Daily briefing
Saturday, 22 August 2026
Qcom hits stride, UPI faces the bill
Delhi desk, dawn filing: Quick commerce volumes keep climbing even as platforms chase better unit economics ahead of the festive rush. Payments rails, long free for merchants, now stare at a possible charge that could reshape small-ticket commerce.
Send the book
One tap copies a ready post for LinkedIn, X or a buyer-group WhatsApp.
Ecommerce
Instamart goes inventoryShareholder nod lets Swiggy’s qcom arm stock goods and chase Blinkit-style margins.
Payments
UPI fees get green lightParliament clears path for merchant charges on the free payment system that underpins Indian retail.
Ecommerce
Qcom hits 9M daily ordersAugust data shows six platforms past the milestone as festive build-out accelerates.
Payments
UPI’s free ride endsMerchant fees were always coming; the only question left is how cleanly they are designed.
Payments
PhonePe holds UPI volume lead
July data showed the Walmart-backed app at nearly 46% share as overall UPI hit 23.66 billion transactions.
Ecommerce
Amazon Now, Flipkart Minutes gain ground
Newer quick-commerce entrants are adding dark stores and cashback pushes while the top three still dominate four-fifths of orders.