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Mint Explainer | Inside the inventory-led race to dominate quick commerce in India

NEW DELHI, Sept. 29 -- From platforms to proprietors: Swiggy and Blinkit are stocking their own shelves in a high-stakes race to dominate India's quick-commerce market. Swiggy's decision to hive off ... Read More


Short stories, big players: Micro-drama startups brace as gaming giants move in

New Delhi, Sept. 27 -- India's micro-drama startups, racing to capture fleeting attention spans, now face their toughest competition yet as gaming giants enter the rapidly growing market. These compa... Read More


Swiggy sells Rs.2,400-crore Rapido stake to Prosus, WestBridge, exits with 2.5x gains

New Delhi, Sept. 23 -- Swiggy has fully divested its Rs.2,400 crore stake in Rapido, selling shares to Dutch investment firm Prosus NV and WestBridge Capital. Of the total transaction, Prosus's subsi... Read More


Porter turns profitable in FY25 with Rs.4,339 crore revenue amid fresh fundraise

NEW DELHI, Sept. 23 -- Smartshift Logistics Solutions Pvt. Ltd, which operates under the brand name Porter, reported a 56% jump in revenue to Rs.4,339 crore in FY25, up from Rs.2,784 crore a year earl... Read More


Realty services company TCC Concept to acquire Pepperfry

New Delhi, Sept. 19 -- Realty services company TCC Concept has signed a term sheet to acquire up to a 100% stake in omnichannel furniture and home goods platform Pepperfry, according to a stock exchan... Read More


From speed to stickiness: How q-comm is gaming the grocery run

New Delhi, Sept. 14 -- Quick commerce was built on speed-the promise of groceries in minutes. But the sector is now retooling that model to make consumers stay longer, layering in games, contests and ... Read More


What OYO's FY25 numbers show

New Delhi, Sept. 12 -- OYO posted its first full-year profit in FY25 as the hospitality chain prepared to launch an initial public offering (IPO) targeting a valuation of $7-8 billion. However, its pr... Read More


GST cut gives drones a lift, but supply chains remain a chokepoint

New Delhi, Sept. 12 -- The government's decision to slash the goods and services tax (GST) on drones to a flat 5% is set to reduce prices and widen adoption across agriculture, surveillance, mapping, ... Read More


ChrysCapital bets Rs.1,100 cr on ILJIN Electronics as India's EMS market surges

New Delhi, Sept. 8 -- ILJIN Electronics (India) Pvt Ltd, a subsidiary of Amber Group, has raised Rs.1,200 crore from ChrysCapital and InCred Growth Partners to scale operations, strengthen technology,... Read More


18% GST to squeeze logistics firms, hit gig workers, raise consumer costs

New Delhi, Sept. 7 -- The government's decision to impose 18% goods and services tax (GST) on delivery services is set to squeeze margins across India's logistics ecosystem-from IPO-bound Porter and U... Read More