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Zepto

Zepto Narrows Loss to Rs 1,248.6 Crore in FY24

Zepto Narrows Loss to Rs 1,248.6 Crore in FY24

Mon, Dec 16, 2024

Zepto has reduced its loss to Rs 1,248.6 crore in FY24. Watch the video to understand the company's financial performance and key factors behind the reduction in loss.

Zepto narrows loss to Rs 1,248.6 crore in FY24

Zepto narrows loss to Rs 1,248.6 crore in FY24

Sat, Dec 14, 2024

The Mumbai-based firm posted a revenue of Rs 4,454 crore in FY24, more than two-fold increase from Rs 2,025 crore in the previous fiscal.

Zepto raises $350 million in domestic funding round

Zepto raises $350 million in domestic funding round

Fri, Nov 22, 2024

This "landmark funding" comes at a time when India's economy is accelerating its shift toward domestically driven growth, Zepto said.

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Zepto expands cafe service to major cities; eyes Rs 1,000 cr revenue run-rate by 2026

Zepto expands cafe service to major cities; eyes Rs 1,000 cr revenue run-rate by 2026

Mon, Nov 18, 2024

Quick commerce platform Zepto on Monday announced the rollout of its cafe service in major cities and said it targets a revenue run-rate of Rs 1,000 crore by 2026.

‘Miss you, says i-Pill’ Zepto notification to woman, company issues apology following backlash

‘Miss you, says i-Pill’ Zepto notification to woman, company issues apology following backlash

Wed, Oct 16, 2024

Bengaluru-based quick commerce platform Zepto has found itself in controversy after sending an unsolicited and inappropriate notification to a customer in India's Silicon Valley. The notification sent to customer Pallavi Pareek read, "I miss you, Pallavi. Says i-Pill emergency contraceptive pill," accompanied by three teary-eyed emoticons.

World Entrepreneurs Day 2024: A look at these 5 Gen Z founders' startup journey

World Entrepreneurs Day 2024: A look at these 5 Gen Z founders' startup journey

Wed, Aug 21, 2024

World Entrepreneurs Day 2024: The first time, World Entrepreneurs Day was observed in 2010. Since then, it has become an international event to make people aware of the value of entrepreneurship.

Zepto to move headquarters to Bangalore by November

Zepto to move headquarters to Bangalore by November

Wed, Aug 07, 2024

Zepto, the unicorn quick-commerce firm, is relocating its headquarters and the majority of its workforce from Mumbai to Bangalore. This strategic move, driven by WeWork's departure from their current Mumbai location, involves expanding their Bangalore office to accommodate up to 2,000 employees.

Top line can grow to Rs 2.5 lakh crore in 5-10 years if we execute well: Zepto CEO

Top line can grow to Rs 2.5 lakh crore in 5-10 years if we execute well: Zepto CEO

Sat, Jul 06, 2024

Last month, Zepto raised USD 665 million in an investment round that valued the firm at USD 3.6 billion, almost triple of what it was worth a year ago, and is preparing to list soon.

40% jump in quick commerce spending during T20 World Cup final: Report

40% jump in quick commerce spending during T20 World Cup final: Report

Sun, Jun 30, 2024

India on Saturday defeated South Africa by 7 runs in a nail-biting final to clinch the ICC T20 World Cup at the Kensington Oval in Barbados.

Want Zepto to become a $50 billion company that employs lakhs of people: CEO Aadit Palicha

Want Zepto to become a $50 billion company that employs lakhs of people: CEO Aadit Palicha

Sun, Jun 23, 2024

The Zomato-owned Blinkit's rival had just raised $665 million at a $3.6 billion valuation in a highly oversubscribed round. The new funding came just nine months after the company raised $235 million at a $1.4 billion valuation.

Zepto raises $665 million; valuation nearly triples to $3.6 billion

Zepto raises $665 million; valuation nearly triples to $3.6 billion

Fri, Jun 21, 2024

The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy Groom.

