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The Latest Breaking News from Instamart

Bharatgas introduces Lite ZIP, a next-generation lightweight LPG cylinder, to expand to 100 cities by August 15

Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections and express delivery services. The company plans to expand this service to 100 additional cities by August 2026. This launch follows a similar initiative by Hindustan Petroleum Corporation Ltd. These moves…

The Economic Times

Instamart ties up with HPCL to launch India’s first on-demand LPG cylinder delivery on quick commerce

Instamart and HPCL launch India's first on-demand LPG cylinder delivery service. Consumers can now order HP Navya composite LPG cylinders via the Instamart app. This new service requires no existing domestic LPG connection for ordering. First-time orders are new cylinder purchases, while subsequent orders are refills. The partnership aims to…

The Economic Times

Quick commerce platforms gear up for gourmet grocery war

Quick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offerings. Swiggy's Instamart and Blinkit are also expanding their premium produce selections. New platforms and D2C brands focused on clean food are gaining investor attention.

The Economic Times

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Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?

Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confidence. Analysts express bullish views on both companies' long-term growth prospects. Eternal's quick commerce segment shows promising EBITDA positive results. Investors should monitor competition and valuation dynamics closely.

The Economic Times

Swiggy Instamart gets 9 FSSAI notices following customer complaints on contaminated food, milk

India's food regulator, FSSAI, issued nine notices to Swiggy Instamart. These notices followed multiple consumer complaints alleging unsafe food products were delivered. Expired, spoiled, and contaminated items were reportedly supplied through the quick commerce platform. FSSAI has demanded detailed explanations and compliance reports from Swiggy Instamart. Failure to comply may…

The Economic Times

Swiggy, Eternal surge up to 7%. Should investors chase the rally?

Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy's foreign ownership falling below 50% and optimism around quick commerce. Analysts remain positive on Eternal's long-term prospects, while maintaining a more cautious stance on Swiggy amid intensifying competition in the fast-growing quick commerce market.

The Economic Times

ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. However, while the foreign shareholding in the company has dropped to less than half, Swiggy has not yet achieved IOCC status.

The Economic Times

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Swiggy's foreign shareholding falls below 50%: What it means for investors

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial…

The Economic Times

Swiggy shares jump 7% as foreign ownership falls below 50%. What this means quick commerce giant?

Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company closer to qualifying as an Indian-owned and controlled company. While no immediate operational changes follow, the milestone could eventually allow Instamart to own inventory directly, boosting margins and improving supply chain efficiency.

The Economic Times

Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%

The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classify it as an Indian-owned and controlled company (IOCC), a status that would let its quick commerce arm Instamart own inventory directly, improving margins and supply chain…

The Economic Times

Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The $11 billion segment is heating up further as Zepto prepares a $1 billion IPO…

The Economic Times

Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the line

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swiggy Instamart are largely refusing to dive into the price war as they prioritise profitability, industry executives said.

The Economic Times

Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil Barua

Delhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expand margins. Four years after its listing and a year after acquiring Ecom Express, Barua says India’s logistics sector is headed for consolidation, arguing that the market can…

The Economic Times

Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejig

Quick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reasons. Both executives, formerly of Flipkart, played crucial roles in the quick commerce business. This comes as Swiggy, Instamart's parent company, faces intense competition in the rapidly growing quick…

The Economic Times

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The Economic Times

Flipkart Minutes expands to 1,000 stores as quick commerce competition intensifies

Flipkart's quick commerce arm, Minutes, is rapidly expanding, aiming for 1,500 fulfilment centres in over 180 cities soon. This aggressive growth, adding about 100 stores monthly, targets both metros and smaller markets, differentiating from competitors like Blinkit, Zepto, and Instamart. Minutes is leveraging Flipkart's vast customer base to offer a…

The Economic Times

Inside Zepto's profit push ahead of its IPO

Zepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong order volumes, Zepto's aggressive low-price strategy has led to significant operating losses, though per-order losses are narrowing. Investors will closely watch its ability to improve monetisation and profitability while maintaining growth.

The Economic Times

Amazon Now to launch 100 large fulfilment stores in key markets ahead of Prime Day

Amazon Now is launching 100 large fulfillment centers across major Indian cities, significantly expanding its product assortment beyond daily essentials to include electronics and other everyday items. This strategic move aims to deliver products in 10-20 minutes, bolstering its presence in the rapidly growing quick commerce sector ahead of its…

The Economic Times

Where Zepto stands in q-comm; H-1B relief kicks in

Happy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning Dispatch.

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The Economic Times

Zepto's market position; TCS' AI verdict at AGM

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.

The Economic Times

Inside Zepto’s IPO filing — the key takeaways

Quick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics. Eyeing a July debut, Zepto's IPO is set to be a significant event, with the company planning to use proceeds for dark store expansion and technology investment.

The Economic Times

BazaarNow raises Rs 72 crore from Peak XV, others to scale up quick commerce in non-metros

Founded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow touts itself as a quick commerce platform built for middle class households in Tier-2 and Tier-3 cities. So far, the company has raised Rs 80 crore.

The Economic Times

Zepto overtakes Instamart in order count, trails Blinkit in scale and profitability

For the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order value of Rs 7,591 crore and Instamart’s Rs 5,674 crore, according to data compiled by ET from the DRHP.

The Economic Times

Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share sale

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition.

The Economic Times

Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts,…

The Economic Times

ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status.

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