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Page 10 - Zepto

Zepto sells over 100,000 dandiya sticks during the Navratri festival

With Navratri festivities drawing to a close, quick commerce firm Zepto co-founder and CEO Aadit Palicha took to LinkedIn to inform that the platform sold over 1 Lakh dandiya sticks during the season. "What a day! Closing out Navratri 2024 with a grateful heart, seeing the beauty of India's diversity through our users, sellers, brands, and every Zeptonian, who made it all happen. From essentials to festive picks, thank you for making us part of India's celebrations across nine incredible days," he wrote on LinkedIn. Through graphics, he shared that the Mumbai-headquartered firm sold 1,00,000 plus dandiya sticks during the season. He further said sales for fasting-friendly chips, Kattu and Rajgira atta, grew significantly compared to last year's Navratri sales. Palicha also shared how Zepto's dark stores indulged in Navratri festivities across the country. In Coimbatore, Kochi, Chennai, and Bangalore, the stores celebrated Ayudha Puja, honouring tools and equipment. The Bhawanipore

Zepto sells over 100,000 dandiya sticks during the Navratri festival
Updated On : 12 Oct 2024 | 3:32 PM IST

60% of unicorn founders in India are first time founders, says study

29% founder took two attempts to build their first Unicorn

60% of unicorn founders in India are first time founders, says study
Updated On : 09 Oct 2024 | 7:44 PM IST

BigBasket, Urban Company lead in fair pay; most platforms fall short

Booming gig economy, dismal pay: Fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses

BigBasket, Urban Company lead in fair pay; most platforms fall short
Updated On : 08 Oct 2024 | 1:57 PM IST

LinkedIn's top Indian startups 2024: Zepto leads as India's newest unicorn

According to a report by Global Data, Indian startups raised around $7.5 billion in venture capital funding from January to August 2024 alone

LinkedIn's top Indian startups 2024: Zepto leads as India's newest unicorn
Updated On : 27 Sep 2024 | 4:39 PM IST

Zepto partners with US Polo Assn for 10-minute premium fashion delivery

US Polo Assn's collection is now live on Zepto, featuring a curated selection of classic polos and casualwear, allowing users to enjoy iconic fashion delivered within minutes

Zepto partners with US Polo Assn for 10-minute premium fashion delivery
Updated On : 24 Sep 2024 | 5:41 PM IST

Ecommerce festive sales to reach $12 billion, quick commerce gains ground

Quick commerce, the burgeoning segment that promises rapid deliveries, is set to contribute $1 billion in gross merchandise value (GMV) to the festive sales

Ecommerce festive sales to reach $12 billion, quick commerce gains ground
Updated On : 24 Sep 2024 | 11:52 AM IST

Ganesh Chaturthi expected to bring Rs 25,000 crore business: Industry body

Ganesh Chaturthi is projected to generate Rs 25,000 crore this year, with businesses favouring domestic goods, and a push for eco-friendly clay idols

Ganesh Chaturthi expected to bring Rs 25,000 crore business: Industry body
Updated On : 09 Sep 2024 | 3:32 PM IST

Zepto set to enter buy now, pay later segment with 'Zepto Postpaid'

Rival firms like Zomato-owned Blinkit already offer BNPL services to their customers through partnerships with players like LazyPay and Simpl

Zepto set to enter buy now, pay later segment with 'Zepto Postpaid'
Updated On : 06 Sep 2024 | 5:13 PM IST

Large funding rounds over $100 million see resurgence among Indian startups

Investors focus on profitable growth as late-stage deals rebound in 2024

Large funding rounds over $100 million see resurgence among Indian startups
Updated On : 04 Sep 2024 | 4:56 PM IST

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

General Catalyst, Dragon Fund, Epiq Capital led the round

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO
Updated On : 30 Aug 2024 | 12:10 AM IST

Bachchan family office joins quick commerce frenzy with Swiggy stake

Swiggy deals in online food delivery and quick grocery delivery services segment. The development comes amid heightened investor interest in the industry, due to high demand for such services

Bachchan family office joins quick commerce frenzy with Swiggy stake
Updated On : 28 Aug 2024 | 11:47 AM IST

10-minute delivery to become BigBasket's default option: CEO Hari Menon

This is much higher than Blinkit's 25,000 SKUs and Zepto's 10,000 SKUs. Zepto has stated that it intends to increase SKUs on its platform to 20,000 before the festive season begins

10-minute delivery to become BigBasket's default option: CEO Hari Menon
Updated On : 27 Aug 2024 | 11:54 PM IST

BigBasket embraces quick commerce, set to rival Blinkit, Zepto, Swiggy

BigBasket's strategy involves the deployment of 500-600 dark stores nationwide, which will work alongside its large warehouses

BigBasket embraces quick commerce, set to rival Blinkit, Zepto, Swiggy
Updated On : 27 Aug 2024 | 10:55 AM IST

Qcom goes international to cash in on last-minute Raksha Bandhan gifting

Blinkit and Zepto are expanding their operations and offering consumers chances to win cars, iPhones, TVs, luxurious overseas stays

Qcom goes international to cash in on last-minute Raksha Bandhan gifting
Updated On : 18 Aug 2024 | 10:51 PM IST

Zepto raises $340 mn in Series G funding, valuation shoots to $5 bn

Of the $340 million that Zepto received, $250 million came from General Catalyst, $50 million from Mars Growth, and the remaining amount was fetched from existing investors

Zepto raises $340 mn in Series G funding, valuation shoots to $5 bn
Updated On : 14 Aug 2024 | 5:40 PM IST

Zepto to raise $310 million, valuing quick-commerce firm at $5 billion

Quick-commerce grocery delivery platform Zepto, currently based in Singapore, plans to relocate to India to prepare for its IPO filing

Zepto to raise $310 million, valuing quick-commerce firm at $5 billion
Updated On : 12 Aug 2024 | 2:02 PM IST

Quick commerce unicorn Zepto to shift base from Mumbai to Bengaluru

The company will continue to have an office in Mumbai, but its operations will largely be carried out through the new space in Bengaluru

Quick commerce unicorn Zepto to shift base from Mumbai to Bengaluru
Updated On : 06 Aug 2024 | 10:56 PM IST

Zepto to shift headquarters to Bengaluru, mandates employees to relocate

Zepto is planning to shift its headquarters from Mumbai's Powai to Bengaluru's Sarjapur, and has mandated all its employees to relocate to Bengaluru by the end of November or early December

Zepto to shift headquarters to Bengaluru, mandates employees to relocate
Updated On : 06 Aug 2024 | 3:20 PM IST

On its 3rd anniversary, Zepto logs highest-ever order volume at 750k

As part of a special marketing campaign, Zepto partnered with several brands for giveaways to as many as 800,000 consumers

On its 3rd anniversary, Zepto logs highest-ever order volume at 750k
Updated On : 17 Jul 2024 | 9:08 PM IST

Swiggy, Zomato increase platform fee to Rs 6 per order for revenue boost

Initially introduced in Bengaluru and Delhi, the fee implemented by Swiggy and Zomato is distinct from delivery charges, GST, restaurant fees, and other expenses associated with orders

Swiggy, Zomato increase platform fee to Rs 6 per order for revenue boost
Updated On : 15 Jul 2024 | 10:59 AM IST