Supr Daily founder Puneet Kumar joins Nexus as venture partner
Online grocery platform Supr Daily was acquired by Swiggy in 2018 and later merged with its quick commerce service Instamart
Stay updated with breaking news from Phani Kishan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Online grocery platform Supr Daily was acquired by Swiggy in 2018 and later merged with its quick commerce service Instamart
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 household's 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.
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 household's 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.
India Business News: In the past one year, half the new customers that we have added are all pure play quick commerce customers, who often do not make planned purchases an
This move reflects a trend among companies like Blinkit, Zepto, and Swiggy, who are prioritising higher-margin products to enhance profitability in the quick-commerce sector instead of just selling general grocery products.