Tata-owned BigBasket has elevated former Chief Buying and Merchandising Officer Seshu Kumar Tirumala to COO, sharpening operational execution as it trails Blinkit, Instamart and Zepto in quick commerce. Private label now drives 40% of sales, but BigBasket holds only mid-single-digit q-comm share.

The Hindu BusinessLine · 6/4/2026, 2:19:45 PM

Spun out of Unilever, Magnum Ice Cream is anchoring a ₹900-crore Global Capability Centre in Pune and a METSA HQ in Mumbai, quadrupling factories and rolling out 50,000 deep-freeze cabinets. Quick-commerce tie-ups with Blinkit, Zepto and Instamart underpin a premiumisation play despite an FY26 net loss of ₹385.6 crore.

The Hindu BusinessLine · 5/29/2026, 3:27:12 AM

Shareholder pushback blocked Swiggy's first bid for Indian-Owned and Controlled Company status, which would unlock an inventory-led quick commerce model for Instamart under FDI rules. FY26 losses widened 33% to ₹4,154 Cr even as revenue grew 51% to ₹23,053 Cr.

Inc42 · Buzz · 5/27/2026, 5:17:10 PM

Swiggy's proposal to amend its articles of association failed to clear the 75% special resolution bar, securing 72.36% shareholder support. The amendments sought founder board representation and groundwork for Indian Owned and Controlled Company status. Stock slipped 6.49% to ₹270.70.

CNBC-TV18 · Companies · 5/27/2026, 12:15:51 PM

Two-year order growth of 150% spans 10,000 protein SKUs on Instamart, with protein chips (+300%), yogurt (+280%) and milkshakes (+225%) leading the pack. Peanut butter tops searches; tofu up 87%. Demand is spreading from Bengaluru and Mumbai into Nagpur, Jaipur, Guwahati and Visakhapatnam.

Business Today · Latest · 5/27/2026, 11:10:30 AM

Swiggy Instamart's protein catalogue has scaled to 10,000 SKUs, with protein snacks up 300% YoY, yoghurt 280% and milk/shakes 225%. Tier-II cities Nagpur, Jaipur and Guwahati are accelerating demand alongside metros, with one cart hitting ₹2.71 lakh.

Business Today · Latest · 5/27/2026, 3:51:54 AM

Special resolution to amend AoA for Indian-Owned-Controlled Company status secured only 72.35% support. Investors cited governance concerns over founder board-nomination rights and FY26 losses of ₹4,154 Cr. Stock down 35% since listing as Instamart battles Blinkit and Zepto.

Inc42 · 5/25/2026, 12:38:31 AM

Shareholders fell short of the 75% threshold needed for Swiggy to qualify as an Indian Owned and Controlled Company, delaying Instamart's shift to an inventory-led model with private labels — a margin playbook already executed by Eternal-owned Blinkit. The setback pushes back the q-commerce arm's next expansion phase.

Business Standard · Companies · 5/23/2026, 10:45:39 AM

Swiggy's bid to induct CFO Rahul Bothra and co-founder Phani Kishan as directors fell short, securing 72.35% versus the 75% threshold needed for Indian Owned and Controlled Company status. The rebuke lands as FY26 net loss hit ₹4,154 crore and shares trade 45% below listing price, with Instamart's contribution margin still at -1.8%.

The Hindu BusinessLine · 5/22/2026, 2:43:54 PM

Swiggy's plan to reclassify as an Indian Owned and Controlled Company hit a wall after shareholders delivered only 72.36% approval to amend its Articles of Association, below the 75% mark needed. The setback delays Instamart's inventory-led quick commerce playbook even as rival Eternal-owned Blinkit pulls ahead.

Business Today · Latest · 5/22/2026, 2:33:07 PM

Special resolution to amend Articles of Association fell short of the supermajority threshold, stalling Swiggy's path to qualify as an Indian-Owned and Controlled Company. The reclassification would have unlocked Instamart's inventory-led model under FDI rules, a structural advantage rival Eternal already enjoys.

