bigbasket turnover declines in fy25 amid rising quick commerce competition

BigBasket must face the decline of the turnover in the midst of the rapid rivals of trade, Etbrandequity

The E-Brocery platform supported by the digital Tata Bigbasket saw its annual turnover decline in the year that ended March 2025, since the competition of rapid rivals of the Blinkit trade, Zepto and Instamart intensified.According to the annual report of Tata Sons for Fy25, the innovative FY25 turnover of BigBasket innovative retail sales dropped by…

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lovelocal bets on quality commerce as fresh grocery segment shifts beyond speed

Lovelocal introduces the “quality trade” for the delivery of fresh food in India, Etbrandequità

The Hypelocal hyper-room e-commerce platform is repositioning a new delivery of food in India by pushing a new model that calls “quality trade”, focusing on partnerships of freshness, trust and neighborhood shops in contrast with the rapid trade model led by the inventory, according to its media statement on Wednesday. The startup based in Mumbai…

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ed files complaint under fema against myntra designs and its related companies

File complaints and under the fema against Myntra Designs and its connected companies, Etbrandequity

The execution management (de) presented a complaint pursuant to the relevant provisions of the Foreign Exchange Management Act, 1999 (Fema) against m/s. Myntra Private Limited Designs (Myntra) and its related companies and their directors for alleged violation of the collapse of RS 1,654.In a press declaration issued on Wednesday, the Federal Agency stated that the…

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