Page 10 - Zepto

Reliance to challenge Blinkit, Swiggy, Zepto with quick commerce entry

Reliance's JioMart may begin offering deliveries within the next month, completing deliveries within 30 minutes

Dosa-batter maker iD sees quick commerce surge, grows 100x in 2 years

iD Fresh Food's sales from traditional e-commerce sales have declined by 25 per cent in the last two years

Swiggy Instamart, Blinkit, Zepto to deliver gold & silver coins in 10 mins

Akshaya Tritiya holds significant importance in Hindu culture, symbolising prosperity and abundance. The day is also considered auspicious for the purchase of gold and silver

Flipkart, Swiggy, Blinkit, Zepto witness blockbuster Holi festival sales

The report emphasizes the burgeoning adoption of e-commerce in Tier-2 and beyond cities

Flipkart's quick-commerce foray: Will Zepto and Blinkit feel the pinch?

Flipkart's ecommerce advantage might not come into play in quick commerce all that quickly

A battle of delivery speeds: Blinkit, Zepto ignite quick commerce firestorm

Zepto's daily and monthly active user growth annually is faster than rivals, but Blinkit has more customers than Zepto

Quick commerce major Zepto introduces Rs 2 platform fee for select users

Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders

Flipkart planning to unveil quick commerce service in a couple of months

According to industry sources, 15-20 minute deliveries provided by players such as Zepto, Instamart and Blinkit are taking a major portion of the sales of products away from Flipkart and Amazon

Zepto launches loyalty programme offering free delivery, discounts

Quick commerce firm's plan is expected to get one million users in a month

Back to campus: Startups to fire up hiring engine for talent boost

Hiring among these startups increased by 20 per cent during the year compared to 2022. Moreover, they reported that the reduction in their workforce decreased by 7 per cent in 2023

Quick commerce app Zepto elevates Nikhil Mittal to chief technology officer

In his new role, Mittal will be handling all verticals of engineering - customer facing, platforms and supply chain - at the company

Automation, edge computing to bolster Zepto's tech stack: Kaivalya Vohra

In August this year, Zepto raised $200 million in a series E funding round at a $1.4 billion valuation to become a unicorn, ending an extended dry spell

Technology trends for 2024: Leaders' view on what to expect this year

Industry experts predict how GenAI, robots, virtual assistants will change the world

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

In contrast, Tata-owned BigBasket lost ground, seeing a 3 per cent decline in M-o-M MAU in November, and DMart Ready decreased by 2 per cent

Only 7% of Indian consumers buy fruits, vegetables online: Survey

"Quality of fruits and vegetables delivered via online platforms was always average and the return/refund process mostly painful, according to consumers," said Sachin Taparia, Founder of LocalCircles

Global VC investments drop 5.4% as VCs remain cautious: KPMG report

On a year-on-year (Y-o-Y) basis, venture financing in the country fell from $3.3 billion in Q3CY22, according to data from KPMG's Venture Pulse Q3 2023 report

InCred secures commitment to raise Rs 500 crore, to join unicorn club

Latest funding round values company at $1.05 bn

Gig workers in e-commerce companies yet to get platform to voice concerns

The report also notes the passage of the Rajasthan Platform-based Gig Workers Act, 2023, and hails it as a 'turning point' in providing social security to platform workers

Quick commerce platform Zepto's FY23 losses widen 3x to Rs 1,272 crore

The firm's total expenses came in at Rs 3,350 crore, a six-fold increase from Rs 532.7 crore in FY22. To earn a rupee, Zepto spent about Rs 1.7 during the year

Indian startup funding hits 5-year low in Q3 2023 at $1.5 bn: Tracxn

The quarter saw five funding rounds cross the $100 million mark, including the likes of Perfios, Zepto, Ola Electric, Ather Energy and Zyber 365