Quick commerce: Expect quick-commerce firms to battle ecommerce soon: Zepto investor Glade Brook
The Indian quick-commerce sector might see expansion into a much wider array of stock keeping units (SKUs), bringing it closer to ecommerce in the future, said Paul Hudson, founder of investment firm Glade Brook Capital.In a blog post on LinkedIn, Hudson wrote that the market is already moving in this direction with Blinkit and Zepto expanding their product assortment. The fund had backed Mumbai-based Zepto last year and invested in Blinkit’s parent company Zomato back in 2019.Elevate Your Tech Prowess with High-Value…