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Flipkart also rolled out Flipkart Quick, a hyperlocal 90-minute delivery service for product categories such as groceries, home accessories, mobile phones, stationery, and more. [58] In October 2020, Flipkart acquired a 7.8% stake in Aditya Birla Fashion and Retail for US$204 million.
The e-commerce group, owned by Walmart, said Flipkart Quick leverages the company’s supply chain infrastructure and a new location mapping technology framework to deliver within 90 minutes to ...
Ekart logistics or Ekart courier is an Indian courier delivery services company, headquartered in Bangalore, Karnataka. [1] [4] A subsidiary of electronic commerce company Flipkart Pvt. Ltd., it is run by Instakart services Pvt. Ltd. [5] [6] Ekart delivers around 10 million shipments a month. [1]
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Zepto is an Indian quick-commerce company headquartered in Bengaluru. [2] It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. [3] As of August 2024, the company is valued at over $5 billion [4] and operates over 250 dark-stores across ten metropolitan areas in India.
In July 2021, the company reported delivering over 7000 groceries in 15 minutes in Gurgaon. [20] A month later, in August 2021, it introduced 10-minute delivery in the top-12 cities, after completing over 20,000 under-15-minute deliveries per day across 10 cities. [21]