Quick commerce hottest category: Swiggy co-founder
The New Indian Express|November 05, 2024
QUICK commerce is the hottest category with its fast growth, large TAM (total addressable market), as the category can be $30-$50 billion in four years, supported by strong CAGR, said Swiggy co-founder and group CEO Sriharsha Majety.
UMA KANNAN
Quick commerce hottest category: Swiggy co-founder

Ahead of the company's IPO, to be open for subscription from Wednesday, Majety told reporters here that quick commerce is a generational opportunity that we have in front of us. "Consumer preferences, needs and wants, everything is getting developed and emerging as we go into the next phase of quick commerce," he said.

Launched in August 2020, quick commerce platform Swiggy Instamart is present in 43 cities, and it brings groceries and other daily essentials in 10-15 minutes.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESSView all
What Makes Loans Against Gold Jewellery Hit Among Borrowers
The New Indian Express

What Makes Loans Against Gold Jewellery Hit Among Borrowers

A slew of factors led by the increasing financial distress of households, regulatory curbs on personal loans & rising prices of the yellow metal are driving the mkt

time-read
3 mins  |
December 02, 2024
Retirement Planning & Portfolio Construction
The New Indian Express

Retirement Planning & Portfolio Construction

know two people who are more than 70 years old. How much of their money should be in equities? "Sir, 100 years minus their age - so they should have about 30% of their portfolio in equities".

time-read
2 mins  |
December 02, 2024
The New Indian Express Chennai

GET Massive fire in UP hospital, 10 newborns dead

TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.

time-read
1 min  |
November 16, 2024
The New Indian Express Chennai

**Massive fire in UP hospital, 10 newborns dead

TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.

time-read
1 min  |
November 16, 2024
The New Indian Express Chennai

Massive fire in UP hospital, 10 newborns dead

TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.

time-read
1 min  |
November 16, 2024
The New Indian Express Chennai

Massive fire in UP hospital, 10 newborns dead

TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.

time-read
1 min  |
November 16, 2024
A Siva temple associated with a game of chess
The New Indian Express

A Siva temple associated with a game of chess

Karpagavalli, Rajarajeshwari (consort of Pushpavaneshwarar) and Chamundeshwari. Rajarajeshwari is the Pandya princess who married Chaturanga Vallabanathar who came as a sanyasi and won the chess competition. Goddess Chamundeshwari is said to be the companion of Rajarajeshwari.

time-read
1 min  |
December 02, 2024
Xavier Samuel, Sonal Sehgal join hands for The Great Departure
The New Indian Express

Xavier Samuel, Sonal Sehgal join hands for The Great Departure

CTORS Xavier Samuel and Sonal Sehgal are all set to headline The Great Departure, a film from director Pierre Filmon, a Camera d'Or nominee.

time-read
1 min  |
December 02, 2024
The New Indian Express

Vemal's next titled Paramasivan Fathima

AFTER his last appearance in director Bose Venkat's SIR, Vemal recently announced his 35th project, titled Belladona. On Saturday, the actor announced another film. Titled Paramasivan Fathima, the upcoming film was announced by actor Vijay Sethupathi.

time-read
1 min  |
December 02, 2024
The New Indian Express

'I LEARNT NOT TO CELEBRATE MY SUCCESSES'

...says Krishna, who speaks about juggling the roles of an actor and producer in the recently released web series Parachute, while Kani Thiru discusses the complexity of playing a mother

time-read
3 mins  |
December 02, 2024