Amid the intensifying quick commerce battle for supremacy and expansion into ecommerce territory, Zepto is in early stage talks to raise at least $300 million from global investors, two sources briefed on the matter said. #retail #retailnews #latestnews #Etailing #Zepto #QuickCommerce #Zeptovaluation #Blinkit #SwiggyInstmart #Fliapkart #Walmart #Zomato #ZeptoFundraising
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eCommerce Manager at Tramontina India | Digital Marketing | Business Development | Strategic Planning | Market Research
CEO Aadit Palicha's assertion that Zepto will surpass DMart within 2 years sounds ambitious. While looking at 💼 DMart's model of essential goods and efficiency through 200 stores, #Zepto navigates urbanization and convenience, alongside strong competitors like #SwiggyInstamart and #Blinkit. Zepto's #FinancialPerformance FY23 revenue was ₹2,024 crore, showing rapid growth but much smaller than #DMart's ₹30,976 crore ($3.75 billion) in FY2022. DMart is reporting profits in tune of ₹1,499 crore in FY23 while Zepto grew on losses of ₹1,272 crore in FY23. It will be now worth watching how Zepto's #BusinessStrategy fulfils what it dares today. #Ecommerce #RetailIndustry #CompetitiveAnalysis #InvestmentInsights #StartupChallenges #RetailTrends #QuickCommerce #MarketAnalysis
Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha
business-standard.com
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Quick Commerce is still thriving in many markets! As we know, Quick Commerce per se is still finding its feet after a turbulent few years, and whereas a standalone rapid grocery delivery service will always struggle in mature (eCom/ Bricks and Clicks) markets like the UK, in many developing markets Q-Comm is still a big opportunity for many brands. Great thing is we can learn from our (decades of!) successful eCom history in these established markets and apply the key learnings to make Q-Comm work elsewhere. How well are you transferring your eCom knowledge across borders and subchannels? If you feel it could be a bit less turbulent and bit more rapid then please get in touch. #quickcommerce #zepto #ecommerce #developing #mature https://lnkd.in/eFzm4m_w?
India’s Zepto raises $665m in second funding round
finance.yahoo.com
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Remember when waiting 30 minutes for groceries felt like a win? Well, Zepto thinks that’s ancient history. Now, they’re at your door in 10 minutes and just raised another $340 million to prove it. Since its inception in 2020, Zepto has been shaking things up in India’s grocery delivery market. From its pivot from KiranaKart to its 10-minute delivery promise, Zepto is challenging established giants like Blinkit, BigBasket, and Instamart—and making waves in the process. What’s the Latest? - Zepto has raised $340M in a fresh funding round, bringing its valuation to $5 billion—a clear sign that investors believe in its disruptive model. - The new funds will accelerate its expansion, doubling its dark stores to 700+ by 2025, and ramping up its tech-driven operations. But how did they get here? - The Pivot: Originally KiranaKart, Zepto rebranded and focused on ultra-fast 10-minute deliveries, turning speed into their core differentiator. - Dark Stores: By using smaller, strategically located dark stores, they’re able to keep products closer to customers—ensuring rapid deliveries. - Tech-Savvy Ops: Zepto’s advanced algorithms streamline everything from inventory management to delivery routes, ensuring efficiency. Challenges: - Competing with deep-pocketed rivals like Blinkit and BigBasket. - Managing the costs of ultra-fast deliveries while scaling profitably. - Handling complex logistics without faltering on their 10-minute promise. But Zepto continues to innovate, winning 13% of the market in its first year alone and generating ₹2000 crores in revenue by 2023, a 1362% growth! What’s next for Zepto? As they expand further and continue to innovate, can they surpass India’s offline retail giant DMart in the next 18-24 months, as their CEO boldly predicts? Find out more about their journey, strategies, and future plans in our latest video on YouTube. Link in the first comment below.
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"Zepto's valuation skyrocketed from $1.4 billion to $3.6 billion after a $665 million fundraise. This is no small feat in a market emerging from a funding winter. ✏ Valuation jumped from $1.4 billion to $3.6 billion! 📈 ✏ Plans to double dark stores to 700 by March 2025 🏬 ✏ Zepto Cafe for quick delivery snacks and meals 🍔 ✏ Blinkit plans to double its dark stores to 1,000 by the fiscal year-end 📦 ✏ India’s quick commerce space grew 77% in 2023 to $2.8 billion GMV 🚀 Let's gear up for an exciting ride as Zepto reshapes the e-commerce landscape! 🌐🚴♂️ Source: Mint #QuickCommerce #StartupGrowth #Ecommerce #InvestmentStrategies #Zepto Flipkart Zomato Swiggy Amazon
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Quick commerce unicorn Zepto recently secured $665 million in funding and is already in talks to raise another $400 million. Zepto is emerging as a competitor to major e-commerce giants like Blinkit and Swiggy Instamart by having found its niche in the top 10% of the market segment that values time over money. While traditional e-commerce will continue to exist, people who value money over time will surely choose quick commerce platforms over traditional e-commerce platforms like Amazon and Flipkart, even when it comes to getting the smallest of things delivered. A quick commerce model is profitable and has a high order repeat rate. Its business model is based on charging a premium for products and fast delivery. Quick commerce strategically gathers data on high-frequency products, builds localised warehouses, and enables its riders to deliver at hyper speeds, which again gives it a competitive advantage over traditional e-commerce companies. This reminds me of what Blue Dart did to the American postal services; both continue to function but appeal to different segments of people. For example, if I'm at work and urgently need stationery, I would opt for Zepto despite the higher cost for immediate delivery rather than wait for a discounted delivery the next day. This convenience and speed make businesses like Zepto profitable and successful. #zepto #funding #quickcommerce #ecommerce #timeovermoney
