Quick-commerce: Quick commerce platforms like Zepto, Blinkit and Swiggy Instamart are venturing into ecommerce categories such as fashion, electronics, home appliances and luggage, and go beyond just daily essentials and groceries.
A paradigm shift has occurred in the turbulent Indian startup environment in FY23, as a result of a fundraising winter that has forced firms to put profitability ahead of rapid expansion. This change has prompted considerable cost-cutting measures in addition to raising concerns regarding founder compensation in the face of employee layoffs and pay reductions.
BeepKart Raises $3 Mn; Plans Geographical Expansion inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.