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Oct 26, 2023 · Quick commerce aka 10 minute grocery delivery service Zepto has grown 14x in the fiscal year ending March 2023. The Mumbai-based company’s losses also surged more than three-fold during the last fiscal year. With a 14-fold growth, Zepto registered Rs 2,024 Cr in revenue in FY23.
- Harsh Upadhyay
Oct 26, 2023 · Quick commerce firm Zepto, the first Indian unicorn of 2023, saw a significant jump in revenue in FY23 even as it logged increased losses during the year. Zepto's revenue grew over 14 times to Rs 2,024 crore for the financial year ended March 2023, as opposed to Rs 142.4 crore a year earlier.
Oct 27, 2023 · Zepto, the latest Indian startup to enter the unicorn club, saw its net loss surge 3.35X during the year ended March 31, 2023. The quick commerce startup reported a net loss of INR 1,272.4 Cr in...
- Zepto Success Story
- Business Model
- Funding
- Growth and Revenue
- Future Plans
Many of us have “startup ideas,” yet even the most inventive among us struggle to carry them through. Palicha and Vohra had both enrolled at Stanford to pursue a Computer Science degree but had dropped out to pursue their entrepreneurial interests instead. During the Covid-19 epidemic, the idea for Zepto sprang from the confines of their homes. Bec...
Zepto distributes groceries in 10 minutes or less via a network of dark shops and mini-warehouses on up to 90% of orders. Aadit claims that their average delivery time is 8 minutes and 47 seconds to assure a faultless delivery experience. The Mumbai-based firm uses a hotspot strategy to cater mostly to digital transactions through a system of dark ...
Zepto, a five-month-old startup, has raised $100 million in a Series C round led by Y Combinator’s Continuity Fund at a valuation of $570 million, a twofold increase from its previous valuation of $60 million just 45 days ago. The round’s new and old investors included Lachy Groom, Glade Brook, Global Founders Capital, Breyer Capital, Nexus, and Co...
Zepto is gaining traction in Bengaluru, Mumbai, and Delhi-NCR, with Hyderabad, Chennai, Pune, and Kolkata expected to follow in the coming months. Its technical headquarters are in Bengaluru, but its operations are based in Mumbai. Zepto has hired senior executives from Dream11, Flipkart, Pharmeasy, Uber, and Pepperfry. Zepto also has engineering, ...
Zepto is gaining traction in Bengaluru, Mumbai, and Delhi-NCR, with Hyderabad, Chennai, Pune, and Kolkata expected to follow in the coming months. Its technical headquarters are in Bengaluru, but its operations are based in Mumbai. Zepto has hired senior executives from Dream11, Flipkart, Pharmeasy, Uber, and Pepperfry. Zepto also has engineering, ...
Jun 20, 2024 · Zepto has raised a massive $665 million in a new round of funding, more than doubling its valuation to $3.6 billion from $1.4 billion in less than a year, as the Mumbai-based startup doubles...
Aug 29, 2023 · Mumbai-based quick commerce platform Zepto raised funding of $200 million. This funding increased the startup’s valuation to $1.4 billion, granting them the VIP Pass to the Unicorn Club. Zepto is a grocery delivery platform that promises to deliver grocery and household items within 10 minutes or less.
Jul 6, 2024 · Quick commerce unicorn Zepto’s revenue can grow multi-fold to Rs 2.5 lakh crore in 5-10 years if the company is able to execute the business well, Zepto co-founder and CEO Aadit Palicha...
