Zepto’s monthly cash burn has jumped to ₹250 crore due to rapid expansion, hiring, and marketing efforts. Despite this, the startup secured ₹2,500 crore in funding, marking a record domestic investment round.
A roadside coconut vendor has openly challenged quick commerce giants Zepto, Blinkit, and BigBasket comparing prices between roadside sellers and the brands.
Zepto CEO Aadit Palicha has recently expressed optimism about India's startup growth and praised PM Modi for building an effective atmosphere that allows the startup ecosystem's growth.
A Bengaluru woman protested as Zepto sent her an unsolicited message calling her a "Cutie". Mentioning the incident the woman shared on LinkedIn how even leading brands cross their limits while talking with a lady.
At the Moneycontrol Startup Conclave, Aadit Palicha, CEO of Zepto, likened his company's potential to Amazon's early days, predicting a $50-80 billion valuation with proper execution.
On August 7, Karnataka IT minister Priyank Kharge welcomed Zepto, a quick commerce startup, to Bengaluru, glorifying the city’s status as India’s top startup hub.
Aadit Palicha, CEO of Zepto, shared with ET Prime that media can influence enterprises, but success lies in execution. Despite a tough startup climate, Zepto raised $1.26 billion in three rounds, challenging Blinkit and Instamart.
Blinkit teams up with MyGlamm to offer Karan Johar's new POUT lipsticks, catering to the surge in beauty product orders on hyperlocal delivery platforms.