Zepto Cafe to get separate app, 100 new cafés a month, reveals Aadit Palicha; what’s brewing in 10-min delivery space?
3 months, 3 weeks ago

Zepto Cafe to get separate app, 100 new cafés a month, reveals Aadit Palicha; what’s brewing in 10-min delivery space?

Live Mint  

Aadit Palicha, co-founder of Zepto, announced via Twitter that the company is set to launch a dedicated app for Zepto Café next week. According to Palicha's tweet, the company is now opening over 100 new Cafés each month and handling more than 30,000 daily orders. Defending the quick commerce model Palicha strongly refuted claims that quick commerce disrupts traditional kirana stores, describing such allegations as "data-free narratives." According to Palicha, Zepto is on track to become PAT positive in the next fiscal year, with profitability timelines for individual stores reduced to as short as eight months.

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History of this topic

Zepto starts delivering Apple products including iPhones, iPads, Apple Watches, AirPods within minutes
2 weeks ago

Zepto starts delivering Apple products including iPhones, iPads, Apple Watches, AirPods within minutes

The Hindu  

Quick commerce company Zepto on Tuesday announced to deliver Apple products within minutes across India. Zepto’s competitor Blinkit already started delivering Apple products in February. “With Apple’s vast portfolio now on Zepto, we’re enabling premium technology instantly accessible, transforming how people buy high-value gadgets,” said Abhimanyu Singh, Business Head, Electronics Category, Zepto. “In just the last 30 days, over a …

IPO-bound Rebel Foods bets growth on 15-minute food deliveries
3 weeks, 4 days ago

IPO-bound Rebel Foods bets growth on 15-minute food deliveries

Live Mint  

BENGALURU : Multi-brand restaurant operator Rebel Foods, which is gearing up for a public-market listing in 2025-26, expects its newly launched 15-minute food delivery service ‘Quickies by EatSure’ to be a major growth driver in coming years, EatSure’s co-founder and chief executive Sagar Kochhar told Mint in an interview. The Mumbai-based company sees a massive opportunity in quick food deliveries …

BigBasket IPO? Tata Group-backed grocery giant plans to go public in 2 years amid demand surge: Report
1 month ago

BigBasket IPO? Tata Group-backed grocery giant plans to go public in 2 years amid demand surge: Report

Live Mint  

BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones. According to Reuters, the company is on track to double its business year-on-year by March 2026 and expand to about 70 Indian …

From Gondal's Coconut Culture to Hubli's Lucky Hotel, small-town eateries tap technology as food delivery soars
Trending News
1 month, 4 weeks ago

From Gondal's Coconut Culture to Hubli's Lucky Hotel, small-town eateries tap technology as food delivery soars

Live Mint  

Bengaluru: Folks in India's small towns are increasingly ordering in and dining out, mimicking their counterparts in metros and other large cities, where delivery giants such as Zomato and Swiggy have dramatically altered consumption patterns. As food and grocery delivery giants make deeper inroads across the country, eateries and restaurants in small towns like Gujarat's Gondal and Karnataka's Hubli are …

Zepto to file IPO draft papers by March-April as it transitions to marketplace model
2 months, 4 weeks ago

Zepto to file IPO draft papers by March-April as it transitions to marketplace model

Live Mint  

Quick commerce platform Zepto is likely to file its initial public offering draft papers in March or April this year, the Economic Times reported citing sources. If everything goes according to plan by April, Zepto will become the first quick commerce start-up to go public after food delivery platforms Zomato and Swiggy, which are parent companies to rivals listed. Zepto …

Quick commerce is rocketing. So, are kiranas on the way out?
2 months, 4 weeks ago

Quick commerce is rocketing. So, are kiranas on the way out?

Live Mint  

New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. As of 2023-24, according to data compiled by the National Sample Survey, there were around 22.8 million ‘unincorporated’ establishments conducting some sort of trade. Quick economics Ultimately, the ‘decline’ of kiranas may have come about from a combination …

Quick commerce in India: Boon or bubble waiting to burst?
Trending News
2 months, 4 weeks ago

Quick commerce in India: Boon or bubble waiting to burst?

