zepto

Cellecor reported a robust financial year ending March 31, 2026, with net revenues soaring to Rs 1,292 crores, a 26% increase. Net profit after tax also saw a significant 28% jump. This impressive growth was fueled by product expansion, a wider retail footprint including partnerships with major chains, and increased adoption in smaller markets, alongside strong online sales.

Accused — Vikas and Suraj — pose as bank execs, use fake apps to steal card details & OTPs

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

New-age insurer Acko, backed by General Atlantic and Accel, is gearing up for its IPO, aiming for an early 2027 launch. The company has appointed Morgan Stanley, ICICI Securities, and Kotak Securities as bankers. Acko targets a valuation of $2-2.5 billion, a significant increase from its previous $1.4 billion. This move comes as India's IPO market navigates global volatility.

An American content creator, 'Spicygori', expressed astonishment at India's rapid delivery services, particularly receiving a phone charger in under 10 minutes. This experience, unheard of even in the US, highlights India's 'quick commerce' revolution, where platforms like Blinkit and zepto deliver everything from groceries to electronics almost instantly, showcasing a modern digital India that surprises outsiders.

ITC's Sunfeast Farmlite introduces a new sugar-free cookie range, Choco Nut and Hazelnut & Oats, aiming to make mindful snacking satisfying without compromise. Focusing on taste and texture, these protein-rich, trans-fat-free options are now available on quick-commerce platforms, reflecting a subtle shift towards healthier choices in India's snacking habits.

Tata Sons' new ventures face mounting losses, with projections for FY26 reaching Rs 29,000 crore. This sharp increase has raised concerns, impacting leadership decisions. Tata Digital and Air India are major contributors to these losses. A plan to control spending is expected soon. The group is reassessing strategies for these ambitious projects.

Amidst US-Iran tensions, fears of LPG shortages have sparked a meme fest in India, with citizens humorously envisioning coal cooking and hoarding induction stoves. The government assures ample fuel stocks, dismissing shortage reports as misinformation, while extending LPG booking intervals to curb hoarding and black marketing.

zepto has appointed Vikas Sharma as its new chief operating officer (COO) while Vinay Dhanani will take over as president, supply chain and category. Sharma has been currently holding the position of senior vice president of operations so far. Viral Jhaveri has been given an expanded role as zepto’s chief growth officer effective June 2023.

zepto has temporarily suspended its 10-minute food delivery service, zepto Cafe, in several North Indian cities due to supply chain challenges. This decision impacts 44 stores and approximately 700 gig workers, some of whom are being redeployed within the company.

zepto is launching a separate app, zepto Café, to deliver food items like chai, samosa, and pizza within 10 minutes. This move challenges established players like Zomato and Swiggy in the rapidly growing quick-commerce food delivery market.