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While executives in the industry said that the public demand for quick commerce had been established, especially in urban and high-population-density areas, the key task in 2024 would be to improve profitability and experiment with various categories as well as sale events.
India FMCG: Continued healthy demand and expansion in under-penetrated Tier II and III cities will help organised brick-and-mortar food and grocery (F&G) retailers log a strong revenue growth of 14-15% in fiscal 2025 despite fierce competition from quick commerce channels.
In tandem, Log9 is achieving significant milestones in sustainable transportation by deploying its first fleet of 2-wheelers in North India. This accomplishment is part of a strategic partnership with BluWheelz.
The brokerage, which has a buy call on Zomato stock, said that this looks like an unrelated acquisition on the face of it
Swiggy Instamart has revealed the quick-commerce trends of 2023. The report provides fascinating insights into how and what groceries Indians like to order.