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Blinkit Launches 10-Minute Returns and Exchanges for Clothing and Footwear!

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Blinkit, known for pioneering 10-minute grocery delivery, has now extended its rapid service model to returns and exchanges. The company has introduced 10-minute returns and exchanges for categories like clothing and footwear, aiming to resolve size or fit-related issues quickly and effortlessly for customers.

10-Minute Returns and Exchanges Now Live in Major Cities

After a successful pilot in Delhi-NCR, Blinkit has launched this feature across major cities, including Mumbai, Bangalore, Hyderabad, and Pune. More locations are expected to follow soon.

CEO Announcement

CEO Albinder Dhindsa announced the new feature on social media, stating:

“The cool part—return or exchange will happen within 10 minutes of raising a request! We’ve been testing this in Delhi-NCR and have now enabled it for Mumbai, Bangalore, Hyderabad, and Pune.”

This service aims to address “size anxiety,” a common issue for customers shopping online, offering them greater convenience and confidence when purchasing clothes and shoes.

New GST Invoicing Feature for Business Customers

In addition to its instant returns, Blinkit has also introduced a GST invoicing feature targeted at businesses making high-value purchases. This update allows companies to add their GSTIN (Goods and Services Tax Identification Number) during checkout and claim input credits of up to 28% on eligible products, such as electronics.

How the GST Invoicing Feature Works:

  1. Add GSTIN: During checkout, customers can select the “Add GSTIN” option within the Blinkit app.
  2. Generate Invoice: Once the GSTIN is added, a GST-compliant invoice is automatically generated.
  3. Claim Input Credit: Businesses can use the invoice to claim input credits of up to 28%, depending on the product category.

Dhindsa emphasized the importance of this feature for businesses, especially those making bulk or high-value purchases, by helping them reduce costs through tax credits.

Competitive Landscape

With these new offerings, Blinkit is solidifying its reputation for speed, innovation, and customer-centric solutions, catering to both individual shoppers and business customers alike. The introduction of 10-minute returns positions Blinkit in direct competition with traditional e-commerce platforms that often have longer return timelines.

Market Trends

The quick commerce sector is rapidly evolving, with players like Blinkit expanding their offerings beyond groceries to include apparel and electronics. This trend reflects a broader shift in consumer expectations for faster service across all categories. As quick commerce platforms diversify their product ranges, they are increasingly blurring the lines with traditional e-commerce.

Conclusion

Blinkit’s introduction of 10-minute returns and a GST invoicing feature marks a significant advancement in customer service within the quick commerce space. By addressing common pain points like size anxiety and providing valuable tax benefits for businesses, Blinkit enhances its appeal to a wide range of consumers.

As the company continues to innovate and expand its services, it is poised to capture a larger share of the market while setting new standards for speed and convenience in online shopping. With plans for further expansion into additional cities and categories, Blinkit is well-positioned to lead the charge in transforming how consumers shop online.

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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