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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.
Hey I am on Medial • 1y
Let's decode one pattern : • Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO. • Startups backed by Softbank such as OLA Electric and OYO are ra
See MoreDine. Delight. Repea... • 6m
Everyone seems to be diving into the 10-minute food delivery game now, and the competition is heating up! With BigBasket, backed by Tata, joining the race, it’s going to be interesting to see how the market evolves and who manages to stand out. 🏃♂️
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