ZEPTO
Latest News
Archies eyes 150% Q commerce growth, global expansion
The company also plans to open 15-20 new company-owned stores by the end of the financial year (FY) 2025
New Delhi: City-based gifting retailer Archies, which clocked Rs 6 crore in sales through quick commerce platforms like Blinkit, Zepto, and...
Beauty & Wellness
Mila Beaute sets sights on Rs 100 crore revenue, aims to hit 1 million consumers by 2025: MD Saahil Nayar
Currently, the cosmetics brand is operating with a revenue run rate of approximately Rs 50 crore and a consumer base of around half a million across India
Bengaluru:Â Mila Beaute, a newly launched beauty brand and brainchild of former Swiss Beauty...
Finance & Funding
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...
FMCG
FMCG distributors raise concern over rapid growth of quick comm platforms
PTI -
The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companiesNew Delhi:Â FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny.In...
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...
In Focus
Fundraise in retail down by 49% Q-o-Q at Rs 740 crore
Of the overall funds received by retail companies, fashion and lifestyle brands garnered the maximum with over Rs 500 crore.Â
IndiaRetailing Insights: Fundraises in the retail sector in the April 2024 to June 2024 quarter dropped by almost 49% to...
Consumer Durables & IT
Get your Boat audio products in 10 min with Zepto Â
Boat and Zepto have also created a film featuring iconic pop culture doppelgangers to celebrate the partnership.
New Delhi:Â Â Audio and wearable brand Boat has partnered with quick commerce platform Zepto to deliver products to the doorstep in 10 minutes, a...
In Focus
Retail Tracker: June saw 65% increase in store launches, North saw double growth
With over 123 new stores opening in the region, North led the charge
IndiaRetailing Insights: Retail store launches in June 2024 stood at over 253 an increase of over 65% compared to May 2024 with 162 new stores opened in...
E-Commerce
Zepto faces backlash over Rs 131 pricetag for coriander leaves; says issue resolved
PTI -
Zepto drew flak when a user from Gurugram found that 100 grams of coriander leaves were listed at Rs 131 on ZeptoNew Delhi: Zepto faced social media ire after a user called out the quick commerce platform for listing...
E-Commerce
Top line can grow to Rs 2.5 lakh cr in 5-10 yrs if we execute well: Zepto CEO
PTI -
The company's revenue have grown over fivefold to over Rs 10,000 crore in FY24 from about Rs 2,000 crore in FY23New Delhi: Quick commerce unicorn Zepto revenue can grow multifold to Rs 2.5 lakh crore in 5-10 years if...
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Latest News
India smartphone market grows 6% to 4.6 cr unit in Q3, Vivo top with 16% share
The market was dominated by Chinese players, with leading brands cornering around72 % market share during the quarter
New Delhi:...
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