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It’s FOMO for #investors! Quick Commerce will quickly become a liability for all companies in the race, and only the top two will reach positive EBITDA (not sure about PAT) after 18 to 24 months. Until then, keep pumping funds to provide the necessary runway. And after incurring continuous, significant burn 🔥 during this period, reaching breakeven could take an indefinite amount of time... By then, things will start lining up for an IPO, and public money will provide them with more runway. Save this message, and we’ll reconnect in a few months. However, it presents great opportunities for many #D2C brands to gain mileage through this platform, but they should not rely completely on it. Wishing great success to Quick Commerce 🙂
🚨 🔥 Zepto's close to raising $1 billion this year. The quick commerce biz is in talks to raise an additional $350 million led by General Catalyst and Mars Growth at a valuation of $5 billion. This price is a 40% premium from the previous round, which closed two months ago. In June, Zepto completed a mega funding round of $665 million at a valuation of $3.6 billion. Existing investors Nexus Venture Partners, StepStone Group, and Glade Brook Capital co-led the funding. https://lnkd.in/gPV8w8gs
