Happy Monday! With more people turning to quick commerce apps for their festive needs, these players are clocking higher sales compared to previous years. This and more in today’s ETtech Morning Dispatch. Also in this letter: ■ Demand for ancillary makers ■ Cognizant CFO Jatin Dalal interview ■ Yotta’s GPUs usage in India Festive season begins with a bang: quick commerce sees jump in sales As their ecommerce counterparts prepare for the festive season, quick commerce firms are also seeing a surge in sales, starting with Rakshabandhan festivities this Monday.
Driving the news: Quick commerce firms are increasing their stock-keeping units (SKUs) in preparation for the festival season. Zepto is slated to double its SKU range from the current 10,000, while Blinkit is already serving up to 25,000 SKUs in some dark stores , it said in its quarterly report for the June quarter. Also Read: Ecommerce logistics companies join quick commerce bandwagon as orders rise Jump across categories: The sale of rakhis on Zepto was four times as much as last year, while the sale of items like Indian sweets, chocolates, and gifts jumped 2.
4x, 2.7x, and 4x, cofounder Kaivalya V said in a LinkedIn post. Zepto is also looking to deliver 3.
5 million orders in the three days leading up to Rakshabandhan. Blinkit, meanwhile, activated international orders, allowing customers in the US, Germany, the Netherlands, Japan, France, and Canada to send gifts to their siblings in India until August 19, w.