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R.I.P. or ROI: Will the Zepto funding revive quick commerce? and other top tech, startup stories this week

While the jury is still out on the profitability — if at all — of quick commerce firms, especially as a standalone business, multiple industry executives and investors in the space agreed with Palicha, on ‘execution being the differentiator.
South Africa Madhya Pradesh Bharat Billpay Swiggy Instamart Zomato Blinkit Hemendra Kothari

CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consent

CaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulations. The omnichannel retailer has challenged a show-cause notice issued by the investigative authority, sources tell us. This and more in todays Morning Dispatch.
Sumit Gupta Mithun Sacheti Amit Bhasin Noopur Chaturvedi Ibrahim Khatri Jeremy Wenokur

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