Tag: zepto
House-help startup Pync shuts down amid fierce competition; founders to join Snabbit
In what could be an early sign of consolidation in the fast-growing instant house-help segment, Bengaluru-based Pync, backed by Accel and General Catalyst, is shutting…
Zepto said to file confidential draft IPO papers today for 2026 listing| Business News
Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as…
Quick commerce brings Christmas cheer for D2C brands as sales surge
This Christmas, direct-to-consumer (D2C) brands have seen an uptick in quick commerce sales as platforms launched deals, removed additional fees on orders, expanded gifting and…
Year in review: Startup funding flat in 2025 on early-stage AI reset
ETtech Despite a pickup in growth-stage funding, Indian startup funding remained largely flat in 2025 as fewer large deals and evolving venture capital thesis on…
Instant househelp demand triples in two months as industry scrambles to crack economics
India’s newest and buzziest consumer internet category has gone from zero to several hundred thousand weekly orders in a matter of months. The 10-minute househelp…
Zepto plans to file DRHP for $500-million IPO before 2025 ends| Business News
Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people…
India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit,…
Nexus closes new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectors
Nexus Venture Partners, a backer of companies like Zepto, Rapido, and software startup Postman, has closed its eighth fund, a $700-million vehicle aimed at early-stage…
Swiggy QIP likely next week to give Instamart firepower against Zepto, Blinkit| Business News
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a…
Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety
Swiggy will play the long game, focussing on growth and profitability, founder and group CEO Sriharsha Majety said during the company’s post-earnings call, as competition…