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Unicommerce eSolutions is stepping into the big leagues with its Ongoing IPO on August 6, 2024! 💥 With a massive ₹276.57 crore offering, they're set to make waves in the market. Did you know? Last year alone, they processed over 791.63 million orders and worked with big names like Lenskart, Mamaearth, and Sugar Cosmetics. Ready to invest in this e-commerce powerhouse? 💸 Drop a 👍🏻 if you’re in or 👎🏻 if you’re passing! Stay tuned for more updates and make informed decisions! 💼 #MarketUpdate #Nifty50 #dojis #StockMarket #InvestSmart #Finance #NSE #InvestmentTips #WeeklyWrap #StockPerformance #NiftyUpdates #IPOAlert #Unicommerce #Ecommerce #InvestmentOpportunity
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Incoming Strategy Associate @BatterySmart | Ex-Groww | 2amVC | IIT Bombay '26 | Investment Team IIT B | IIT B Rocket Team
𝗪𝗵𝘆 𝗮𝗿𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝘀𝗼 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗼𝗻 𝗾𝘂𝗶𝗰𝗸 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮, 𝗱𝗲𝘀𝗽𝗶𝘁𝗲 𝘁𝗵𝗲 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀? Take a closer look at Zepto’s unit economics: Average order size: ₹450 Blended Gross margin: ~20% (₹90) Fixed costs (dark stores): ~10% (₹45) Delivery partner costs: ₹30-50 And on top of that, there are corporate expenses, server costs, and other overheads. Clearly, the numbers show that unit economics are not profitable yet. So, why all the excitement? It boils down to three strategies that quick-commerce players like Zepto are betting on to crack the code: 𝗕𝗼𝗼𝘀𝘁𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗩𝗮𝗹𝘂𝗲 (𝗔𝗢𝗩): Zepto and other players are actively expanding its product categories and increasing its SKUs, venturing into areas like fashion, electronics, and beauty. By doing this, they aim to increase transaction sizes and ultimately scale up to EBITDA and PAT profitability. 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗗𝗲𝗻𝘀𝗲 𝗦𝘁𝗼𝗿𝗲 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝘀: By increasing the number of dark stores in metro cities, Zepto reduces delivery times (boosting customer satisfaction) and cuts costs. With a density of 33 stores per city across just 10 cities—compared to 16-18 for others—Zepto focuses on metro expansion, where high demand ensures each store’s profitability. 𝗟𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗟𝗮𝗯𝗲𝗹𝘀: Zepto’s launch of its own meat brand, Relish, is a clear play to boost margins through higher-value offerings. Private labels could be the game-changer for unit-level profitability. Despite having the smallest market share compared to its competitors, Blinkit and Swiggy Instamart, Zepto's focus on operational efficiency and strategic metro expansion positions it to reach profitability sooner than the rest. They’re not just scaling—they’re doing it smartly, with an eye on customer satisfaction and long-term growth, putting them ahead of the curve and well on their way to redefining the quick-commerce landscape. 🚀 Do you think Zepto’s strategy will redefine quick commerce in India? Share your thoughts below! #zepto #blinkit #swiggy #quickcommerce #vc
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Unicommerce ’s net profit surged to more than two fold to Rs 13 crore in FY24, from Rs 6.4 crore. Operating revenue rose 15% to INR 103.58 Cr in FY24 from INR 90.06 Cr in FY23. Launched by three classmates at IIT Delhi – Ankit Pruthi, Karun Singla and Vibhu Gargin in 2012. It was later acquired by Snapdeal in 2015. In 2021, latter sold a 30% stake in the firm to SoftBank. Unicommerce is the provider of cloud-based e-commerce fulfillment solutions for businesses. Some of its clients include Lenskart, Mamaearth, Boat, Urban Company and Zivame. It has filed for an IPO with an offer for sale of 25.6 million shares, with SoftBank and AceVector as key sellers. AceVector Limited holds a 34.91% stake in Unicommerce followed by SoftBank which commands 29.2%. (IPO: Initial public offering, in which shares of a private company are made available to the public) #unicommerce #IPO #Snapdeal #Softbank #AceVector
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🚀 Spice Up Your Cart! India's Grocery Revolution Unveils a 2X Surge in Q-Commerce 🌶 📈 Game-Changer Alert: March 2022 to March 2023 witnesses a doubling Q-Commerce orders. 📊 💸 Hot Picks for Spending: Blinkit, Swiggy and Zepto's Q-Commerce takeover claims 40-50% of India's e-grocery spending! 💳 🌆 Top 10 Cities Powerhouse: 80% of orders from major cities set the stage for a fierce competition between these giants, fuelling expansion beyond Tier 1 cities.
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𝗤𝘂𝗶𝗰𝗸 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗙𝗮𝗰𝗲𝘀 𝗡𝗲𝘄 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 𝘄𝗶𝘁𝗵 𝗛𝗶𝗴𝗵-𝗩𝗮𝗹𝘂𝗲 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝗶𝗲𝘀 Quick commerce firms like Zepto, Blinkit, and Swiggy’s Instamart are expanding into higher-value product deliveries, facing operational challenges in logistics and warehousing. With plans like Blinkit’s 1,000 dark stores, these companies must navigate increased costs and logistical complexities. The transition from two-wheelers to larger vehicles and the need for new supply chain strategies highlight the evolving landscape. #finance #news #QuickCommerce #Ecommerce #LogisticsChallenges Source:- https://lnkd.in/d6Q-_tXE
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