INDUSTRY PULSE

Blinkit, owned by Zomato, is launching a new service called Blinkit Cafe, which will deliver quick snacks and beverages to customers. Initially, the service will be piloted in select cities and will include popular snacks like samosas, sandwiches, and even more complex items like pasta and noodles. This move puts Blinkit in direct competition with

Delhivery, India’s leading logistics and supply chain solutions provider, has approved the allotment of 8.6 lakh equity shares under its Employee Stock Option Plans (ESOPs). This expansion comes just two months after a previous allotment of 6.15 lakh equity shares, reflecting the company’s commitment to rewarding its employees. The ESOP allotments are divided across three

Zouk, a Direct-to-Consumer (D2C) fashion brand specializing in vegan leather bags and accessories, is set to raise $10 million in its latest funding round, led by Aavishkaar Capital. The Mumbai-based company, founded by Disha Singh and Pradeep Krishnakumar, has seen rapid growth, offering handmade products that are 100% cruelty-free. Zouk, which raised $3 million in

boAt, a leading consumer electronics company known for its audio devices, narrowed its losses by 47% in FY24, reducing them from ₹101 crore to ₹53.5 crore. Despite facing a 5% drop in revenue, bringing it down to ₹3,122 crore from ₹3,285 crore in FY23, the company managed to control costs and strengthen its EBITDA, showing

In the Fairwork India Ratings 2024, mobility giants Ola, Uber, and logistics firm Porter scored zero points, indicating the worst working conditions for gig workers among the platforms assessed. The report, compiled by IIIT-Bangalore and Oxford University, examined 11 major platforms across sectors like transportation, logistics, and food delivery, including Amazon Flex, Swiggy, Zomato, and