Zepto

Apoorv Pandey, senior vice president, strategy, and Chandresh Dedhia, VP and head of information technology at Zepto, along with other employees who have spent over three years at the startup, have also quit in recent months

Swiggy's Instamart, Zepto scrap handling charges, lower delivery fee thresholds as competition heats up

Swiggy, Zepto and Instamart follow Amazon’s quick commerce playbook via Amazon Now, which has already been offering zero miscellaneous charges to attract users in Bengaluru and Delhi-NCR.

Swiggy’s Sriharsha Majety takes a swipe at Zepto: ‘Won’t chase volume growth with poor average order values’; Aadit Palicha responds

Zepto CEO Aadit Palicha, in an interview with Moneycontrol, hit back saying Instamart burns more cash per order than Zepto, escalating the face-off between India’s top quick commerce rivals.

Swiggy to consider raising Rs 10,000 crore on Nov 7 via QIP amid increasing competitive intensity in quick commerce

The proposed Rs 10,000-crore QIP comes as rivals Zepto and Blinkit expand aggressively and new entrants like Reliance and Flipkart intensify competition in quick commerce.

Zepto breaches 20 lakh daily orders during Diwali; 40% higher than closest rival: CEO Aadit Palicha

Zepto clocked 2 million, 2.4 million and 2.1 million orders per day from October 18-20. Swiggy's Instamart delivered 1.4 million, 1.6 million and 1.6 million orders each day during the period, making it the the third largest player behind Blinkit and Zepto on an orders per day (OPD) basis, sources told Moneycontrol. Blinkit was the market leader with over 3 million orders.

Blinkit, Instamart, other quick commerce firms brace for higher competitive intensity after Zepto’s $450 mn fundraise: Analysts

Analysts say competitive pressure in India’s quick commerce space has been rising for several quarters, and Zepto’s recent fundraise is set to sharpen it further as Blinkit doubles store count, Instamart leans on discounts, and Reliance, Flipkart and Amazon expand into new city tiers

Around 300 employees impacted at Zepto amid cost efficiency drive at the quick commerce company

A total of around 1,000 Zepto employees have been impacted since the beginning of the year, sources told Moneycontrol. Zepto is also cutting back its spends on AWS and other software and the company will go "very tight" on hiring.

Zepto and DMart at the same juncture, CEO Aadit Palicha in employee town hall a day after $450 million fundraise

“We have cracked proximity, but yet to crack value and DMart, the retail giant, has cracked value but not proximity,” Palicha is learnt to have said, per employees Moneycontrol spoke to.

Zepto expands ESOP pool by $170 million to over $500 million

The move comes on the heels of the company’s $450 million Series H funding round, first reported by Moneycontrol, which values Zepto at $7 billion, up from $5 billion last year.

Blinkit to set up 3,000 dark stores by March 2027, says CEO Albinder Dhindsa

The quick commerce platform is doubling down on store density in India’s biggest cities even as rivals Swiggy, Zepto, Flipkart and Amazon intensify the battle for faster deliveries.

Zepto closes $450 million funding from Calpers and existing investors; taking total fundraise close to $2 billion in under two years

Zepto is now valued at $7 billion, up from $5 billion just last year. Moneycontrol had exclusively reported Zepto is nearing a $450 million funding round led by Calpers on October 1. CEO Aadit Palicha said Zepto has a cash balance of $900 million now.

Bengaluru traffic is so ‘painful’ that Zepto co-founder says he needs to take flight to reach airport

Aadit Palicha's remarks come as Bengaluru residents escalate protests over crumbling infrastructure. Earlier this week, the Individual Tax Payers Forum warned chief minister Siddaramaiah that citizens may stop paying property tax if public amenities don’t improve.

Govt leans on quick commerce for real-time price checks after GST rate cuts

Platforms like Blinkit, Swiggy’s Instamart, and Zepto have also been asked by the government to showcase savings made on account of the GST rate cuts, sources said, adding that this strategy is key to ensuring that tax reductions are leading to lower retail prices on a daily basis.

Zepto nears $450 million funding at $7 billion valuation led by US pension fund Calpers

A bulk of the $450 million, around $350-$380 million will be in primary capital that will go directly into Zepto's coffers. The remaining, $70-100 million, will be in the form of secondary share deals where early investors will sell shares, sources told Moneycontrol.

Quick commerce firms struggle to secure prime dark store locations in metros, face worker crunch

With most prime catchments in metros already taken, quick commerce firms are contending with soaring vacancy rates and high churn at dark stores, even as new vertical players crowd into the market.

Zepto partners ClearTax to offer ITR filing services for delivery executives

The programme combines digital and on-ground support, including helpdesks at Zepto dark stores, webinars, and telephonic support by ClearTax experts.

Quick commerce is ramping up luxury lineup as battle intensifies for festive demand

Platforms are looking to profit from the better economics in these categories. Premium stock-keeping units (SKUs) not only have higher ticket sizes but also offer better margins.

Plot in 10 mins? House of Abhinandan Lodha partners with Zepto for instant land buys

HoABL has plotted development projects in Goa, Alibaug, Ayodhya, Dapoli, and elsewhere, with a newly-launched project in Vrindavan as well

Swiggy’s Instamart reclaims second spot from Zepto in quick commerce, surges ahead on net merchandise value

Based on NMV, Blinkit had a 52 percent market share, Swiggy was number two with a market share of 25 percent and Zepto was in third place with a 23 percent market share, the data, accessed by Moneycontrol, showed.

Zepto revamps app, drops 'dark patterns' amid regulatory pressure

The changes include auto-application of free delivery and upfront disclosure of all charges in line with practices adopted by rivals such as Blinkit

Motilal Oswal Financial Services invests Rs 400 crore in Zepto

The big-ticket deal follows smaller cheques from MapmyIndia, and Elcid that the company raised earlier this month. Moneycontrol was first to report about Motilal's latest investmeny in Zepto in May.

Zepto launches online pharmacy, promises 10-minute medicine delivery - Check areas covered

Zepto Co-Founder and CEO Aadit Palicha said in a post on LinkedIn that, as of now, Zepto Pharmacy has been rolled out in specific locations across Mumbai, Bengaluru, Delhi-NCR, and Hyderabad.

MapmyIndia to invest Rs 25 crore in Zepto to strengthen API, mapping integration for deliveries

The investment comes just a week after Zepto raised Rs 7.5 crore from Elcid Investment at a valuation of $5.9 billion.

'Competitive intensity in quick commerce will remain high': Swiggy's Instamart CEO Amitesh Jha

Jha says pressure remains high in quick commers as standalone rivals scale and ecommerce giants test waters, even as Swiggy shifts focus to deepening existing markets

Maharashtra FDA to continue inspection of Blinkit, Zepto dark stores

In June, the FDA found that a Blinkit-affiliated dark store in Pune operated by a partner firm was functioning without a mandatory food safety licence. In the case of Zepto, a facility in Dharavi found instances of non-compliance with food safety norms. Both companies had resumed operations after clearance from the authorities.