Zepto raises $665 million at a $3.6 billion valuation, to go public soon

Zepto raises $665 million at a $3.6 billion valuation, to go public soon

Fri, Jun 21, 2024

Avenir, Lightspeed and Avra (Anu Hariharan's new fund) joined the company's cap table as new investors, among others.

Zepto set to raise $650 million at $3.5 billion valuation

Zepto set to raise $650 million at $3.5 billion valuation

Thu, Jun 13, 2024

Zepto funding news: Quick grocery delivery platform Zepto is geared up to raise nearly $650 million from existing and new investors. According to sources, the funding will take Blinkit closest rival's valuation to around $3.5 billion.

10-minute delivery service gains traction in India despite its struggles worldwide, know what sets the Indian market apart?

10-minute delivery service gains traction in India despite its struggles worldwide, know what sets the Indian market apart?

Tue, May 14, 2024

Blinkit, Zepto, and Instamart are fiercely competing, offering cashback incentives and striving for widespread adoption. Blinkit currently commands a substantial 45% market share, followed by Instamart at 27% and Zepto at 21%.

Now buy gold and silver coins on Zepto! Augmont Gold For All partners with portal to sell bullion online

Now buy gold and silver coins on Zepto! Augmont Gold For All partners with portal to sell bullion online

Thu, Apr 25, 2024

As per the brand, customers can now buy 1 gram and 0.5 gram gold coins, and 10 gram silver coins effortlessly on Zepto, making it suitable for different needs and budgets.

What does Flipkart's plan to enter quick commerce mean to Zomato's Blinkit, Swiggy Instamart, and other players?

What does Flipkart's plan to enter quick commerce mean to Zomato's Blinkit, Swiggy Instamart, and other players?

Mon, Mar 11, 2024

As per a report by JM Financial, Flipkart has considered the acquisition of Reliance-backed Dunzo, which would be its attempt to expand its wings in the QC space. Further, the report said that it won't affect Blinkit (Zomato) as much as it could affect others in the segment.

Unicorn Zepto leads India's 'Top Startups List' by LinkedIn

Unicorn Zepto leads India's 'Top Startups List' by LinkedIn

Wed, Sep 27, 2023

The company achieved unicorn status -- India's first this year -- with $200 million in fresh funding in its Series E round.

Zepto elevates Ankit Agarwal to Chief Product Officer

Zepto elevates Ankit Agarwal to Chief Product Officer

Fri, Sep 08, 2023

Ankit Agarwal joined Zepto in August 2022, and has worked with companies like Adobe, Flipkart, Delhivery.

A look at this week's startup deals: Zepto, NoBroker, WeWork, Byju's were in news

A look at this week's startup deals: Zepto, NoBroker, WeWork, Byju's were in news

Fri, Aug 25, 2023

Startups like 13SQFT.Com, Zepto and SuperBottoms raised funding this week while NoBroker announced to target Rs 1,000 crore revenue in 2023-24 and Meesho to grow merchant base 10 times to 1.1 crore by 2027.

Zepto raises $200 million in Series-E round, becomes India's first unicorn of 2023

Zepto raises $200 million in Series-E round, becomes India's first unicorn of 2023

Fri, Aug 25, 2023

Ending the unicorn drought in India amid the ongoing funding winter, online grocery company Zepto on Friday announced it has raised $200 million in its Series E round, valuing the company at $1.4 billion.

Heavy rain disrupts online deliveries in Delhi NCR

Heavy rain disrupts online deliveries in Delhi NCR

Wed, Jul 12, 2023

Heavy rain has crippled online deliveries in Delhi NCR, leaving many consumers without access to essential goods and services. Quick commerce platforms like Swiggy Instamart, Blinkit, and Zepto are under pressure as rain disrupts operations. Restaurants have also been affected, as few customers are venturing out in the rain.

No need to pay service charges in hotel and restaurants bill know your rights

No need to pay service charges in hotel and restaurants bill know your rights

Thu, May 26, 2022

If you are being charged for service charge in a hotel or restaurant then you can refuse it. Government of india called a meeting on 2 june for this. now service charges will be paid on consumer's will.

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