BLINKIT
FDA suspends 43 food business licences across Maharashtra during Diwali inspections
Maharashtra FDA took action during a special Diwali enforcement drive by suspending 43 food business licenses. Inspections were conducted across seven divisions in the state, which included major cities like Mumbai and Nashik. Violations of food safety requirements led to the suspensions and the seizure of food articles worth Rs 63.09 lakh.
Surge in air purifier sales in India as pollution levels rise during winter season 2023
Air purifier sales have increased substantially in India as pollution levels rise and winter approaches. Quick-commerce platforms are experiencing heightened demand, especially from Tier 2 cities. Sales of air purifiers on Amazon have reportedly doubled recently, indicating a surge in consumer interest. Additionally, the overall market for winter appliances is projected to grow significantly this season. Analysts expect online sales to climb further as consumers continue to make purchases.
District's PVR INOX ticket sales jump 60%, rivals lag at 4%
According to data shared by District CEO Rahul Ganjoo on LinkedIn on Thursday, tickets booked through District for PVR INOX cinemas grew 60% in the April-September 2026 period compared with the same period last year. In contrast, ticket sales through all other online channels grew an estimated 4%.
FDA suspends 105 food business licences, Blinkit, Zepto among them; orders closure of 7 outlets
Maharashtra FDA has suspended the licences of 105 food outlets, including those linked to Blinkit and Zepto, and ordered seven establishments to shut following inspections ahead of Diwali. The two-day drive uncovered hygiene and food safety violations, leading to the seizure of 39,485 kg of food articles worth Rs 1.35 crore.
Dhanteras gold rush stretches quick commerce delivery fleets, stores
Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.
US polls hit tech stocks; Qcomm’s Dhanteras gold rush
US technology stocks took a major beating days after the Democratic Party took control of both chambers of the Congress. This and more in today’s ETtech Top 5.
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Dhanteras rush: Quick commerce apps flag high demand, surge charges
The platforms’ home screens were heavily themed around Dhanteras, the first day of the Diwali festivities, when it is traditionally considered auspicious to buy gold, silver, and utensils. The apps promoted gold and silver coins, steelware freebies, and gadgets, among other things. Lakshmi and Ganesh coins in gold and silver were also advertised.
Gold coin discount on Dhanteras 2026: Check Instamart and Blinkit discount offers on pure gold coins
Dhanteras 2026 Gold coin discount offers: Festivals like Dhanteras and Diwali often lead to a surge in gold purchases, especially gold coins. Renowned jewelers such as Tanishq, Malabar, GRT, and Joyalukkas have different pricing for 24 karat gold. Consumers can also explore online services like Instamart and Blinkit that offer gold coin options with included discounts.
Deepinder Goyal teases big reveal on Temple, will explain 'why I left $35 billion Eternal for Temple'
Deepinder Goyal has revealed his upcoming departure from Eternal to pursue Temple, a health wearable startup. He plans to provide a detailed note explaining his decision and the vision for Temple. Goyal's message will also address the startup's objectives and what it aims to achieve for humanity's betterment. Additionally, he has expressed his discontent towards certain doctors who criticize the health sector. Goyal is expected to share this information shortly.
Blinkit Ambulance is no longer entirely free! Deepinder Goyal introduces Rs 2,500 charge; check which services remain free
Deepinder Goyal has announced a Rs 2,500 fee for non-emergency Blinkit Ambulance transfers, while emergency services will remain free. The move comes after the service handled around 42,000 cases in two years, including nearly 20,000 emergencies. Goyal also outlined plans to expand the ambulance network to major Indian cities.
Shiprocket posts maiden profit on strong core business growth
The company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
Blinkit Ambulance to charge Rs 2,500 for non-emergency trips; emergency service will stay free: Deepinder Goyal
Goyal said Blinkit Ambulance has served about 42,000 cases in the last two years, of which roughly 20,000 were emergencies. None were charged but a growing share of bookings were for routine checkups, hospital visits and hospital-to-home transfers, trips that “an Uber or private transport could have handled just as easily,” he said.
Bengaluru woman calls customer care to seek Rs 441 refund for ill-fitting clothes, loses Rs 1.05 lakh
A Bengaluru woman lost Rs 1.05 lakh while trying to get a Rs 441 refund for ill-fitting clothes after contacting a fake customer care number found online. In a separate incident, another woman lost Rs 98,000 while seeking a replacement for a damaged curd packet ordered through Blinkit.
