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  1. 3 days ago · Reliance Retail will use its own logistics company Grab to make sure deliveries reach customers in half an hour. While it is starting 30 minutes with groceries, it may look at scaling it up to other categories like electronics and fashion as well, the source added.

  2. 4 days ago · Reliance Industries, led by Mukesh Ambani, plans to enter India's quick commerce sector, aiming to compete with Blinkit, BigBasket, Instamart, and Zepto. Initially targeting 7-8 cities, JioMart aims to expand to over 1,000 cities. Unlike rivals, it will leverage Reliance Retail's network instead of dark stores. Goldman Sachs estimates the online grocery market at $11 billion, with quick commerce accounting for $5 billion, possibly affecting kirana store sales.

  3. 2 days ago · Meanwhile, Reliance Retail’s operating revenue rose 9.8% YoY to INR 67,610 Cr in the quarter ended March 2024 as against INR 61,559 Cr in the year-ago period. Sequentially, revenue declined more ...

  4. Reliance Retail's JioMart could launch the service soon to take on Zomato's Blinkit, Tata Group's BigBasket, Swiggy's Instamart and Zepto, Times of India reported citing people in the know.

  5. 4 days ago · Having raised around $7.5 billion in two earlier rounds, Reliance Retail Ventures is prepping for another round of fund raising from institutional investors and this time it is looking at an ...

  6. 4 days ago · Reliance JioMart New Delhi: Intensifying the competition in the 10-minute delivery space, Isha Ambani-led Reliance Retail is in the advanced stages of launching its quick commerce services, said ...

  7. 3 days ago · Reliance Retail will leverage its network of nearly 19,000 stores to start instant delivery in over 1,000 cities in a phased manner, marking one of the largest quick commerce rollouts by any ...

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