Friday, September 20, 2024
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It, however, did not mention how much the payouts to the delivery partners have been reduced, although according to reports it has come down to Rs 15 per order with a distance-based fee component, down from a peak of Rs 50 per order last year which was...

The funding boosted the valuation of the e-commerce platform to $3.2 billion

The challenges of surviving a high cash burn segment such as quick commerce have forced several players to scale back leaving the emergence of a duopoly in the space