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Quick commerce firms slow expansion to cut costs, while Indian VCs move to GIFT City for better foreign investments.
Quick commerce companies like Swiggy, Zepto, and Blinkit are slowing the expansion of their dark stores to reduce cash burn, after rapid growth led to high costs.
Despite expected market growth to $30 billion by 2027-28, these firms are focusing on larger cities.
Meanwhile, Indian venture capital firms are moving to GIFT City, a tax-friendly area in India, to invest abroad more easily.
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Las firmas de comercio rápido ralentizan la expansión para reducir los costos, mientras que los capitalistas de riesgo indios se mudan a GIFT City para obtener mejores inversiones extranjeras.