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15 hours ago · Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the company at $3.6 billion. The CEO sees Zepto as a hyperlocal Walmart focusing on groceries and household essentials. The company plans to expand its dark stores to 700 to compete with rivals like Blinkit and Swiggy Instamart. Zepto aims to capitalize on the massive market opportunity in the top 40 cities of India.
14 hours ago · Zepto has about 29 percent market share in 10-minute grocery delivery service (known as quick e-commerce), up from 15 percent in March 2022. Blinkit is the market leader with nearly 40 percent and ...
10 hours ago · Zepto has about 29% market share in 10-minute grocery delivery service (known as quick e-commerce), up from 15 per cent in March 2022. Blinkit is the market leader with nearly 40% and the rest is ...
5 days ago · Zepto is a grocery delivery app that delivers groceries to your home in ten minutes. Learn more about Zepto, its founders, funding, growth, challenges, and more.
- Zepto, a startup based in Mumbai, offers a 10-minute grocery delivery service.
- Zepto was founded by Aadit Palicha and Kaivalya Vohra, two childhood friends.
- Zepto was founded in September 2020 and began operations in April 2021.
- Swiggy Instamart, BigBasket, Blinkit, and Dunzo are some of the top competitors of Zepto.
- Zepto delivers groceries in 10 minutes through its network of dark stores and micro-warehouses. The median delivery time is 8 minutes and 47 second...
- Zepto became the first Indian unicorn startup in 2023 after raising a Series E round worth $200 million in August 2023. This round increased Zepto'...
1 day ago · Aadit Palicha, co-founder and CEO of the quick commerce platform Zepto, described that the three-year-old company is positioning itself as India's equivalent of hyperlocal Walmart. Zepto secured a $665 million funding round on June 22, valuing the company at $3.6 billion and solidifying its presence in India's rapidly expanding quick commerce ...
Jun 21, 2024 · Indian grocery startup Zepto said on Friday it has raised $665 million in an investment round, in less than a year of its last fundraising, underscoring the high demand for services that...
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Zepto aims a $50 billion valuation after raising $665 million from new investors including private equity firm Avenir, venture capital firm Lightspeed, & Avra.
