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Dark store tech startups see a glimmer of profit
Financial Express Hyderabad
|December 16, 2024
WAREIQ supports more than 400 brands, including Technosport and Lotus Herbals, with same-day and next-day delivery via shared warehouses.
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The startup plans to triple its revenues within a year and is developing exclusive dark stores for large consumer brands in urban markets.
These startups play a critical role in bridging the gap for marketplaces like Amazon, Flipkart, and Nykaa, which are now demanding regional inventory for faster deliveries.
This story is from the December 16, 2024 edition of Financial Express Hyderabad.
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