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Product Manager

Myntra is testing a fourhour delivery service in Bengaluru, New Delhi, and two other cities.  The service will initially offer a smaller selection of items to customers.  Myntra plans to expand thi...

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- Myntra is testing a four-hour delivery service in Bengaluru, New Delhi, and two other cities.
- The service will initially offer a smaller selection of items to customers.
- Myntra plans to expand this service to multiple cities by the end of the year.
- The quick commerce sector in India is booming, led by Zepto, Blinkit, and Swiggy Instamart.
- Myntra's move follows its M-Express service and aims to boost sales with faster deliveries. 

 Source: [Inc42](https://inc42.com/buzz/myntra-testing-4-hour-deliveries-in-4-cities-amid-quick-commerce-boom/)

Myntra Joins Quick Commerce Race with 4-Hour Deliveries in 4 Cities

Journalist

Myntra Joins Quick Commerce Race with 4-Hour Deliveries in 4 Cities- Grapevine

- Flipkart aims to have around 100 dark stores operational by the launch of Flipkart Minutes, currently accessible to select users in certain pincodes.
- The move is part of Flipkart’s strategy to compete with Zepto, Blinkit, and Swiggy Instamart this festive season, focusing on fast delivery for non-grocery segments.
- Dark stores are being tested with employees at Flipkart’s Bengaluru headquarters, with plans to stabilize and scale up the service in specific areas.
- Flipkart’s quick commerce push is driven by revenue potential, with top platforms like Swiggy Instamart, Zepto, and Blinkit expected to surpass $1 Bn in revenue for FY24.
- This development follows Flipkart’s expansion into digital payments and fintech products, highlighting its strategy to adapt to the evolving digital commerce landscape. 

 Source: Economic Times

Flipkart Plans 100 Dark Stores Ahead of Big Billion Days Sale

Welcome to Indian Startups's Private Community

Ken: Zepto is a bronze medallist acting like a gold medallist. Gazab beijjati hai 😂😂😂

Product Owner

- 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

- The e-commerce sector in India is set to hire nearly one million gig workers and 250,000 contractual workers this festive season, according to a TeamLease report.
- Meesho, in partnership with logistics companies like Ecom Express, Delhivery, and Shadowfax, aims to create around 250,000 seasonal job opportunities, says Sourabh Pandey, General Manager for Fulfilment and Experience.
- Zepto plans to hire nearly 500 people across various roles including engineering, product, category, growth, and marketing.
- The hiring surge highlights the industry's role in job creation and its contribution to making India a $5 trillion economy by 2025, notes Balasubramanian A, Senior Vice-President at TeamLease Services.
- Quick commerce is expected to see a 35% sales increase this festive season, with companies expanding into new cities and diversifying their product portfolios to include electronics, beauty, home decor, and wellness products. 

 Source: [Business Standard](https://www.business-standard.com/industry/news/e-commerce-firms-focusing-on-quick-deliveries-this-festival-season-124081100274_1.html)

E-commerce Firms Focus on Quick Deliveries This Festival Season

- Flipkart Minutes, a rapid delivery service, is now available in Gurugram and parts of NCR, following its launch in Bengaluru.
- The service offers delivery times ranging from 8 to 16 minutes for groceries, electronics, and more.
- Users in areas like Unitech Cyber Park and Golf Course Road have already received notifications about the service.
- Flipkart has not yet issued an official statement about the public launch.
- The quick commerce sector is heating up with competitors like Blinkit, Swiggy Instamart, and Zepto making significant strides. 

 Source: [Entrackr](https://entrackr.com/2024/09/after-bengaluru-flipkart-minutes-goes-live-in-gurugram/)

Flipkart Minutes Expands to Gurugram Amidst Quick Commerce Boom

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

- Swiggy, India's top food delivery startup, has launched a service called **Bolt** for delivering meals in **10 minutes**.
- The service is live in major cities and partners with over **2,700 restaurants**, including KFC, McDonald's, and Starbucks.
- Bolt focuses on quick-to-prepare items and operates within a **2-kilometer radius** of customers.
- This move intensifies competition in India's quick-commerce market, which has grown by over **100% in a year**.
- Swiggy assures that its delivery partners won't face penalties or receive incentives based on the timing of Bolt orders.

Source: [Techcrunch](https://techcrunch.com/2024/10/04/swiggy-escalates-india-quick-commerce-battle-with-10-minute-meals/)

Swiggy Launches 10-Minute Meal Delivery in India

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?

Consultant

- Swiggy Instamart has launched a 24X7 delivery service in Delhi NCR, including Gurugram and Noida.
- This move follows Flipkart's quick commerce service debut in Delhi, offering free delivery for orders above INR 99.
- Swiggy's decision is based on their internal order analysis, showing a demand for late-night and early morning deliveries.
- The company is preparing for an IPO, with a fresh issuance of shares worth INR 3,750 Cr and an OFS of 18.53 Cr shares.
- Despite a 7% increase in net loss, Swiggy's operating revenue surged nearly 35% in Q1 FY25.
 Source: [Inc42](https://inc42.com/buzz/ahead-of-festive-season-swiggy-instamart-launches-24x7-delivery-service-in-delhi-ncr/)

Swiggy Instamart Initiates 24X7 Delivery in Delhi NCR

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

This is BIG. Such bullishness on quick commerce.

Growth Manager

Swiggy is slowly becoming unusable. They have already increased minimum amount in Instamart for free delivery from 99 to 149 to 199 now. This is really becoming a problem. Is there any other alternative to this? They are slowly showing their true colours now that they are aiming profitability.

Swiggy FEE Mafia

Sales

- 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

What’s a startup idea you had but you never built it

Business Development Manager

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

- 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

List of companies doing silent layoffs using PIP and Cultural fit issues.

Myntra
Flipkart
Meesho
Cars24
Smallcase

List of companies doing silent layoffs

Software Engineer

Welcome to Office Gossip's Private Community

Flipkart is trying to buy Dunzo to enter WC

- 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)

Myntra Joins Quick Commerce Race with 4-Hour Deliveries in 4 Cities

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