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Grubtech Raises $15 Million

Led by Jahez Group, funds will accelerate geographic expansion into Saudi Arabia, Europe and the UK DUBAI, UAE, May 28, 2024 /PRNewswire/ -- Grubtech, a leading SaaS integration and unified commerce platform that empowers F&B and Quick Commerce enterprises, announced it has raised $15 million as part of its Series B and a Series A extension round. The Series...
Saudi Arabia United Kingdom United Arab Emirates Mohamed Al Fayed Prnewswire Grubtech Abdulaziz Alhouti

Flipkart Feels The Pinch; Walmart Owned Company Looking Get Into The Game Of E-Tailing Space

Flipkart hasn't always been a quick delivery service; the majority of deliveries take longer than two days. This remains unchanged from years past. Flipkart is one of the earliest e-marketplaces in India. Flipkart in India thrived on Indian consumers's ever-changing demand and responding price sensitivity.
Zomato Ltd Quick Commerce Adjusted Earnings Before Interest Flipkart Quick

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Blinkit: How quick commerce is rewriting the rules of retail in India, ET Retail

Quick commerce, or super-fast deliveries, is becoming increasingly popular among millennials and Gen Z, with companies delivering various items to doorsteps in no time. Quick commerce makes up about 5-6 per cent of a households grocery spending, with platforms like Blinkit valued at around $13 billion. It is mostly popular in big cities but is also gaining traction in places like Vizag, Nagpur, Kochi, Jaipur, and Lucknow.
Andhra Pradesh Uttar Pradesh Seshu Kumar Tirumala Aadit Palicha Swiggy Instamart Phani Kishan

Blinkit: How quick commerce is rewriting the rules of retail in India

Quick commerce, or super-fast deliveries, is becoming increasingly popular among millennials and Gen Z, with companies delivering various items to doorsteps in no time. Quick commerce makes up about 5-6 per cent of a households grocery spending, with platforms like Blinkit valued at around $13 billion. It is mostly popular in big cities but is also gaining traction in places like Vizag, Nagpur, Kochi, Jaipur, and Lucknow.
Uttar Pradesh Andhra Pradesh Phani Kishan Satish Meena Seshu Kumar Tirumala Aadit Palicha

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