New-age Firms In Big League
A host of companies are creating ripples across industries, giving established firms tough competition, as consumers and investors warm up to them alike.
A host of companies are creating ripples across industries, giving established firms tough competition, as consumers and investors warm up to them alike.
Key findings reveal Bigbasket, Flipkart, and Urban Company are the only platforms with a minimum wage policy
Regional retail chains are thriving despite onslaught from heftier national players.
Quick commerce players offer the lowest discounts due to their focus on convenience.
The net loss of the food and grocery delivery platform widened due to sharp rise in expenses, which spiked to ₹9,748.7 crore, from ₹4,292.8 crore a year ago.
The buzz around 10-minute delivery is so strong that almost all top food delivery startups – Zomato, Swiggy, Ola, Zepto, Blinkit, BigBasket – have now come up with their version of quick commerce.
The 142% growth in the group holding company's profits will be ploughed into new digital and electronics businesses.
Hit by the pandemic, the air cooler maker’s net profit declined 41% in FY21. However, the company’s international business managed to arrest the domestic impact to some extent, says CMD, Bakeri.
The Tata group, one of India’s oldest conglomerates, recently acquired a majority stake in BigBasket, one of the biggest players in the booming e-grocery space. But the competition is stiff.
Ashwin Suresh, Aditi Shrivastava, and Anirudh Pandita quit their Wall Street jobs to create Pocket Aces. Today it runs the country’s largest socially distributed content network.