Zepto’s IPO filing reveals fast growth, bigger losses, and a valuation question nobody’s answered yet
Zepto’s advertising revenue jumped 151%, outpacing the company’s 104% growth in operating revenue.
Zepto
Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups
Flipkart’s ongoing expansion beyond major cities and heavy discounting is raising risks for India’s quick commerce startups, analysts say.
India reportedly tells quick-commerce firms to drop 10-minute delivery promise
India’s labor ministry is pushing the country’s booming quick-commerce sector to prioritize the wellness and safety of its gig workers.
India’s gig workers win legal status, but access to social security remains elusive
India is restructuring its gig economy with a new labor law, but much more is needed before gig workers see real benefits.
Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up
Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone […]