India Australia Quick Commerce: Though the match result was disappointing for the fans with India ending on the losing side, it was a day of blockbuster sales for quick-service restaurants, pubs, bars and delivery platforms.
The fundraise was at the same valuation as the last funding round in August, when it raised $200 million at a $1.4 billion valuation, becoming the first unicorn to be minted in India this year.
The quick commerce company bounced back with a 29% quarter-on-quarter gross order value (GOV), growth following tepid growth in Q1FY24, due to temporary disruptions in the business.