Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics.
Several brokerages have initiated coverage on Indian stocks like Meesho and Swiggy, forecasting significant upside potential. JP Morgan is 'Overweight' on Meesho with an 11% upside, while Equirus rates Swiggy a 'Buy' with a 48% potential gain. Other stocks c…
Meesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,531 crore. The company also reported a 43% rise in gross merchandise value to Rs 11,371 crore and a similar increase in or…
Happy Thursday! VCs double down on India’s deeptech, with early-stage bets leading. This and more in today’s ETtech Morning Dispatch.