Tata Group-owned quick commerce and online grocery platform BigBasket has announced the appointment of former Amazon executive Amit Nanda as its new Chief Executive Officer (CEO), marking a significant leadership transition as the company intensifies its focus on growth, innovation, and competition in India’s fast-evolving quick commerce sector. Nanda succeeds Hari Menon, one of BigBasket’s … Read more
Quick commerce startup BazaarNow has secured ₹72 crore (approximately US$7.8 million) in a fresh funding round led by Peak XV Partners, as the company looks to expand its presence across India’s fast-growing Tier II and Tier III markets. The round also saw participation from Whiteboard Capital, Antler, and a group of prominent angel investors, including … Read more
Bengaluru: Quick commerce startup FirstClub has secured $55 million (approximately ₹512 crore) in a Series B funding round led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global, and Paramark Ventures. The fresh capital will help the company accelerate its expansion across India, strengthen its technology and supply chain infrastructure, … Read more
