Amazon, one of the big e-commerce companies, has also entered the Quick-commerce segment. Amazon has started the new division Amazon Now for this. For the past few months, the company was trialing this service in the selected area of ​​Bengaluru. Quick-commerce segment has increased rapidly in the last few years in the country.

This service of Amazon can give a tough fight to Zomato’s Blinkit, Swiggy’s Instamart and Zepto in this segment. These three companies have a large stake in the market of Quick-commerce. These companies offer delivery in less than 15 minutes ranging from grocery to gadgets. The general delivery service of Amazon, which holds a large stake in the e-commerce market, is delivered in the same day or a few days of the products. The company will have to create a strong structure of logistics in the quick-commerce concentration.

The company has said that after the launch of this service in June in June, it is being expanded in the capital Delhi. Initially it will deliver in 10 minutes of grocery, snacks, personal care products and fruits and vegetables in 10 minutes in 10 minutes. Amazon plans to launch 300 dark stores by the end of this year in Delhi-NCR, Bengaluru and Mumbai. The annual sales of Quick Commerce Market are estimated to be around six billion dollars. According to the market research firm Datum Intelligence, the Blinking stake in this segment is about 40 percent.

This service has been launched by Amazon in West Delhi. The company plans to introduce it to other areas soon. Amazon has enhanced a lot of investment in India to increase business in India in the last few years. Recently, the company opened five new fullfillment centers for early delivery of products in Tier-2 and Tier-3 cities. Quick-commerce related companies were also accused. The All India Consumer Products Distributors Federation (AICPDF) had written to the Competition Commission of India (CCI) said that Quick these companies are trying to pull the customers by giving low pricing or heavy discounts. The letter also requested CCI to implement measures to protect the interests of general distributors and retailers.

BIGBASKET, one of the big quick commerce companies, plans to start food delivery in 10 minutes across the country by the end of this financial year. Bigbasket with Tata Group’s investment will compete with Bistro, Swiggy’s SNACC and ZEPTO’s CAFE.

Competition is increasing rapidly in the country’s Quick-commerce segment of about 7.1 billion dollars (about 60,722 crore) in the country. Bigbasket The co-founder, Vipul Parekh, told Reuters that his target is to pull customers of existing food delivery companies like Swiggy and Zomato. Along with this, Bigbasket will also bring new pools of customers.

In services like Swiggy’s SNACC and Zepto’s cafe, ready-to-eat snacks and coffee are transported to customers within 15 minutes. Parikh said that Bigbasket plans to use dark stores for this service. This will increase the company’s presence in the market of Quick-commerce. Dark stores have a small warehouse in over -numbers of people. It usually deliver grocery or food delivery partners, which usually consists of two-wheeler riders. Bigbasket started online delivery of grocery a few years ago. Its dark stores are around 700. The company plans to increase it to 1,000-1,200 stores by the end of the current year. Parikh misunderstood these media reports that the company is looking for external investors to raise funds. He has confirmed the Bigbasket’s plan to bring an Initial Public Offer (IPO) within 18-24 months. Parikh said that due to being part of the Tata Group, the company has enough capital available.

Bigbasket started the trial of this service in Bengaluru about a month ago. Parikh said that the food delivery service will be extended to 40 dark stores by the end of July. 5–10 percent of Bigbasket customers are combining quick-food items with their normal orders. This number is expected to increase. The company’s menu will include the food items of Starbucks and Indian Hotels Food Unit Qmin’s food items. These two companies of Tata Group are part in the country.

(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)