Food Delivery Growth, Kreditbee Funding, and Quick Commerce Trends in India
9 hours agoBusiness
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Food Delivery Growth, Kreditbee Funding, and Quick Commerce Trends in India

India's food delivery sector showed strong growth in the December quarter, with Zomato and Swiggy reporting over 20% increases in gross order value and rising monthly users. Both platforms are focusing on affordability to expand their customer base. Meanwhile, Kreditbee is seeking $120 million in funding to reach a $1 billion valuation. Additionally, quick commerce is reshaping urban retail, increasing online sales of staples and frozen foods in major cities, while discussions continue on India's AI infrastructure and investment challenges.

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