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Amazon Bets on AI, Micro-Fulfilment and 20-Year Horizon for India Quick Commerce Play
Amazon Fresh India head Srikant Sree Ram lays out a quick-commerce playbook anchored on AI-driven forecasting, 3,000–5,000 sq ft micro-fulfilment centres serving a 2-km radius, and 9,000 sq ft Fresh FCs. Strategy rejects short-term profit chase, prioritising assortment, quality, savings and experience over a 20-year arc.
Outlook Business · 6/4/2026, 8:55:28 AM
UPI hits record 23.2 Bn monthly transactions in May; PhonePe holds 46.2% share
India's UPI rail processed 23.2 billion transactions worth Rs 29.90 lakh crore in May 2026, averaging 748 Mn daily transfers and Rs 96,465 crore in daily value. Volumes grew 3.8% MoM. PhonePe leads with 46.2% share, followed by Google Pay (33%) and Paytm (8%); smaller apps are pushing NPCI for a level playing field.
Entrackr · Newsletter · 6/1/2026, 4:37:37 AM
Flipkart commands 50-60% of India e-commerce GMV, widens lead over Amazon and Meesho
Flipkart holds 50-60% GMV share in Indian e-commerce, dwarfing Amazon (25-30%) and Meesho (~10%). It dominates smartphones and electronics at 63-64%, runs a 450,000-seller marketplace, handles 90% deliveries in-house via Ekart, and added 8.5M weekly active users—26.8M YTD—taking MAU to 220-240M.
CNBC-TV18 · Companies · 5/19/2026, 3:43:45 AM