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Guava Trees Softech PvtĀ ā¢Ā 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.
"I am the architect ...Ā ā¢Ā 8m
BigBasket Joins the 10-Minute Delivery Race.. BigBasket is diving into the competitive quick-commerce space with plans to offer 10-minute food delivery under initiatives like āBoltā and āBistro.ā Backed by the Tata Group, the giant is expanding beyo
See MoreHey I am on MedialĀ ā¢Ā 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
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Zepto is playing it smart before the IPO! Raising ā¹1,500 Cr ($175M) debt from Edelweiss Alternatives & others ā”ļø Buying back foreign shares to boost Indian ownership. ā”ļø$5B valuation ā”ļøFounders upping stake from 18% to 20% š°$4B GOV IPO filing by
See MoreDine. Delight. Repea...Ā ā¢Ā 8m
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, itās going to be interesting to see how the market evolves and who manages to stand out. šāāļø
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Real truth of Zepto Cafeās Seprate App! So Zepto have recently announced Zepto Cafe, separate app for it's 10 Min Food business. Now while it looks as if it's just a way to compete with Zomato and Swiggy. There is probably more to this story. So Z
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