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8 months ago, ā” Zepto was at $1B GOV (Gross Order Value). Now? š°$4B. š 300% YoY growth š„ 50% cut in EBITDA & OCF (Operating Cash Flow) burn ā Breakeven in sight From dark stores to IPO dreamsā Can Zepto become Indiaās quick commerce success sto
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Flipkart Minutes plans to scale up its dark stores from 300 to 800 by 2025 to dominate the quick commerce race! ā Competing with Blinkit, Zepto, Instamart and Big-Basket QC ā AI-powered catalog & focus on Tier-1 speed ā Over 1 million orders already
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Zepto, a leading player in the quick commerce space, has significantly reduced its cash burn and is approaching a $4 billion annualised gross order value (GOV), according to cofounder and CEO Aadit Palicha. āWeāre getting close to $4 billion in annu
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Did you know āļøāļø In FY'24, more than two dozen startups with revenues of over Rs 500 Cr posted improved financial performance . Startups like Purplle, Porter, Lenskart and PhonePe achieved growth and better margins while others focused on reducing
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Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ā¹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-
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Pivoting -When do the numbers tell you it's time to drastically re-evaluate your startup's core business model?" Financial Red Flags: Consistently Negative Unit Economics: Losing money on every sale with no clear path to profit? Your Customer Acquis
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Blinkit is back on top. It's now the leader both in terms of Monthly and Daily active users in the quick commerce space, ahead of Zepto. But, why is this happening? Well, Zepto has shifted from its aggressive growth strategy to a more conservative
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It's incredible how rapidly quick commerce has taken off in India. Amazon showing interest in Swiggy's instamart: Everyone seems to wants a piece of the pie. Most people thought that QC can never be economical, and understandably so (Extremely to
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