various product categories, pushing companies to speed up deliveries. 
- **Myntra** is also testing a 4-hour delivery plan in four cities. 
- Nykaa's move comes as beauty emerges as a top category on rapid delivery platforms like Blinkit and Zepto. 
- Meanwhile, large e-tailers like **Flipkart** and **Amazon** are also enhancing their quick commerce offerings.

Source: [Economic Times](https://economictimes.indiatimes.com/tech/technology/nykaa-licious-amp-up-quick-commerce-game-as-consumers-demand-instant-gratification/articleshow/114057656.cms?from=mdr)

Nykaa and Licious Speed Up Quick Commerce Amid Rising Consumer Demand

- BigBasket plans to pivot entirely to quick commerce, offering only 10-30 minute deliveries
- Move aims to capitalize on growing 10-15 minute grocery delivery market
- BB Now already contributes over 50% of BigBasket's total revenue
- Company targeting $1.5 billion in sales this fiscal year, with quick commerce expected to make up 60%
- Shift comes as BigBasket eyes IPO in 2025 and aims for profitability 

 Source: [Entrackr](https://entrackr.com/2024/08/bigbasket-to-completely-pivot-quick-commerce/)

BigBasket to completely pivot to quick commerce

If flipkart , despite being the flagbearer of Indian startup success story, is far far away from real profitability ( not falana dhimkana adjusted) even after 16 years of its operation, it says a lot about Indian startup ecosystem

- India's largest retail distributor group has requested an antitrust investigation into quick commerce companies Blinkit, Swiggy, and Zepto for alleged predatory pricing. 
- The All India Consumer Products Distributors Federation (AICPDF) claims these firms are offering deep discounts and selling below cost to attract customers. 
- The AICPDF alleges that traditional salespeople are being sidelined as consumer goods companies deal directly with quick commerce firms. 
- Quick commerce, promising deliveries within 10 minutes, is a growing trend in India, challenging e-commerce giants like Amazon. 
- The Competition Commission of India (CCI) has the power to initiate an investigation if it finds merit in the complaints.

Source: [Reuters](https://www.reuters.com/business/retail-consumer/indian-retail-group-seeks-antitrust-probe-quick-commerce-companies-swiggy-2024-10-20/)

Indian Retail Group Calls for Antitrust Probe into Quick Commerce Firms

While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing
Don't know what the VCs are seeking?
Why bake a a pie that you can't eat later?

Too much money too soon, where have we seen that?

- Rapido, a ride-hailing unicorn, is exploring the quick commerce sector in India, competing with Blinkit, Swiggy Instamart, and Flipkart's Minutes.
- The Bengaluru-based company is in preliminary talks with Zepto and grocers like Pincode and KPN to strengthen its position in the market.
- Nexus Venture Partners, a common investor in Rapido and Zepto, is facilitating these discussions.
- Rapido recently became a unicorn, raising $200 million in its Series E funding round, led by WestBridge Capital.
- The company currently operates in over 100 cities, handling 2.5 million orders per day across bike taxis, autos, and cabs. 

 Source: [Inc42](https://inc42.com/buzz/flush-with-fresh-funds-rapido-seeks-to-ride-the-quick-commerce-wave/)

Rapido Eyes Quick Commerce Amid Fierce Competition

Quick commerce is killing Kirana Stores?

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