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quick commerce growth impacting traditional retail channels according to kearney report
Quick commerce is rapidly expanding, leading to a significant impact on traditional retail channels, according to a report by Kearney. This growth is reshaping the competitive landscape, as consumers increasingly turn to faster delivery options, challenging established retail practices.
leo dryfruits and spices trading achieves 346 percent profit growth in h2 fy25
Leo Dryfruits and Spices Trading has reported an impressive 346% growth in profit after tax for the second half of FY25. This significant increase highlights the company's strong performance and potential in the market.
Zepto is planning to go public by 2026, aiming for a significant market presence. Meanwhile, Snitch has reported a revenue run rate of INR 500 crore, highlighting its growth trajectory in the competitive landscape. These developments reflect the dynamic nature of the startup ecosystem.
Elon Musk's AI startup secures debt financing from TPG
Elon Musk's AI startup is poised to receive debt financing from TPG, marking a significant step in its development. This backing is expected to bolster the company's efforts in the competitive AI landscape, furthering Musk's ambitions in the technology sector.
crowdstrike faces challenges with weak forecast and government inquiry
CrowdStrike faces challenges following a disappointing forecast and a request for information from the US government. The cybersecurity firm is navigating these pressures as it seeks to maintain its market position amid increasing scrutiny.
AI-driven search ad spending projected to reach 26 billion dollars by 2029
AI-driven search ad spending is projected to reach $26 billion by 2029, indicating a significant surge in investment in this sector. This growth reflects the increasing reliance on artificial intelligence to enhance advertising strategies and effectiveness.
MapmyIndia targets significant expansion in Southeast Asia automotive sector
MapmyIndia is poised for significant growth in the Southeast Asian automotive market, highlighting the region's potential for expansion. The company aims to leverage this opportunity to enhance its presence and offerings in the rapidly evolving automotive landscape.
Bolttech secures 147 million in Series C funding to enhance insurance services
Bolttech has successfully closed its Series C funding round, raising $147 million and achieving a valuation of $2.1 billion. The company aims to enhance its embedded insurance offerings with this new capital.
Swiggy poised for quick commerce recovery despite increasing losses
Swiggy is poised to regain its share in the quick commerce sector, despite experiencing increasing losses, according to a report by Morgan Stanley. The company's strategic moves may enable it to navigate the challenges and capitalize on market opportunities effectively.