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Swiggy Sets ₹100 Billion Earnings Goal by FY31

By Uniquetimesorg August 6, 2026 0

Swiggy has announced an ambitious target of achieving ₹100 billion ($1.05 billion) in core earnings (EBITDA) by fiscal 2031. The company expects this growth to be driven by the continued expansion of its food delivery business and its quick-commerce platform, Instamart. The company projects Instamart’s gross order value (GOV) to increase four to five times, […]Continue Reading

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Flipkart Partners with Netflix to Reward Loyalty Members with Mobile Streaming

By Uniquetimesorg July 31, 2026 0

Flipkart has partnered with Netflix to offer its Flipkart Plus loyalty members a free 30-day Netflix Mobile subscription as part of a new rewards programme. Starting August 1, eligible members who place four qualifying orders in a calendar month will receive access to the streaming service, encouraging greater customer engagement and repeat purchases. To qualify, […]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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Zepto Files for $837 Million IPO Amid Rapid Growth Push

By Uniquetimesorg June 9, 2026 0

Indian quick-commerce firm Zepto is set to raise up to $837 million through its upcoming initial public offering (IPO), according to updated draft documents filed on Monday. The company plans to use the proceeds to expand its network of dark stores, strengthen technology and cloud infrastructure, and pursue strategic acquisitions as competition intensifies in India’s Continue Reading

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Swiggy Q4 Loss Narrows as Food Delivery Sees Strongest Growth in Years

By Uniquetimesorg May 9, 2026 0

India’s food and grocery delivery platform Swiggy reported a narrower fourth-quarter loss, helped by strong growth in its core food delivery business. The company said rising orders, expanding user numbers, and affordable offerings such as “99-Store” and restaurant marketplace “Toing” boosted demand. CEO Sriharsha Majety noted that the food delivery segment delivered its 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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Reliance Retail Pilots Search Platform to Boost Omni-Channel Strategy

By Uniquetimesorg February 16, 2026 0

India’s largest retailer, Reliance Retail Ltd, has begun piloting a new search-and-discovery platform aimed at better integrating its physical stores with online shopping channels. The initiative, announced on the sidelines of the Retail Leadership Summit in Mumbai, is part of its broader multi-channel push to enhance customer engagement and personalization across formats. Continue Reading

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Swiggy Narrows Quarterly Loss as Instamart Growth Accelerates

By Uniquetimesorg January 29, 2026 0

India’s Swiggy reported a narrower sequential loss for the December quarter, helped by strong momentum in its Instamart quick-commerce unit, and reiterated its goal of achieving contribution-margin break-even by the first quarter of fiscal 2027. The company posted a consolidated loss of 10.65 billion rupees, slightly improved from 10.92 billion rupees in the prior quarter, Continue Reading