Page 11 - Zepto

Quick commerce unicorn Zepto makes Ankit Agarwal chief product officer

Senior executive will be in charge of company's supply chain and consumer management in new role

Top headlines: Delhi airport braces for G20 Summit, RIL AGM, and more

Business Standard brings the top headlines at this hour

With Zepto becoming first unicorn of 2023, is funding winter about to thaw?

Quick commerce startups hope to race towards better days. Can they crack the execution code?

Weekend Bites: Over the moon, thaw in funding winter, India's chess moment

In which we munch over the week's platter of news and views

Zepto becomes first unicorn this year, raises $200 mn at $1.4 bn valuation

This comes amid a funding slowdown where startups, across the board, have found it challenging to raise capital

Green shoots of profitability finally emerging among Startups in India

Many companies such as Zomato, Meesho, and MobiKwik have now turned profitable while others like Paytm, Delhivery, and Zepto have showcased a clear path to profitability

Zepto should be cash flow positive in 12-15 months: CEO Aadit Palicha

Data shows that 10-minute deliveries matter to customers, says leader of quick-commerce firm

Zepto 'in talks' to raise funding, may become India's 1st unicorn this year

Quick-delivery firm said to be looking to raise $150 mn in a funding round that will value it at $1.3 bn

Online grocery firm Zepto announces leadership elevation as it eyes IPO

This comes at a time when the startup ecosystem has been severely impacted due to funding winter

Coca Cola, Zepto expand partnership to 'return and recycle' PET bottles

Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'

Orders of Blinkit rivals surge as workers strike in Delhi-NCR continues

The delivery executives are seeking a reversal of the pay-out structure, which they claim is causing a reduction in their earnings

Zepto CFO Jitendra Nagpal quits, plans to launch a venture capital firm

Meanwhile, Zepto has announced the appointment of crypto firm CoinSwitch's chief financial officer Ramesh Bafna as its new CFO. Bafna is an ex-CFO of Myntra and an early member of the Flipkart team

Eye on profitability, quick commerce firms turn into brand magnets

Attract advertisers to their platforms while also focusing on core business and scaling up

Quick commerce firms deliver last-minute Valentine's gifts amid rosy demand

Platforms like Zepto, Dunzo, Blinkit and Instamart have seen huge uptick in demand for Valentine's Day goodies this week

Quick commerce firm Zepto launches engagement programme, app for farmers

Service will Zepto digitise processes helping farmers to streamline their supplies and yields

Zepto will stick to brand promise of 10-minute deliveries: CEO Palicha

Quick commerce fastest-growing consumer technology industry in India, he says

Higher costs and elusive profits: Why quick deliveries in India may go slow

A founder of a quick service company reportedly said that the 10-minute delivery was something of a "gimmick" as the speed of the delivery has slowed down and the costs have rise

About 4,000 jobs posted every day during festival season: Apna.co report

200,000 job opportunities created between Sep 1 and Oct 27; business development, telemarketing and sales among categories with highest number of vacancies