Outlook Business · 5/22/2026, 9:16:43 AM

Walmart credits Flipkart and Flipkart Minutes for international ecommerce sales rising 27% and ad revenue 32% in Q1 FY27. The unit runs 800+ micro-fulfilment centres with sub-13 minute delivery across 30+ cities, targeting 1,200 dark stores while a $2-2.5 Bn pre-IPO round stays deferred.

Inc42 · 5/22/2026, 6:35:21 AM

The resolution to convert Swiggy into an Indian-owned and controlled entity secured 72.36% support, falling short of the 75% threshold. The setback freezes Instamart's planned shift from marketplace to inventory-led quick commerce, even as Q4 FY26 revenue rose 44.7% to ₹6,383 Cr and net loss narrowed 26% to ₹800 Cr.

Inc42 · Buzz · 5/21/2026, 8:49:55 PM

Bernstein finds Indian q-com platforms spend ₹98-100 per order against ₹116-118 fulfilment cost despite scale gains. Blinkit leads with 77M MAU and 2,222 dark stores across 243 cities; Zepto bets on density with 21 stores per city in 61 cities and 10.5 weekly sessions per user; Instamart trails at 20M MAU.

The Hindu BusinessLine · 5/21/2026, 12:51:03 PM

After PM Modi gifted Parle Melody toffees to Italian PM Giorgia Meloni, the clip racked up 100M+ views. Brands from Blinkit, Zepto, Swiggy Instamart to Air India, India Post, DTDC, Yes Madam, SBI Securities and MobiKwik piled onto the trend with meme posts, turning a 50-paise candy into a national marketing moment.

Business Today · Latest · 5/21/2026, 8:20:12 AM

PM Modi gifting Parle Melody toffees to Italy's Meloni triggered a 100M+ view viral wave, with Air India, Blinkit, Swiggy Instamart, Zepto, MobiKwik, DTDC and India Post jumping in with topical creatives. Toffee reportedly sold out on quick-commerce, handing Parle a windfall of organic reach.

Business Today · Latest · 5/21/2026, 5:39:11 AM

Ola Electric narrowed its quarterly net loss 42.5% YoY to Rs 500 crore and generated Rs 91 crore in operating cash flow for the first time. Management is preparing a QIP to shore up the balance sheet as the EV two-wheeler maker pushes toward profitability.

YourStory · Capital · 5/21/2026, 2:07:23 AM

Ola Electric narrowed its Q4 FY25 net loss 42.5% YoY to Rs 500 crore and generated Rs 91 crore in operating cash flow for the first time, aided by PLI inflows. Revenue continues to slide and the company is planning a QIP to shore up its balance sheet.

YourStory · 5/21/2026, 2:07:09 AM

A diplomatic moment turned into a quick-commerce stress test: Parle's ₹1 Melody toffee went out of stock across Blinkit, Zepto and Instamart within minutes after PM Modi gifted it to Italian PM Giorgia Meloni, with the organic 'Melodi' meme amplifying demand into a nationwide stockout event.

Business Today · Latest · 5/20/2026, 11:34:24 AM

A viral gifting moment in Rome turned a sub-₹1 toffee into a quick-commerce stockout across Indian metros. Parle Melody vanished from Blinkit, Zepto and Swiggy Instamart within hours, exposing how thin q-commerce buffer stocks are for legacy candy SKUs and how fast cultural moments now translate into dark-store demand spikes.

Business Today · Latest · 5/20/2026, 10:12:37 AM

Swiggy is amending its AoA to qualify as an Indian Owned and Controlled Company under FEMA, mirroring Eternal's playbook of cutting foreign shareholding below 50%. The reclassification would give Instamart operational flexibility on inventory and pricing—critical levers as it battles Blinkit and Zepto in quick commerce.

