Quick commerce heat: Apollo 24/7 to roll out 19-minute delivery in multiple cities
By
Binu Mathew
Apollo 24/7, the online pharmacy arm of Apollo Hospitals, is facing stiff competition from quick commerce platforms that promise rapid delivery of home essentials, over-the-counter medicines and FMCG products in less than 20 minutes.
“We are seeing some pressure in certain markets where quick commerce players have entered,” said Madhivanan B, CEO, Apollo Healthco, during the company’s Q2FY25 earnings call.