Page 11 - Zepto

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

Zepto tops startup list as most preferred workplace among professionals

14 of the 20 startups on this year's LinkedIn list are new entrants

Zepto most preferred startup for professionals in India: LinkedIn ranking

E-commerce platform Zepto, which has turned unicorn recently, has emerged as the top startup in India in terms of professionals' preferred workplace, according to a list by a top recruiting platform. Startups that followed the e-grocery app in the ranking include EV cab aggregator BluSmart, fintech company Ditto Insurance, audio OTT platform Pocket FM and Skyroot Aerospace, respectively. LinkedIn on Wednesday released its 'Top 25 Indian Startups List', an annual ranking of emerging companies where professionals want to work, based on the hiring platform's data of almost 1 crore members. Zepto climbed three spots from number 4 last year as the top startup in terms of employee growth, jobseeker interest, member engagement within the company and its employees, and the startups pulling talent from LinkedIn's Top Companies list. "It's truly remarkable that 14 of the 20 startups featured on this year's list are new entrants, underscoring the immense potential and astonishing pace of ...

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