ETtech Explainer: Food delivery, ride-hailing firms differ on gig worker welfare levy calculation
Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated through their platforms, while cab and bike-taxi aggregators such as Uber and Rapido want it to be calculated on their own turnover rather than the total value of rides facilitated.
From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion
The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer internet platforms by transaction volumes. Ride-hailing continues to comprise more than 95% of the company’s daily average orders.
Micro occasions fuel demand surge across quick commerce, beauty services
On Myntra Now, overall orders rose about 70% on October 29 compared to regular days. “We saw intent for Karva Chauth starting from October 28, with demand spanning ethnic wear, beauty, and accessories,” said a Myntra spokesperson, adding that in the two days leading up to the festival, demand for kurtas, kurta sets and sarees rose 2.5 times, while red lipsticks saw a 2.1x increase across Delhi-NCR, Lucknow, Jaipur, Pune, Bengaluru, and Mumbai.
Zomato to roll out price-masking ‘Mehmaan Mode’ for group orders after LinkedIn user’s suggestion
LinkedIn member Ayushmaan Agarwalla, a marketing manager, posted on the networking platform proposing a ‘Mehmaan Mode’ toggle that would remove prices from the app so a host could hand the phone around and let guests order without awkwardness.
Rs 98,000 curd: Bengaluru woman orders curd on blinkit, receives damaged packet, calls customer care number found online and loses Rs 98,000
A 56-year-old Bengaluru woman allegedly lost Rs 98,000 after ordering curd on Blinkit and finding the packet damaged. Her search for a customer care number led her to fraudsters posing as support representatives, who sent a WhatsApp link and guided her through a process that ended with money debited from her bank account.
ETtech Explainer: Why Blinkit is wary of private labels while Instamart sees an opportunity
While Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private label brand Noice, its recently launched curated fruits and vegetables proposition Nectr, and its brand partnership initiative Switch.
Infosys cuts FY27 guidance; Zetwerk's muted market debut
Infosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtech Top 5.
Eternal vs Swiggy: How the numbers stack up against each other
In the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swiggy's Instamart, which reported Rs 6,553 crore. Meanwhile, Eternal's Zomato saw a healthy growth in net order value by 21.5%, compared to Swiggy's 17.7% increase. Swiggy is set to adopt an inventory model to boost profitability as both companies foresee ongoing growth in their delivery segments.
Blinkit, Instamart chart different paths to profitable growth
Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s growth to achieve profitability, while Swiggy emphasizes the quality of its expansion. Through private-label investments and habit-forming efforts, Swiggy's Instamart aims to enhance customer engagement. Both companies project a robust 20% annual growth in food delivery as Blinkit and Instamart work to expand their reach.
Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expanding
He said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserves to open new fronts simply because the money is available. “I think our first job is to build a stable, resilient business that has the clearest line of sight to EBITDA zero. The optionalities come after that,” he said on the call following the announcement of the company's September quarter results.
Never a dull moment! Why Jefferies raised Eternal’s target price after Q2 earnings
Jefferies raised its target price on Eternal to Rs 430 from Rs 415, implying around 38% upside from its previous close of Rs 312.35. The brokerage cited Blinkit’s faster store expansion and improving unit economics, food delivery growth of over 20%, and rising confidence in District.
Eternal’s strong Q2 report; Exits outpace hiring at top IT firms
Happy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimates
The growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase in net order value (NOV) to Rs 20,940 crore. During the September quarter, Blinkit continued to aggressively add dark stores and expects to exceed its March 2027 target of 3,000 stores by 500.
Blinkit sees no compelling case for expanding private labels, says Dhindsa
Albinder Dhindsa, CEO of Eternal, voiced skepticism regarding the potential for private labels to enhance profit margins. He emphasised that effective brand development mandates considerable investment in both marketing and product development, areas where Blinkit falls short.
Blinkit expects to cross 3,500 stores by FY27; CEO Albinder bullish on growth in small cities
Eternal's quick commerce platform Blinkit is set to expand significantly, aiming for 3,500 stores by March 2027. CEO Albinder Dhindsa emphasizes the potential in smaller cities that have been underserved. Despite lower incomes, data suggests demand is rising as stores cater to unfulfilled needs. The company has seen substantial growth, reporting a profit after previously experiencing losses.
Order a charger, medicines or personal care items while travelling by train: Southern Railway partners with Blinkit to solve passengers' last-minute woes
Southern Railway’s Salem division has partnered with Blinkit to let passengers order essential items, including mobile chargers, personal care products, medicines and refreshments, through the app and collect them at designated points at selected railway stations during train halts.
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