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Zepto

Piyush Goyal's 'Dukaandari' Remark on Startups Sparks Row: Aadit Palicha, Ashneer Grover, Anupam Mittal, Mohandas Pai hit back

Piyush Goyal's 'Dukaandari' Remark on Startups Spa...

Fri, Apr 04, 2025

Indian startups faced sharp criticism on Thursday as Union Minister Piyush Goyal, speaking at Startup Mahakumbh, questioned whether the country was limiting itself to low-paying gig economy jobs while nations like China surged ahead in deep-tech innovation. He emphasised the need for learning and evolution, stating that India must aspire to be "bigger, better, and bolder" and should not shy away from global competition.

‘1.5 lakh jobs, Rs 1,000 crore in taxes’: Zepto CEO hits back at Piyush Goyal's 'delivery boys, girls' remark, netizens say 'now stop looting customers'

‘1.5 lakh jobs, Rs 1,000 crore in taxes’: Zepto CEO hits back at...

Fri, Apr 04, 2025

Union Minister Piyush Goyal's recent comment on Indian startup culture has drawn mixed reactions from entrepreneurs, including Zepto co-founder Aadit Palicha, who strongly defended consumer internet startups, arguing that they play a crucial role in innovation and economic growth.

Buying iPhone & other Apple gadgets online? After Swiggy, Blinkit, now this quick commerce company offers fast delivery

Buying iPhone & other Apple gadgets online? After Swiggy, Bli...

Tue, Mar 18, 2025

To strengthen its position in the premium electronics space, Zepto has added Apple’s portfolio to its platform. According to the company, the quick commerce platform will now deliver Apple products to its users within minutes. Check details-

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TCI leases 1 lakh sq ft of space in TVS ILP to enhance Zepto's reach

TCI leases 1 lakh sq ft of space in TVS ILP to enhance Zepto...

Tue, Feb 25, 2025

Transport Corporation of India had earlier leased around 75,000 sq ft of space for automobile major Volvo Eicher at the same facility in the district.

Zepto strengthens presence in Tamil Nadu, operates over 20 dark stores

Zepto strengthens presence in Tamil Nadu, operates over 20 dark s...

Tue, Feb 25, 2025

With 20 plus dark stores now operational in Tamil Nadu, each store is strategically positioned to optimise delivery routes within a 2-3 km radius, allowing delivery partners to maintain a safe and efficient speed of 15-20 km per hour while upholding Zepto's 10-minute delivery promise, a company statement here said on Tuesday.

Zepto completes reverse flip from Singapore to India ahead of IPO: CFO

Zepto completes reverse flip from Singapore to India ahead of IPO...

Tue, Jan 28, 2025

Quick commerce company Zepto has marked a milestone with the completion of its reverse flip from Singapore to India ahead of its proposed IPO. The move of bringing the domicile of Zepto's parent to India assumes significance as the company looks to raise money through IPO.

Zepto sets up new entity to shift to marketplace model

Zepto sets up new entity to shift to marketplace model

Fri, Jan 03, 2025

Zepto Marketplace was registered in October 2024, and the company's operations will soon switch to the new model once the operational and regulatory nitty-gritty are sorted out, sources said.

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.

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 reve...

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 issu...

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...

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 execut...

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: R...

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...

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 billi...

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 publ...

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 st...

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 part...

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 Zo...

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.

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