Quick Commerce Boom Inspires New Startups in India

• 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