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BigBasket’s Meal Express, Meesho’s IPO & More
- BigBasket, backed by Tata, is launching a 10-minute food delivery service across India, starting in Bengaluru and aiming for nationwide expansion by FY26.
- BigBasket plans a vertically integrated model for its food delivery service, using its own dark store infrastructure and offering snacks and beverages from Tata-owned brands like Starbucks.
- As rivals face challenges in the quick food delivery market, BigBasket's in-house brands and infrastructure give it a competitive edge for quality and delivery reliability.
- The move precedes BigBasket's IPO plans within the next 18–24 months, leveraging its momentum and integration with the Tata digital ecosystem.
- Meesho is moving closer to its $1 billion IPO in 2025, with BYJU'S selling off its US entities, and India navigating the balance between AI innovation and regulation.
- Other updates include Wow! Momo raising debt, WLDD acquiring Imagined Studio, GIVA raising INR 450 Cr, and ChatGPT facing an outage.
- NapTapGo aims to make pod hotels mainstream in India, addressing the need for affordable, hygienic accommodation, offering capsule hotels with privacy-focused stays at low prices.
- Operational in Noida and Amritsar, NapTapGo plans expansion to Mumbai, Gurugram, Udaipur, and Varanasi, targeting the low-cost hospitality market dominated by OYO.
- Inc42 Startup Spotlight features NapTapGo, highlighting its ambitious approach to revolutionize the Indian hospitality sector with pod hotels.
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