Live Mint  

Quick commerce has rapidly emerged as a fast-growing segment and a game-changer in India’s retail industry, merging the convenience of e-commerce with ultra-fast deliveries. Key players and market dynamics India’s q-commerce sector is dominated by Blinkit, Zepto, and Swiggy’s Instamart. According to news reports, q-commerce platforms have diverted approximately $1.28 billion in sales from these stores, representing 21% of the …

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO
3 months ago

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO

Live Mint  

New Delhi, Jan 1 The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and CEO Aadit Palicha has asserted. In a LinkedIn post on New Year's Eve, he said Zepto last year announced that 2024 will be the year people realise that quick commerce …

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn
3 months, 2 weeks ago

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn

Live Mint  

Quick grocery delivery startup Zepto saw its operating revenue more than double year-on-year to ₹4,454 crore in the financial year ended March 2024—its first year as a unicorn—highlighting the intensifying competition in the quick commerce space. The Bengaluru-based firm’s loss for the period remained flat at ₹1,248 crore, against ₹ 1,272 crore in the year-ago period, weighed by a nearly …

Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’
3 months, 2 weeks ago

Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’

Live Mint  

Zomato's Blinkit launches Bistro app: Food aggregator and delivery platform Zomato's grocery arm Blinkit has lauched its new food delivery app called Bistro. Available on Google Play Store and with plans for roll-out on Apple's iOS soon, the new app challenegs the lucrative quick food delivery space just as Zepto announced the separate launch of Zepto Cafe app. Next Growth …

Zepto to become profitable in FY26, hopeful for IPO plans next year: CEO Aadit Palicha
3 months, 3 weeks ago

Zepto to become profitable in FY26, hopeful for IPO plans next year: CEO Aadit Palicha

Live Mint  

Quick commerce major Zepto says it is on a clear path to becoming a fully Indian-owned entity and hitting the profitability milestone in the next fiscal year. "That's our ambition.of course, capital markets may change, but for now, we're optimistic that if the business continues to perform as well, we will go public in calendar 2025," the Zepto CEO told …

Zepto Eyes IPO By 2025 After $350 Mn Funding, Aiming For PAT Positive Next Year
3 months, 4 weeks ago

Zepto Eyes IPO By 2025 After $350 Mn Funding, Aiming For PAT Positive Next Year

ABP News  

Quick commerce company Zepto, buoyed by a fresh $350 million funding round from marquee domestic investors, is steering towards becoming a fully Indian-owned entity and achieving profitability by FY26, according to co-founder and CEO Aadit Palicha. In an interview to PTI, Palicha countered criticisms that the quick commerce model undermines traditional kirana stores, labeling such claims as "data-free narratives" that …

Zepto’s Aadit Palicha says quick commerce has not hurt kirana stores: ’Will create more jobs than Railways in 2-3 years’
4 months, 1 week ago

Zepto’s Aadit Palicha says quick commerce has not hurt kirana stores: ’Will create more jobs than Railways in 2-3 years’

Live Mint  

Zepto founder Aadith Palicha has claimed that quick commerce platforms have not hurt traditional kirana stores and that the industry has created jobs in the economy. Palicha said in an interview with Moneycontrol that the idea of traditional kirana stores being impacted by quick commerce brands such as Zepto, Blinkit, BigBasket, and Instamart was false. “Their own data shows that …

Zepto raises $350 mn in domestic funding round
4 months, 1 week ago

Zepto raises $350 mn in domestic funding round

The Hindu  

Zepto on Friday announced a $350 million fundraise in its latest round that the quick commerce company said marks the largest 100% domestic fundraise within India's startup ecosystem. The fundraise saw participation from several family offices and investors including Motilal Oswal AMC and Raamdeo Agarwal, the Taparia Family Office, Mankind Pharma Family Office, Cello Family Office, Haldiram Snacks Family Office, …

Quick commerce doesn't hurt kirana stores, creates more jobs than Indian Railways, Zepto founder Aadit Palicha says
4 months, 1 week ago

Quick commerce doesn't hurt kirana stores, creates more jobs than Indian Railways, Zepto founder Aadit Palicha says

