Zepto to move headquarters to Bengaluru from Mumbai
4 months, 2 weeks ago

Zepto to move headquarters to Bengaluru from Mumbai

New Indian Express  

As per Tracxn, it has over 1,700 employees. The start-up has been hiring top talent across engineering, product, growth, finance, operations, and category management. Ratna Mehta, CEO and Managing Partner, Fundalogical Ventures, said the investor community in Bengaluru is vibrant, so anyone looking for venture capital will be able to understand roadshows close to home and the support ecosystem post investment is also robust. Known as the start-up capital with over 26,000 active start-ups, Bengaluru offers access to unique talent and about 40% of the country’s unicorns, contributing to its status as the talent capital for enterprise-ready talent in India, said Vikram Ahuja, co-founder ANSR, CEO Talent500 and ANSR Research. “This combination of diverse industries and exceptional talent makes Bengaluru a key draw for organisations aiming to build scale, drive transformation, and achieve value multiplication,” he added.

Bengaluru Talent  startup  bengaluru  valuation  capital  product  employees  ansr  headquarters  talent  mumbai  ceo  zepto

History of this topic

Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO
1 month ago

Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO

ABP News  

Zepto, the rapid delivery start-up, has retained its $5 billion valuation in its latest funding round, attracting notable investors such as Motilal Oswal’s Raamdeo Agrawal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, Claypond Capital, and the Cello Family Office. Additionally, the round saw participation from other prominent players, including the Haldiram Snacks Family Office, Sekhsaria …

Zepto raises another $350 million in third fundraise in six months
1 month 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 …

Highest number of sweet orders from Bengaluru this Ganesh Chaturthi: Zepto
3 months, 2 weeks ago

Highest number of sweet orders from Bengaluru this Ganesh Chaturthi: Zepto

New Indian Express  

BENGALURU: This Ganesh Chaturthi, Bengaluru led with highest number of sweet orders on Zepto. In a post on LinkedIn, Zepto co-founder and CEO Aadit Palicha said that "70,000+ sweets were sold out in the past 24 hours and Pedas were a big hit in Bengaluru." While Mumbai accounted for over one-third of all modak orders, Delhi-NCR and Hyderabad contributed to …

Karnataka govt welcomes quick commerce start-up Zepto to Bengaluru as it shifts its base from Mumbai
4 months, 2 weeks ago

Karnataka govt welcomes quick commerce start-up Zepto to Bengaluru as it shifts its base from Mumbai

Hindustan Times  

After quick commerce start-up Zepto announced changing its headquarters to Bengaluru from Mumbai, Karnataka government has welcomed the unicorn to the tech capital. Karnataka govt welcomes quick commerce start-up Zepto to Bengaluru as it shifts its base from Mumbai Karnataka IT minister Priyank Kharge said that Bengaluru is the most preferred place for start-ups as they draw huge funding for …

Zepto moving headquarters from Mumbai to Bengaluru? ‘Employees told to relocate’
4 months, 2 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 …

Zepto Raises $665 Million At $3.6 Billion Valuation, Plans IPO 'Soon'
6 months ago

Zepto Raises $665 Million At $3.6 Billion Valuation, Plans IPO 'Soon'

News 18  

Grocery startup Zepto has raised $665 million in a recent investment round, boosting its valuation to $3.6 billion, according to a statement released on Friday. Zepto reported that its gross merchandise value has “multiplied year-on-year to a base of $1 billion+”, and nearly 75% of its stores are fully EBITDA positive as of May 2024. Aadit Palicha, co-founder and CEO …

Zepto Raises $200 Million, Turns Unicorn
1 year, 3 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, 3 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 …

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