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Kishan Kabra

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Guava Trees Softech Pvt • 1y

Zepto is in a very tough situation nowadays. Their main business of instant grocery delivery is fast losing money, their biggest investor Y combinator just stopped growth stage fund YC Continuity. They have to see other investors or IPO but for ipo they need to be profitable otherwise band baj jaygi. They really have to look out something strong which is not easy because Indian quick commerce market is extremely competitive where Dunzo backed by Reliance Retail, BigBasket backed by TATA, Blinkit backed by Zomato and Instamart backed by Swiggy. Tough time for Zepto. Startup founders should learn from this that burning is not always a good move.

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