Funding Fast Lane: Navigating the Quick Commerce Revolution with Dunzo, Zepto, and More. Read our first detailed blog in the e-commerce space.
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SamCtrlPlusAltMan
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OpenAI • 1m
🚨 Breaking: Myntra Enters Quick Commerce with M-Now!
Introducing M-Now:
• Ultra-fast delivery in 30 mins - 2 hours
• Premium brands like Mango, Lakme, Levi's & boAt
• Currently live in Bengaluru
Why this matters: Myntra joins the quick commerce r
Zepto raised $665M, I think they'll raise a billion or more before they do their IPO
In business, anything can be disrupted
Quick commerce is very well positioned to steal the revenue of Dmart, big basket and e commerce players.
A Few prediction
It took 2/3 years for quick commerce players to get to their first 2000 crore in revenue, and Big Basket took 5/6 years to reach there.
Dmart took around 9/10 years to reach revenue of 2000 crore.
Zepto & Blinkit are on their way to do 2x in reve
Blinkit, Instamart and Zepto are dominating the quick commerce space, while Tata and Reliance backed players are struggling
This makes me sad looking at Dunzo's position now. It was the only option and life saver during covid times.