HYPERLOCAL DELIVERY SERVICE
Shadowfax revenue rises 57% in Q2, net profit jumps fivefold
Its total revenue, including other income, rose 58% YoY to Rs 1,558 crore in Q2 FY27. The Bengaluru-based company’s total expenses rose 53% YoY to Rs 1,490 core, driven by other expenses, employee benefits expenses and depreciation and amortisation costs.
Juspay slips into losses in FY26 on AI investments; revenue rises 30%
In the fiscal year 2026, Juspay encountered a net loss of Rs 90 crore, attributed to substantial investments in artificial intelligence and GPU infrastructure. Despite this setback, revenue soared by 29%, totaling Rs 664 crore compared to the prior year. Looking ahead to FY27, Juspay is set to bolster its GPU technology investments.
E-commerce firms turn to AI to solve for Bharat during festive sales
From spotting trends before they become popular and predicting what consumers are likely to buy to personalising recommendations – AI is doing a bulk of the work behind the scenes.
The 30-Minute Medicine Problem
How India's largest ePharmacy is building an in-house quick-commerce engine across cities and why moving medicines in under an hour is far more complicated than it looks
ET Startup Awards 2026 | Comeback Kid: Mukund Jha returns stronger with AI bet
Emergent cofounder Mukund Jha has won the Comeback Kid award at the ET Startup Awards 2026, marking a return after the collapse of Dunzo. The jury recognised his second act with AI startup Emergent, which recently raised $230 million at a $1.5 billion valuation and built more than 12 million applications through its AI-powered platform.
Swiggy suspends hyperlocal delivery service Genie across multiple cities
Swiggy has paused its Genie service in multiple cities. This pickup-and-drop service is currently unavailable in major locations. Swiggy cites operational constraints as the reason. The company is working to restore the service soon. This suspension follows the expansion of Swiggy's Bolt service. Bolt promises 10-minute delivery. Swiggy's financial results for the March quarter are due on May 9.
Shiprocket has big plans for offline ecommerce space
Zomato-backed Shiprocket is eyeing expansion beyond online retailers, looking to enable ecommerce transactions for the offline general trade segment. To that end, Shiprocket has launched a WhatsApp storefront bot and is also rolling out a quick shipping service for small businesses and direct sellers.
Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources
Zomato's hyperlocal goods delivery service 'Xtream' was rolled out in nearly all the 750-800 cities where the company offers food delivery. Zomato has also removed the Xtream app from Google Play Store as well. The online food delivery giant has more than 300,000 delivery executives nationwide.
Uber ups hyperlocal deliveries as quick commerce takes off
Delivers prepaid items from kirana stores; offers service in NCR, Bengaluru, Chennai, Hyderabad, Jaipur, Lucknow, Kolkata, Guwahati and Ludhiana
Swiggy integrates Simpl’s one-tap checkout feature
The partnership comes ahead of the year-end holiday season when demand for Swiggy’s on-demand services increases multifold, particularly during Christmas and New Year’s Eve celebrations.
Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet
Xtreme, which was launched late last month, targets both small and large merchants for delivering small packages intracity on the lines of services provided by Shadowfax, Porter and Loadshare.
Hyperlocal delivery revolution: How shopping trends are changing the logistics industry?
For hyperlocal deliveries, speed is the core essence, where customers expect their deliveries within a few hours, if not minutes.
Flipkart expands 90-min delivery service Quick to six new cities
The company said it was leveraging its investment in Ninjacart, a wholesaler of fresh produce, local vendors, and logistics partner Shadowfax to enable last-mile deliveries through Quick
Flipkart preparing to start hyperlocal delivery services: Sources
The service will be available via the Flipkart app, and initially, deliveries will be done from local warehouses and select shops.
Taxi company Baxi ties up with two FMCG brands, services to begin in January
Baxi, which had raised Rs 10 crore in 2015 from a host of well-known early-stage investors, is in the final stages of launching its hyperlocal delivery service, which is expected to go live in January.
AskmeBazaar launches hyperlocal business for Hyderabad
The NDD service has a minimum order value of Rs 1000 and only branded goods will be traded over the platform, added Mathur.
Grofers, PepperTap, TinyOwl want to prove hyperlocal isn't only hype
Despite various headaches, investors have fuelled millions of dollars into these startups and the ventures themselves are riding a growth rocket.
Spirit of co-operation exists between the smaller & big ecommerce players
Amazon India launched its 'Kirana Now' programme in April, and even taxi aggregator Ola is entering grocery delivery, following its meals on-demand service Ola Cafe earlier this year.
Shopclues takes the cloud route to be the ecommerce operating system
As online market-places in India transition to offer a bouquet of products and services, ShopClues wants to be the ecommerce operating system on cloud.
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