Gig worker safety row: Blinkit drops ‘10-minute’ delivery claim after labour ministry flags concerns; Zepto, Swiggy may follow

Gig worker safety row: Blinkit drops ‘10-minute’ delivery claim after labour ministry flags concerns; Zepto, Swiggy may follow

Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…

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Zepto kicks off IPO process: E-commerce startup files draft papers with Sebi: Rs 11,000 crore issue planned for next year

Zepto kicks off IPO process: E-commerce startup files draft papers with Sebi: Rs 11,000 crore issue planned for next year

NEW DELHI: Popular quick e-commerce firm Zepto filed its preliminary papers on Saturday with Securities Exchange Board of India (Sebi), aiming to raise Rs 11,000 crore via initial public offering (IPO).The company, founded by Stanford university dropouts, is using a confidential route for its stock market debut planned for next year, according to officials cited…

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Delivery Services Zomato, Swiggy, Zepto Halt Operations! Nationwide Strike on December 25 and 31st | Latest News

Delivery Services Zomato, Swiggy, Zepto Halt Operations! Nationwide Strike on December 25 and 31st | Latest News

According to IFATW, delivery partners associated with Swiggy, Zomato, Zepto, Blinkit, Amazon, and Flipkart are participating in this protest. These employees state that it is becoming difficult to work, and their earnings are also decreasing. The employees’ biggest complaint is regarding the promise of 10-minute delivery, which they want abolished. They argue that such promises…

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Swiggy 'categorically and strongly' denies data claiming it has lost No. 2 position to Zepto; issues clarification on BSE with 'email proof'

Swiggy ‘categorically and strongly’ denies data claiming it has lost No. 2 position to Zepto; issues clarification on BSE with ’email proof’

Swiggy Instamart (representative image) Food delivery major Swiggy has firmly rejected recent media reports suggesting its quick-commerce arm, Instamart, has lost significant market share to rival Zepto. In a strongly worded disclosure filed with the stock exchanges on Thursday, November 27, the company termed the claims as “baseless and unreliable.” The clarification comes in response…

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