Outlook Business · 5/19/2026, 11:48:04 AM

Q4FY26 splits the q-comm field: Eternal's Blinkit posted Rs 37 cr adjusted EBITDA on NOV of Rs 14,386 cr (+95% YoY) with 2,243 dark stores en route to ~3,000 by Mar 2027. Swiggy's Instamart grew GOV 68.8% to Rs 7,881 cr but EBITDA loss widened to Rs 858 cr across 1,143 stores.

Financial Express · BrandWagon · 5/15/2026, 10:51:58 AM

With Prosus and SoftBank holding ~60% of its cap table, Swiggy is restructuring to claim Indian Owned and Controlled Company status, sidestepping FDI curbs on multi-brand retail inventory. The prize: Instamart procuring directly, fatter quick-commerce margins, and parity with inventory-led Blinkit and Zepto as Q4 GOV slipped to Rs 7,881 cr from Rs 7,938 cr.

Business Today · Latest · 5/15/2026, 9:57:37 AM

Walmart-owned Flipkart has shelved its $2-2.5 Bn pre-IPO round and deferred listing plans to at least 2028, pivoting to profitability with a $20 Mn monthly burn cap. Quick commerce arm Flipkart Minutes will continue scaling from 800 to 1,200 dark stores across 30 cities despite ~500 layoffs.

Inc42 · 5/15/2026, 8:47:47 AM

Microplastic-free skincare brand La Pink, currently at ₹10 Cr revenue with 60-65% online skew, plans offline push via modern trade, kiosks and pop-ups across metros and tier 2/3 cities. Targets ₹30 Cr by FY27 and ₹100 Cr by FY28, with online entry into US and Dubai and SKU count expanding from 120 at ~10/quarter.

India Retailing · 5/14/2026, 1:26:30 AM

Swiggy is overhauling board composition and voting rights to reclassify as an Indian-owned and controlled company under FEMA/FDI rules. The shift mirrors rival structures and clears the runway for inventory-led e-commerce and deeper Instamart quick-commerce expansion.

CNBC-TV18 · Companies · 5/14/2026, 1:20:25 AM

Experts say Swiggy's margin-first stance cost Instamart roughly 200 bps of quick commerce share, while Eternal's Blinkit presses advantage. Yet QC is still under 10% of Indian retail, with 90%+ flowing through kiranas that are themselves going digital.

CNBC-TV18 · Retail · 5/14/2026, 1:18:18 AM

Food delivery GOV grew 22.6% YoY to Rs 9,005 cr with Adj EBITDA margin at 3.3%, but order frequency slipped to 4.01/user/month. Instamart GOV jumped 68.8% to Rs 7,881 cr across 1,143 darkstores in 129 cities, contribution margin improved to -1.8%. Losses narrowed to Rs 800 cr; cash pile at Rs 15,053 cr after Rs 10,000 cr QIP.

MediaNama · 5/13/2026, 10:41:14 PM

Food delivery revenue hit ₹2,304 Cr (+23% YoY) with GOV at ₹9,005 Cr and contribution margin nudging to 7.8%. Net loss narrowed 26% to ₹800 Cr. Instamart GOV slipped to ₹7,881 Cr and AOV to ₹700, but contribution margin improved sharply to -1.8% from -5.6%, with breakeven guided for Q1 FY27.

Inc42 · 5/13/2026, 10:29:53 PM

Q4 FY26 net loss widened 26% YoY to ₹800 Cr even as revenue jumped 44.7% to ₹6,383 Cr and B2C GOV rose 40.7% to ₹18,131 Cr. FY26 losses ballooned 33% to ₹4,154 Cr as Instamart burns cash against Blinkit and Zepto. MTUs up 27% but frequency slipped 5%. Brokerages split: Nomura, Citi, Kotak Buy (TP ₹370-473); MS Equal-Weight ₹322.

Inc42 · 5/13/2026, 9:52:06 PM