Tag: zepto
Qcomm data may turn key input for new GDP maths
New Delhi: The government is considering tapping into purchases made through quick commerce platforms such as Zepto, Blinkit, Instamart and BigBasket to understand changes in…
Zepto hits $5 billion valuation in latest big India commerce bet
Sep 02, 2024 07:48 AM IST Zepto, valued at $5 billion after a recent funding round, plans to double its warehouses to over 700 by…
How Zepto raised $1.05 billion in two months: ‘Couldn’t pass opportunities…’
Aug 30, 2024 07:39 AM IST Zepto raised $1.05 billion in two months. The company raised $340 million in August after a $665 million round…
Zepto’s Kaivalya Vohra is the youngest on Hurun India rich list at 21
Aug 29, 2024 01:39 PM IST Kaivalya Vohra, 21, Zepto co-founder, is the youngest on the Hurun India Rich List 2024 with ₹3,600 crore net…
Amitabh Bachchan: Big B’s family office picks up small stake in Swiggy
Public markets-bound new-age firms and especially quick-commerce companies are emerging as top picks for wealthy individuals. The family office of Bollywood superstar Amitabh Bachchan has…
Zepto funding: Zepto set for another $310 million funding delivery, Mars Growth to join
Zepto is set to raise another $310 million that will value the quick-commerce firm at $5 billion after the funding, a 40% jump from its…
Zepto moving headquarters from Mumbai to Bengaluru? ‘Employees told to relocate’
Aug 06, 2024 12:31 PM IST At present, the three-year-old company has business verticals in Mumbai and tech and product teams in Bengaluru. Quick commerce…
Zepto: Zepto a ‘hyperlocal Walmart of India’, says CEO Aadit Palicha
Zepto looks at itself as a “hyperlocal Walmart of India”, its cofounder and chief executive Aadit Palicha said, adding that the quick commerce platform can…
Flipkart’s majority stake talks with Zepto fall through
Ecommerce major Flipkart held talks with Zepto for a potential deal but the discussions fell through and are unlikely to be revived, said two people…
Quick commerce D2C: D2C companies cough up 30-45% cut for a spot on quick-commerce sites
As the demand for space on quick-commerce platforms skyrockets, niche direct-to-commerce (D2C) firms in segments like fast moving consumer goods, beauty and personal care, and…