Delhivery stunned the market this week with a 17% jump in revenue for Q2 FY26, hitting Rs 2,559 crore. On paper, it looks like business is booming—but behind the numbers lurks a shocking twist: the company reported a net loss of Rs 50 crore, reversing last year’s Rs 10 crore profit.
What caused this sudden downturn? The culprit is the costly integration of its Ecom Express acquisition, which…
In a strategic move that’s capturing the attention of the Indian e-commerce sector, GoKwik has promoted Abhinav Midha to Chief Business Officer (CBO). Experts say this shift could redefine how India’s online retail ecosystem grows and scales in the coming years.
Midha, who previously served as GoKwik’s Vice President of Sales, has been a driving force behind the company’s 100% year-on-year…
Indian Govt-Backed ONDC Appoints Sunil J. Singhi as Independent Director
India’s bold experiment in democratizing e-commerce just got a serious upgrade.
The Open Network for Digital Commerce (ONDC) has appointed Sunil J. Singhi as an Independent Director to its board—a move that’s expected to strengthen its mission to make digital commerce fair, inclusive, and open to all.
But who is Sunil…
The Startup No One Saw Coming—Until Now
Imagine a world where your local kirana store delivers groceries faster than any big-name app—and uses AI to do it. Sounds wild, right?
Well, it’s already happening.
A young startup named KiranaPro is quietly flipping the script on how India shops. And now, with D2C powerhouse Arjun Vaidya joining as investor and mentor, this under-the-radar brand…
Delhivery Is Acquiring Ecom Express for a Jaw-Dropping 80% Discount — What’s Really Going On?
In a deal that’s leaving the entire Indian logistics industry buzzing, Delhivery, one of the country’s largest logistics firms, is about to make a massive acquisition. But here’s the crazy part: Delhivery is buying Ecom Express for just ₹1,407 crore — an 80% discount on the company’s…
In an exciting development for India’s fast-paced startup ecosystem, Zepto, the 10-minute delivery giant, has secured $350 million in its latest funding round. Led by Motilal Oswal’s Private Wealth Division, this funding marks one of the largest-ever 100% domestically-backed fundraising efforts in India.
But that’s not all—Zepto has now raised a total of $1.3 billion in just six months…
Zepto, the Indian grocery delivery startup, has achieved a significant milestone with its valuation climbing to $5 billion, thanks to a recent funding round led by General Catalyst Partners. This represents a remarkable 40% increase in the company’s valuation.
The $340 million funding round also welcomed new investors Dragon Fund and Epiq Capital, while existing backers such as Lightspeed…
