Motilal Oswal and Raamdeo Agrawal have each bought shares worth $50 million in quick commerce firm Zepto. The secondary share sales amount to $100 million.
Zepto's Aadit Palicha revealed how hiring missteps, and the Silicon Valley Bank (SVB) crisis nearly brought the quick commerce startup to a standstill.
Zepto expands operations in Tamil Nadu by opening 20 new dark stores in the state. This strategic move intends to help delivery partners maintain a safe & efficient speed while upholding Zepto’s 10-minute delivery promise.