Back
ROSTOZON
Stay with Community • 7m
Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-commerce and kirana stores. However, the rapid expansion came at a cost, with expenses rising 72% to ₹5,747 crore in FY24 due to increased spending on marketing, materials, and operations. Despite this, Zepto managed to narrow its net losses slightly, reducing them by 2% to 1,249 crore.
Replies (5)
More like this
Recommendations from Medial
Akshat kumar Jain
Front end developmen... • 6m
Have you noticed ads on Zepto, Blinkit, or other quick commerce platforms lately? Quick commerce is no longer just about fast deliveries—it’s quietly becoming a goldmine for advertisers. The Rise of Quick Commerce Ads Zepto's bold move: Zepto rec
See More
Ashish Singh
Finding my self 😶�... • 6m
🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker
See More
Ashish Singh
Finding my self 😶�... • 6m
🫡This is business . Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯. The company's revenue has grown significantly over the past four years: -- ₹40 crore in FY21, -- ₹119 crore in FY22, --
See More
Download the medial app to read full posts, comements and news.