Tag: zepto
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…
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…
Quick delivery of gold, silver coins on the rise this Dhanteras
Quick commerce platforms are witnessing a sharp uptick in gold and silver coin sales this Dhanteras, with half-gram to 10-gram coins now available for ultra-fast…
Zepto’s $450 million funding could increase competition, cash burn in industry: analysts
Quick commerce platform Zepto closed a $450 million round in a mix of primary and secondary transactions on Thursday. Founder Adit Palicha told ET in…
Zepto expands Esop pool by $170 million to over $500 million
Quick commerce platform Zepto has expanded its employee stock option plan (Esop) pool to 122.89 lakh by adding 39.39 lakh new Esop options, according to…
Zepto gets $450-million funding in run-up to a likely IPO next year| Business News
Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.’s…
Zepto closes $450-million round led by US pension fund Calpers; valuation hits $7 billion
Synopsis The startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the Bangalore-based startup said…
Quick service app Snabbit strengthens leadership, shifts headquarters to Bengaluru
Quick service app Snabbit, which offers hyperlocal, on-demand home services, has strengthened its senior leadership and shifted its corporate headquarters from Mumbai to Bengaluru, as…