Hindustan Times  

Zepto co-founder Aadit Palicha said quick commerce doesn't hurt traditional kirana stores and that it is a net job creator as well. Zepto delivery partners waiting for delivery orders in Mumbai on June 10, 2023 Palicha dismissed the whole idea of kirana stores being affected by the rise of quick commerce firms like Zepto, Blinkit, Instamart, and BigBasket, calling it …

Zepto raises another $350 million in third fundraise in six months
4 months, 1 week ago

Zepto raises another $350 million in third fundraise in six months

Live Mint  

Bengaluru: Quick commerce company Zepto has secured another $350 million in a funding round led by Motilal Oswal’s private wealth division, making it the firm’s third capital raise in six months. This comes just three months after the Aadit Palicha-led company raised follow-on financing of $340 million led by US-based venture capital firm General Catalyst, making its valuation shoot up …

Zepto plans to raise nearly USD 250 million by November-end
4 months, 2 weeks ago

Zepto plans to raise nearly USD 250 million by November-end

New Indian Express  

BENGALURU: Quick commerce start-up Zepto is planning to raise about $250 million, according to sources. In June this year, Zepto raised $665 million at a $3.6 billion valuation and also the company is ready to go public soon. Founded in 2021 by Aadit Palicha and Kaivalya Vohra, the quick commerce start-up has moved its headquarters to Bengaluru and in the …

Quick-Commerce’s Predatory Pricing Affecting Kirana Stores: CAIT
4 months, 2 weeks ago

Quick-Commerce’s Predatory Pricing Affecting Kirana Stores: CAIT

Deccan Chronicle  

Chennai: The fast-growing quick-commerce players have raised over Rs 54,000 crore as FDI and they are using a major share of the money to offer discounts and predatory pricing, which in turn is affecting the business of Kirana shops, alleges an industry body. This predatory pricing pulls customers away from Kirana shops, crippling their ability to compete,” a white paper …

Bengaluru coconut vendor challenges quick commerce giants in viral ad. See post
4 months, 3 weeks ago

Bengaluru coconut vendor challenges quick commerce giants in viral ad. See post

India Today  

A Bengaluru coconut vendor’s post featuring a challenge to quick commerce giants like Zepto, Blinkit, and BigBasket has gone viral on social media. The vendor’s handwritten sign compared the price of a single coconut offered by these apps, ranging between Rs 70 and Rs 80, to his own price of just Rs 55. The ad, shared by a user on …

Bengaluru vendor’s viral ad challenges Zepto and Blinkit’s coconut prices: 'Our price only…’
4 months, 3 weeks ago

Bengaluru vendor’s viral ad challenges Zepto and Blinkit’s coconut prices: 'Our price only…’

Hindustan Times  

A coconut vendor in Bengaluru has come up with a smart This Quick commerce apps have made shopping more convenient by delivering products quickly, but they often come with higher prices compared to local vendors. Take a look at the post here: Many customers are impressed by the lower price and the vendor’s ability to connect with the community through …

Zepto Founder: Passion Fueled Success, But India's Startup Landscape Remains a Distant Dream
5 months, 1 week ago

Zepto Founder: Passion Fueled Success, But India's Startup Landscape Remains a Distant Dream

News 18  

Zepto's co-founder and CEO, Aadit Palicha, emphasizes the passion and excitement that fuels the company's success despite working long hours. He believes that India's startup landscape is vastly different from that of cities like Shanghai, which has a larger market cap. Palicha aims to create a world-class internet company that generates significant cash flow and adds immense value to the …

Zepto moving headquarters from Mumbai to Bengaluru? ‘Employees told to relocate’
7 months, 3 weeks ago

Zepto moving headquarters from Mumbai to Bengaluru? ‘Employees told to relocate’

Hindustan Times  

Quick commerce startup Zepto is preparing to move its base from Mumbai to Bengaluru, Monecontrol reported. Zepto's co-founders Kaivalya Vohra and Aadit Palicha A person aware of the development told Moneycontrol that Zepto will bear relocation expenses for all employees willing to move to Bengaluru. The entire process is estimated to cost the company around ₹3-4 crore as a one …

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live
8 months, 1 week ago

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live

ABP News  

With the rapid increase in internet usage, the Quick Commerce sector has witnessed substantial growth, significantly altering consumer buying behavior. Apps such as Zepto, Swiggy, Instamart, and Blinkit have become integral to this shift, providing swift access to everyday necessities and reshaping how Indians shop. These quick commerce platforms have led to a notable change in purchasing patterns, with consumers …

