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Tag: dark stores

Zepto founder Aadit Palicha alleges smear campaign by rival CFO as quick commerce race heats up

Quick commerce platform Zepto’s cofounder Aadit Palicha has alleged that the chief monetary officer (CFO) of a rival firm is trying to orchestrate...

Swiggy Instamart’s operating losses peaked in Q4, says Sriharsha Majety

Meals and grocery supply platform Swiggy’s group CEO Sriharsha Majety mentioned Friday that the working losses for its quick commerce vertical Instamart peaked...

Flipkart Minutes eyes 550 dark stores before ‘Big Billion Days’

Flipkart is ready to develop aggressively in quick commerce with plans afoot to hit 500-550 dark stores earlier than its flagship Big Billion...

Blinkit unit economics hit in July-September on back of investment ramp up

Zomato-owned quick commerce platform Blinkit noticed its margins deteriorating sequentially throughout the July-September quarter as the corporate invested closely on infrastructure expansion.Blinkit reported...

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Cyber defenders sound the alarm as F5 hack exposes broad risks – The Economic Times

A greater than year-long digital intrusion into cybersecurity firm F5, publicised final week and blamed on Chinese language spies, has defenders throughout the...

IMD issues ‘cyclone alert’ in Andaman & Nicobar Islands

“The India Meteorological Division (IMD) has issued a 'cyclone alert' in Andaman and Nicobar Islands owing to a cyclonic circulation over the Bay...

Delhi to revive homestay scheme, letting residents host tourists

The Delhi government is getting ready to relaunch its long-dormant Mattress and Breakfast (B&B) scheme, permitting residents to lease out a portion of...

Corner Office Conversation with Sridhar Vembu: Humble beginnings in 1990 to a Billion Dollar global venture

What occurs when a small Indian software program agency quietly evolves into a world SaaS powerhouse with out exterior funding or information monetization?...