Zepto
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per…
India’s Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing Zepto management. Zepto,…
Featured Article
Quick commerce is making fast inroads in India
Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minutes — appears to be working. India’s quick commerce market has witnessed…
Zepto becomes India’s first 2023 unicorn with $200 million fresh funding
Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday, at a time when most other firms…
Uber and Amazon blasted for poor working conditions for gig workers in India
Research firm Fairwork India blasted Ola, Uber, Dunzo, PharmEasy and Amazon Flex in a report Tuesday, saying the firms scored zero in its assessment of whether they created fair conditions…
Zomato acquires Blinkit for $568 million in instant-grocery delivery push
Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time…
Zepto, a 10-minute grocery delivery app, raises $200 million at $900 million valuation
Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its…
Australian fintech Zepto raises $25M AUD Series A to enhance payment infrastructure
Zepto, an Australian real-time account-to-account (A2A) merchant payments platform, said Monday it raised a $25 million AUD Series A (about $18.8 million USD) co-led by AirTree Ventures and Decade Partners.…
India’s Zomato says it will deliver food in 10 minutes in a global first
You’ve heard about — and depending on where you live, probably tried — having startups deliver grocery to you in 10 minutes. But what if the same experience could be…
Zepto, a 10-minute grocery delivery app in India, raises $100 million
Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation to $570 million from $225 million less than two months ago as…
Swiggy to invest $700 million in instant grocery delivery service
Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world’s second largest market. The…
