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Swiggy’s Quarterly Loss Narrows, but Misses Analyst Estimates

By Uniquetimesorg October 22, 2026 0

India’s food delivery and quick-commerce company Swiggy reported a consolidated net loss of ₹922 crore for the quarter ended September 30, narrowing from ₹1,092 crore a year earlier. However, the loss was higher than analysts’ expectations of ₹792 crore. Revenue from operations rose 36.1% year-on-year to ₹7,571 crore, exceeding market estimates. Swiggy’s food delivery Continue Reading

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Deepinder Goyal Teases Dark.ai, Expanding Beyond Food Delivery

By Uniquetimesorg October 21, 2026 0

Deepinder Goyal, founder of Zomato and vice chairman of Eternal, has announced plans for a new artificial intelligence venture called Dark.ai. In a post on X, Goyal indicated that the venture would operate under Eternal, the parent company of Zomato, Blinkit, Hyperpure and District. However, details about the product and its intended services have not […]Continue Reading

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Maharashtra FDA Names Blinkit and Reliance Executives in Expired Food Probe

By Uniquetimesorg October 17, 2026 0

Maharashtra’s Food and Drug Administration (FDA) has named officials from Reliance Retail, Reliance Consumer and Eternal’s Blinkit and Hyperpure units in an investigation into the alleged re-entry of expired food products into the supply chain. According to documents reviewed by Reuters, the probe includes Blinkit CEO Albinder Dhindsa and follows a police complaint filed Continue Reading

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Swiggy Plans Instamart Model Shift to Boost Margins

By Uniquetimesorg August 20, 2026 0

Swiggy’s quick-commerce arm Instamart is preparing to shift from a marketplace model to an inventory-led model, following shareholder approval that gives the company Indian-owned and controlled status. The move could allow Instamart to hold inventory directly and compete more closely with market leader Blinkit in India’s rapidly growing quick-commerce sector. Swiggy Continue Reading

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Swiggy Appoints Nandita Sinha as Instamart CEO

By Uniquetimesorg July 28, 2026 0

Swiggy has appointed Nandita Sinha as the Chief Executive Officer of its quick commerce platform, Instamart, effective August 3, following the resignation of Amitesh Kumar Jha. Sinha, the former CEO of Myntra, brings over two decades of leadership experience, having held key roles at Flipkart, Britannia, and Hindustan Unilever. The leadership change comes at a […]Continue Reading

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Eternal Misses Profit Estimates Despite Strong Revenue Growth

By Uniquetimesorg July 22, 2026 0

Eternal, the parent company of Zomato and Blinkit, reported a nearly four-fold increase in its first-quarter net profit to ₹920 million. However, the earnings fell short of analysts’ expectations as intense competition and continued investments in its quick-commerce business, Blinkit, put pressure on profit margins. The company said competition in the quick-commerce Continue Reading

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Flipkart Accelerates Quick Commerce Push Ahead of IPO Plans

By Uniquetimesorg June 24, 2026 0

Flipkart is rapidly scaling its quick commerce arm “Minutes,” planning to expand its neighbourhood warehouse network to around 1,500 locations in the coming months, up from about 1,000 at present. The move comes as the company prepares for a future Mumbai listing, although no fixed IPO timeline has been announced. Backed by Walmart, Flipkart is […]Continue Reading

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Zomato Owner Beats Profit Estimates on Delivery, Quick-Commerce Growth

By Uniquetimesorg April 29, 2026 0

India’s Zomato parent, Eternal, reported stronger-than-expected quarterly profit, driven by steady demand in its core food delivery segment and rapid expansion in quick commerce. Budget-friendly meals and improved cost controls helped boost performance, while net order value in the food delivery business rose 18.8% year-on-year, marking a third consecutive quarter of Continue Reading

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Eternal shares jump as Blinkit breaks even; CEO Deepinder Goyal to step down Feb 1

By Uniquetimesorg January 22, 2026 0

Shares of Eternal (ETEA.NS) surged as much as 8% on Thursday after its quick-commerce arm Blinkit broke even, strengthening investor confidence in the company’s position amid intensifying competition in India’s rapidly expanding quick-delivery market. The stock later pared gains and was trading about 1% higher at 9:43 a.m. IST. Eternal posted a 73% rise in […]Continue Reading

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Zomato Founder Deepinder Goyal Steps Aside as Blinkit’s Albinder Dhindsa Takes Charge

By Uniquetimesorg January 21, 2026 0

Indian food delivery and quick commerce major Eternal, formerly Zomato, announced a top leadership reshuffle on Wednesday, with founder Deepinder Goyal stepping down as chief executive officer and managing director effective February 1. Albinder Dhindsa, the head of quick commerce arm Blinkit, will take over as CEO, while Goyal will continue with the company as […]Continue Reading