Country Delight enters quick delivery market

Direct-to-consumer dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space. The Gurugram-based company has started quick delivery in some areas in the NCR and is likely to expand it to other cities soon, according to a source.

The company already has a rapid delivery service which delivers dairy products to customers within 30-40 minutes of placing the order. 

Also ReadBlinkit’s Bistro joins the race for 10-minute food delivery – Will it edge past competition?

A company spokesperson said this service has been live for some months and it is continuously innovating to reduce the time to 10-15 minutes. 

Also Read Blinkit enters quick food delivery market with Bistro Zepto to launch separate app for Cafe unit Amazon India earmarks $120 million to invest in manufacturing, AI startups; targets 4x jump in exports Redmi Note 14 5G Series launched in India with instant delivery via Flipkart Minutes: Details

The company started its operations in 2013, primarily focusing on selling milk via a subscription model. Gradually, it added other dairy products and around 2021 listed kitchen staples to increase penetration. 

In January, the company secured $20 million in Series E funding, valuing it around Rs 820 million. In October, it secured another $24 million in debt from Alteria Capital.

In FY24, the company, which operates in 25 cities, reported a revenue of Rs 1,380 crore. In FY23, its revenue was estimated around Rs 900 crore.

One of the company’s closest competitor, Tata-owned BigBasket has announced that they have shifted focus from slot-based deliveries to 10-minute delivery. 

“We’re not eliminating slotted delivery, but making quick commerce the default option,” Hari Menon, CEO and co-founder of BigBasket, said in August. 

While most of Country Delight’s other competitors like Otipy currently work under the slot-based delivery model, it is unclear if it will continue with both the models or shift completely to rapid delivery.   

Several other food and grocery delivery platforms have been very bullish on rapid delivery space, which are currently being dominated by Zomato’s Blinkit, Swiggy’s Instamart and Zepto. 

Also ReadOil India appoints Abhijit Majumder as its CFO

Flipkart has launched Minutes in Bangalore. Amazon has also announced that it is launching the pilot of its quick delivery service in the city. 

 » Read More

Related Articles

Top benefits of a savings account you might not know about

A savings account is a financial product that individuals need to have while starting their financial journey. It is a secure place to store funds and provides a modest interest rate. The account facilitates easy deposits and withdrawals, ensuring that access to your money is straightforward. Maintaining a savings account enables you to retrieve funds

Upcoming IPOs this week: Unimech Aerospace – a key mainboard and 2 SME IPOs to launch this week

The primary market will see a total of three IPOs in the last week of December. There will be 1 IPO that will open for bidding on the mainboard and the SME platform will see 2 SME IPO openings. Here’s the list of upcoming IPOs this week:  Mainboard IPO Unimech Aerospace and Manufacturing IPO Unimech

Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen more than 0.7% compared to a week back while Silver prices fell 2.7% during the same time frame. The decrease in prices can be attributed to the lack of new geopolitical tensions globally.  “The 10-year US yields surged to a fresh cycle high of 4.58%, which boosted the Fed-induced US Dollar

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Top benefits of a savings account you might not know about

A savings account is a financial product that individuals need to have while starting their financial journey. It is a secure place to store funds and provides a modest interest rate. The account facilitates easy deposits and withdrawals, ensuring that access to your money is straightforward. Maintaining a savings account enables you to retrieve funds

Upcoming IPOs this week: Unimech Aerospace – a key mainboard and 2 SME IPOs to launch this week

The primary market will see a total of three IPOs in the last week of December. There will be 1 IPO that will open for bidding on the mainboard and the SME platform will see 2 SME IPO openings. Here’s the list of upcoming IPOs this week:  Mainboard IPO Unimech Aerospace and Manufacturing IPO Unimech

Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen more than 0.7% compared to a week back while Silver prices fell 2.7% during the same time frame. The decrease in prices can be attributed to the lack of new geopolitical tensions globally.  “The 10-year US yields surged to a fresh cycle high of 4.58%, which boosted the Fed-induced US Dollar

Reliance Industries Share Price Today Live Updates, 23 Dec, 2024: Reliance Industries on the radar

Go to Live UpdatesReliance Industries Share Price Today Live Updates, 23 Dec, 2024: The Reliance Industries share is in news and the counter closed trade on 20 Dec, 2024 at Rs 1206. The shares touched intraday high of Rs 1239.75 in the last trading session while the intraday low was at Rs 1202.1. The company’s

Mumbai’s asset-light model draws realty heavyweights

Boman Irani, managing director of Rustomjee, calls it an “asset-light model” for Mumbai’s real estate developers that offers a huge respite from an ever-increasing expenditure for land purchases. Irani should know as Rustomjee, which trades as Keystone Realtors, is the largest operator in redevelopment space. “Redevelopment will continue to serve as a key driver of