Zepto raises $665 million at $3.6 billion valuation
Existing investors Glade Brook, Nexus, and StepStone co-led the round with Goodwater and Lachy Groom doubling down as well.
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Corporate Governance: Wake-up Call For Start-ups?
The start-up ecosystem must prioritise corporate governance and financial management to maintain investor trust and sustain growth.
Heritage Foods Bets on Premium Dairy Play
The company focuses on value-added products such as curd, paneer, cheese and cold coffee to cash in on a growing industry.
Zepto becomes India's first unicorn of 2023; raises $200 mn at $1.4 bn valuation
Zepto aims to turn EBITDA (earnings before interest tax, depreciation and amortization) positive in the next 12 to 15 months.
Blinkit strike causes 1% revenue loss in 3-4 days: ICICI Securities
Blinkit delivery executives went on strike last week, demanding the rollback of recent changes made to delivery incentive structures in Delhi NCR.
Blinkit, Zepto, Instamart, JioMart, DMart: Jefferies orders groceries to find best discounts
Quick commerce players offer the lowest discounts due to their focus on convenience.
Dunzo, Blinkit, Zepto new distribution platforms for FMCG majors
According to a recent report by Nuvama Institutional Equities Research, 10% of HUL's ice cream sales in Q2 of FY23 came from quick commerce.
Swiggy FY22 loss doubles to ₹3,628 cr; revenue grows 2x
The net loss of the food and grocery delivery platform widened due to sharp rise in expenses, which spiked to ₹9,748.7 crore, from ₹4,292.8 crore a year ago.
Quick commerce will grow 10 times in metros in 1-2 years: Zepto's Vohra
The concept of quick commerce or delivery of groceries and convenience items to customers in under 30 minutes may have seemed bizarre to many initially but the service is clearly gaining traction.
CRED, upGrad, Groww & Zepto top start-up choices for work: LinkedIn
The list is compiled across four pillars namely employee growth, job seeker interest, member engagement with the company, and its employees, and the ability of start-ups to attract and retain talent.
