Zepto funding
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Zepto names Shashank Shekhar Sharma as Zepto Café CXO
PTI -
Sharma will oversee Café operations, footprint expansion, equipment procurement, quality control, and the end-to-end customer experience of Zepto CaféNew Delhi: Shortly after announcing plans to offer its café service as a separate app, Zepto has elevated Shashank Shekhar Sharma...
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Zepto narrows loss to Rs 1,248.6 cr in FY24, revenue doubles to Rs 4,454 cr
PTI -
Zepto co-founder Aadit Palicha expressed optimism about continuing this momentum towards profitability and said the company is on track for a profit after tax (PAT) in the near futureNew Delhi: Quick commerce firm Zepto has marginally brought down its...
E-Commerce
Zepto raises $350 mn in domestic funding round
PTI -
The fundraise was led exclusively by Motilal Oswal's Private Wealth division and the round included investments from Indian HNIs, family offices, and leading financial institutionsNew Delhi: Zepto on Friday announced a $350 million fundraise in its latest round that...
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Zepto raises $340 million at a valuation of $5 billion
PTI -
The funding round was led by General Catalyst with participation from new investors Dragon Fund and Epiq CapitalNew Delhi: Quick commerce unicorn Zepto has raised $340 million (over Rs 2,850 crore) in a follow-on financing round led by General...
E-Commerce
Quick commerce platforms hit record sales on Raksha Bandhan
PTI -
Blinkit, which holds about 40 per cent share of the quick commerce market, sold about 700 rakhis every minuteNew Delhi: Quick commerce platforms had a field day on the occasion of Rakshabandhan as the nation ditched exhaustive post-office shopping...
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Zepto to move headquarters to Bengaluru by November
PTI -
Zepto headquarters currently operates from the premises of co-working space provider WeWork at Jogeshwari in Andheri EastNew Delhi: Unicorn quick-commerce firm Zepto is working on plans to shift the majority of its employee base as well as its headquarters...
E-Commerce
Zepto raises $665 million; valuation nearly triples to $3.6 billion
PTI -
The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy GroomNew Delhi: Quick commerce company Zepto on Friday said it has raised $665 million (about...
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Apple tops Indian smartphone market with 23% value share, Vivo in volumes in 2024: Report
The report estimated that smartphone shipments grew 1 per cent year-on-year in 2024, reaching 153 million unitsNew Delhi: iPhone...
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