Quick-commerce is expanding beyond just selling groceries. Tribe Capital, a company that invests in businesses, has made a new investment in India.

Quick-commerce platforms like Zepto, Swiggy’s Instamart, and Blinkit are experiencing a surge in sales for non-grocery items as they compete with e-commerce rivals. Zepto’s sales for products like toys and electronics accessories have more than doubled month-on-month, while beauty product sales have tripled. Swiggy’s Instamart has also seen strong growth in non-grocery categories. The beauty and personal care segment is particularly performing well, along with earphones and accessories, health and nutrition, and new product experiments. Additionally, EV fleet operator zypp electric is in talks to raise $40 million in funding, potentially doubling its valuation to $300-350 million. You Can Read Full News By Clicking On Below Link.

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