The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.
New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
With Uber & Ola fighting it out, the taxi aggregator space is set for massive growth.
India is a $180-billion automobile market, including vehicles and services. Of this, only $1 billion is online.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
Employees can take 'unlimited bereavement leave' in case of loss of a family member. All employees are encouraged to take breaks on a daily basis. This includes a mandatory 1-hour lunch break where no other meetings can be scheduled.
Given that people have been reluctant to order cooked food - which worsened due to a couple of cases of delivery personnel testing positive for COVID-19 - food delivery platforms have included grocery delivery as part of their services.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
While the first half of the year saw India's e-commerce market shrinking, the success of Diwali sales will boost the sector beyond last year's benchmark
Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.
RIL is setting up infrastructure for a full-fledged horizontal e-commerce offering - internally called the New Commerce - to simultaneously launch pan-India by October-November.
Seeks to cut biz costs by 10% for sellers across 24 verticals, by slashing fees and delivery charges.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
In India, it is fighting a pitched battle against Ola.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
To take on Amazon, Paytm e-commerce plans to add close to a billion products from all across the globe to its shopping cart.
The new Ola app will allow fleet owners to track their cars in real-time, view the performance of their drivers, and even their daily earnings
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.
The Indian arm is the second largest unit for the company, crosses 500 mn trips milestone
Flipkart has seen 33 per cent growth in past 6 months despite slowing e-commerce business and stiff competition from Amazon.
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business
From using Artificial Learning to Machine Learning to deploying drones food delivery platforms are going all out to reach the extra consumer, says Peerzada Abrar.
Loses notional value by 37.5% because of markdowns by investors
Snapdeal said it will give its users the option to defer the delivery by a few days till new currency notes become easily available.
Awfis stands out for its 'ambience' and 'ease of doing business'.
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
Ola's cash reserves are starting to run dry. The company was in talks to raise $1 billion in funding by the end of July, but no announcement has been made as yet
Its growth has been driven by discounts rather than enticing new customers to its platform
This start-up connects diners with regional cuisines that restaurants do not serve.
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