Zepto promotes Devendra Meel to Chief Business Officer
8 months, 2 weeks ago

Zepto promotes Devendra Meel to Chief Business Officer

Deccan Chronicle  

Mumbai: Zepto, India’s fastest growing consumer internet company, proudly announces the elevation of Devendra Meel to the Chief Business Officer, effective July 2024. Devendra has executed like an entrepreneur and treated Pass like his baby, working tirelessly 6-7 days a week with the Pass team to make the economics sustainable, and brought the whole company together to get Pass launched …

Top line can grow to ₹2.5 lakh crore in 5-10 years if we execute well: Zepto CEO
8 months, 3 weeks ago

Top line can grow to ₹2.5 lakh crore in 5-10 years if we execute well: Zepto CEO

The Hindu  

Quick commerce unicorn Zepto revenue can grow multifold to ₹2.5 lakh crore in 5-10 years if the company is able to execute the business well, a top company official said on Saturday. Speaking at 7th JIIF Foundation day, Zepto Co-Founder and CEO Aadit Palicha said grocery and household essentials are the mother of all categories that are sold on leading …

Zepto raises $665 million in second funding round in a year
9 months, 1 week ago

Zepto raises $665 million in second funding round in a year

The Hindu  

Indian grocery startup Zepto said on June 21 it has raised $665 million in an investment round, in less than a year of its last fundraising, underscoring the high demand for services that deliver essentials within minutes. The deal adds heft to Zepto's balance sheet as it competes with Zomato-owned Blinkit and Swiggy's Instamart in a highly competitive market marred …

Zepto to diversify from groceries into higher value items, looks to set up bigger outlets
9 months, 2 weeks ago

Zepto to diversify from groceries into higher value items, looks to set up bigger outlets

Hindustan Times  

Zepto is looking to set up bigger dark stores for stocking a larger assortment of products, as the online grocery platform seeks to move into non-grocery delivery, according to two people aware of the company's plans, Mint reported. Over the coming months, Zepto will look to set up one or two big storage facilities in major cities for items such …

Zepto Raises $200 Million, Turns Unicorn
1 year, 7 months ago

Zepto Raises $200 Million, Turns Unicorn

Deccan Chronicle  

Chennai: Quick commerce platform Zepto has become the first unicorn in 2023 as it raised $200 million from private equity investors. With this, Zepto has raised over $560 million to date and its valuation has soared to $1.4 billion from $900 million when it raked in $200 million Series D in May last year, according to Entrackr. Zepto claims to …

Zepto India’s first unicorn in 2023; bags $200 million
1 year, 7 months ago

Zepto India’s first unicorn in 2023; bags $200 million

Live Mint  

New Delhi: Zepto on Friday said it has raised $200 million in a Series E round of funding at a valuation of $1.4 billion, making the online grocery company India’s first unicorn of 2023, and lifting hopes in the startup ecosystem facing a prolonged funding winter. In 2022, Zepto had raised $200 million in a Series D funding round led …

Meet Aadit Palicha, The 21-Year-Old Zepto CEO Who Made A Rs 7,300 Cr Company In A Year
1 year, 11 months ago

Meet Aadit Palicha, The 21-Year-Old Zepto CEO Who Made A Rs 7,300 Cr Company In A Year

News 18  

The late teens and early 20s are a phase of a person’s life where they are still mulling their career options and maybe still indecisive. In contrast, 21-year-old Aadit Palicha is the CEO of the online grocery store Zepto whose valuation crossed Rs 7,300 crore in 2022. The most striking part is that Zepto was introduced only in 2021 after …

How Zepto co-founders are disrupting grocery delivery
2 years, 6 months ago

How Zepto co-founders are disrupting grocery delivery

Live Mint  

House-hunting can be a tedious process, especially if you are a bachelor. Great company that created shareholder value and which they continue to do,” says Palicha, sitting in a simple cabin overlooking traffic-heavy JVLR Road. “Yeah…most people have a fully decked up management team in year 3 or year 5 of the company, we did it in month 6, that’s …

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