Page 4 - Zepto

Avendus Wealth-Hurun India Uth Series 2025: Zepto cofounders top the list

With 8 alumni featured, BITS Pilani leads all undergraduate institutions, followed by IIT Roorkee and IIT Delhi with 6 each

Swiggy, Blinkit, Zepto rate users and delivery workers: Here's how it works

India's quick-commerce industry expected to grow threefold between 2024 and 2027, touching an estimated ₹1.5 trillion-₹1.7 trillion

Q-comm orders soar to ₹64,000 cr in FY25, to touch ₹2 trillion by FY28

Indians ordered Rs 64,000 crore of goods from quick-commerce platforms like Blinkit and Instamart in FY25, more than double from the previous fiscal year's Rs 30,000 crore, a report said on Thursday. The gross order value (GOV) is estimated to grow more than three-times to touch Rs 2 lakh crore by FY28, the report by one of the arms of domestic rating agency, Careedge Ratings, said. The platforms pocketed revenue of Rs 10,500 crore from fees in FY25, which was huge growth from Rs 450 crore in FY22, the report said, adding that the revenues are expected to grow to Rs 34,500 crore by FY28. "This sharp increase is due to increased platform fees by major players, resulting in higher revenue realisation and a substantial increase in overall GOV," the report by Careedge Advisory said. Platforms are also shifting focus from hypergrowth to revive profitability, leveraging advertising, subscriptions, private labels, and tech-led inventory optimisation, it said. The 'take rate' which is the

Zepto set to raise $500 mn in new funding round, valuation to touch $7 bn

Zepto's $450-500 million funding round is likely to be led by General Catalyst and Avenir, with efforts to boost Indian ownership ahead of its IPO by attracting domestic investors

FSSAI warns e-comm players against non-compliance with food safety norms

The warning was given at a meeting chaired by the FSSAI CEO G Kamala Vardhana Rao with more than 70 representatives of leading e-commerce platforms

Qcom thrives in metros but faces hurdles in smaller cities: Redseer

Despite quick commerce players extending operations to over 100 cities, Redseer notes that non-metro representatives of 90+ cities contribute just over 20 per cent of quick-commerce GMV

Ascendas Firstspace looking to enter qcom logistics warehousing mkt

Warehouses or dark stores larger than 3,000 sq ft would lead to longer time durations for quick commerce deliveries, affecting the business cases for players like Blinkit, Zepto, Instamart and others

Fast and now under fire: Quick-commerce firms face heat from regulators

According to a report by Blume Ventures, an early-stage venture fund, India's qcom market surged from $300 million in FY22 to an expected $7.1 billion in FY25

Why startups like Meesho are paying millions to come back home | Razorpay | Zepto | Groww | PhonePe

What if we told you that some of India’s top startups are writing massive tax cheques, just to move back home, some of them being Meesho and Razorpay?

Zepto scales fresh supply chain, sells 22 lakh units daily in May

Zepto quadruples daily fresh produce sales to 22.1 lakh units in May by sourcing directly from farmers via 70+ hubs and using tech to optimise procurement and delivery

Quick commerce war intensifies as Amazon, Flipkart join the race | Business news

India’s quick commerce space is seeing an all-out price war. With Flipkart and Amazon jumping in, platforms are slashing prices to gain market share, even at the cost of ballooning losses.

Blinkit, Zepto resume operations in Maharashtra after FDA licence clearance

Blinkit and Zepto resume operations at closed facilities in Maharashtra after securing food safety licences and complying with corrective actions ordered by the FDA

Quick commerce price war heats up as Amazon, Flipkart enter the fray

With deep-pocketed players entering the quick commerce space, platforms ramp up discounts to attract users, driving up cash burn and delaying paths to profitability

Govt to increase checks on quick commerce dark stores amid hygiene issues

FSSAI to lead surprise inspections as complaints about poor hygiene and expired products in dark stores mount; packaged food brands urge quick commerce platforms to improve standards

After Zepto, FDA shuts Blinkit Pune store for no licence, improper storage

Earlier this month, the Maharashtra FDA suspended the food business licence of quick commerce unicorn Zepto in Dharavi, Mumbai citing non-compliance with food safety standards

Maharashtra FDA revokes Zepto's food biz licence in Dharavi, Mumbai

The suspension will remain in effect until the establishment achieves full compliance and receives clearance from the licensing authority, the FDA said

Zepto's food business licence cancelled in Dharavi over 'poor hygiene'

Maharashtra FDA suspends Zepto's food business licence in Dharavi after inspection reveals severe hygiene violations and non-compliance with food safety norms

Zepto's Aadit Palicha accuses 'rival q-commerce CFO' of smear campaign

Zepto's Aadit Palicha claims a rival CFO is running a smear campaign to undermine its rapid Ebitda gains and aggressive dark store expansion

Flipkart expands quick commerce to tier-2 and tier-3 cities nationwide

Flipkart Minutes aims to scale rapidly to 800 dark stores by year-end, using existing logistics to reach smaller cities and challenge Blinkit, Instamart, and Zepto

Zepto pays ₹95 crore in April salaries, rivals Swiggy on employee costs

Zepto's ₹95 crore salary payout in April nears Swiggy despite a smaller workforce, reflecting its aggressive hiring strategy and drawing comparisons with larger rivals like Zomato and Swiggy