Gurugram, August 30, 2026: Early Indian e-grocery startup Satvacart has shut down after 12 years of operations, closing a chapter that began well before quick commerce transformed the country’s online grocery market. The startup ceased operations on August 28, with founder Rahul H. Saxena confirming that the company’s team had been disbanded. The shutdown follows … Read more
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
Zepto, a Mumbai-based grocery delivery firm, announced on Monday that it has raised $60 million in an early-stage fundraising round, valued at $225 million, to expand its 10-minute grocery delivery nationwide. Zepto, founded in June 2021 by two 19-year-olds Aadit Palicha and Kaivalya Vohra, claims to deliver food and supplies in 10 minutes with its … Read more
