Sunday, December 22, 2024

zepto

Zepto initiates talks with bankers for $450 Mn IPO, targets August 2025 listing

Quick commerce giant Zepto has reportedly initiated talks with domestic and international merchant bankers, targeting a potential listing on Indian stock exchanges by August...

Zepto likely to expand into BNPL segment with ‘Zepto Postpaid’

Quick commerce giant Zepto is set to launch 'Zepto Postpaid', marking its likely entry into the buy now, pay later (BNPL) segment.͏͏͏Ap͏͏͏p͏͏ Wa͏͏it͏l͏is͏t͏ f͏͏or͏...

Zepto secures $340 Mn in follow-on round, valuation hits $5 Bn

Zepto, the quick commerce unicorn, has secured $340 Mn (INR 2,850 Cr) in a 'follow-on financing' round led by General Catalyst, valuing the company...

Centre probes impact of quick commerce growth on kirana shops

Amid growing concerns that the unchecked expansion of quick commerce platforms like Blinkit and Swiggy Instamart is affecting India’s kirana sector, the Centre has...

Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand

Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow.These brands aim to...

Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy

High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks.The family office of Bollywood superstar Amitabh...

BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries

Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...

E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier

The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...

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