Grocery delivery firm Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people familiar with the matter, as competition hots up in India’s quick-commerce market. The company is working with Axis Bank Ltd., Motilal Oswal Investment Advisors Ltd. and the local units of Morgan Stanley, HSBC Holdings Plc, and Goldman Sachs Group Inc. to submit its draft prospectus through a confidential route, the people said, asking not to be ide ...

Core Insights - Amazon has expanded its Same-Day Delivery service for fresh groceries to over 2,300 cities and towns in the U.S., with plans for further expansion in 2026 [1] - The service was launched in August to compete with Instacart and Walmart+ in the quick-commerce sector [1] Delivery Service Details - Customers can order a variety of fresh items including fruits, vegetables, dairy, meat, seafood, baked goods, and frozen foods, alongside other household essentials [2] - Amazon employs a specialized temperature-controlled fulfillment network to ensure the integrity of perishable items, with a six-point quality check for orders [3] - Temperature-sensitive products are delivered in insulated bags, enhancing the delivery quality [3] Popularity and Sales Growth - Fresh groceries constitute nine of the top ten most-ordered items for fast delivery [3] - Perishable grocery sales have increased 30 times since January, indicating strong demand [4] - Customers who include fresh groceries in their Same-Day Delivery orders tend to shop about twice as often as those who do not [4] Pricing Structure - Same-day delivery is free for Prime members on orders over $25; otherwise, a $2.99 fee applies for Prime members and a $12.99 fee for non-members [5] - The selection of perishable items available for Same-Day Delivery has grown by over 30% since August, including thousands of items from Whole Foods Market [5]

Core Insights - Amazon is expanding its Same-Day Delivery service to include perishable food items in 1,000 cities across the U.S. and plans to reach over 2,300 cities by the end of the year [1] Group 1: Service Expansion - The Same-Day Delivery service now includes fresh grocery items such as produce, dairy, meat, seafood, and baked goods, in addition to everyday household products and electronics [2] - Amazon's specialized temperature-controlled fulfillment network ensures the integrity of perishable groceries, with a six-point quality check for orders [3] Group 2: Pricing Structure - Same-day delivery is free for Prime members on orders over $25; otherwise, a $2.99 fee applies for Prime subscribers, while non-Prime customers face a $12.99 fee regardless of order size [4] Group 3: Customer Adoption - The introduction of perishable groceries has been well-received, with items like strawberries and avocados ranking among the top 10 in Same-Day Delivery carts, indicating strong customer demand [5]