CosmicTaco

Quick Commerce Boom Inspires New Startups in India

CosmicTaco · 2024-10-02T10:54:18.789434+05:30

- Quick commerce success in India has led to new business models in food, fashion, and pharmacy. - Early-stage funds like Accel and India Quotient are investing in these startups. - Rapid food-delivery startup Swish has raised about $2 million from Accel. - Blitz, a network of dark stores, is building capabilities for consumer brands and discussing a follow-on round of Rs 50 crore with IvyCap. - Quick commerce has compelled ecommerce majors and brands to accelerate delivery. Source: [The Arc](https://thearcweb.com/article/quick-commerce-boom-produces-blinkit-of-x-startups-funding-swish-blitz-sgDPGBITxTov8P8v)

Quick commerce success in India has led to new business models in food, fashion, and pharmacy.
Early-stage funds like Accel and India Quotient are investing in these startups.
Rapid food-delivery startup Swish has raised about $2 million from Accel.
Blitz, a network of dark stores, is building capabilities for consumer brands and discussing a follow-on round of Rs 50 crore with IvyCap.
Quick commerce has compelled ecommerce majors and brands to accelerate delivery.

Source: The Arc