Zepto

Eternal-owned Blinkit continues to be the leader in the industry, with best-in-class profitability due to its growth-first strategy and aggressive store expansion, Jefferies said.

Zepto said to plan filing for $500 million India IPO next week

The 10-minute delivery platform’s offering is expected to include a fresh issue as well as secondary share sales by existing investors, with proceeds earmarked for expansion, sources told Bloomberg.

Blinkit, Instamart and Zepto now hold over Rs 40,000 crore in cash as quick commerce race heats up

A Moneycontrol analysis shows that the three firms have burned nearly Rs 9,000 crore over the past year. Amazon joined the capital-raise party with an expanded $35 billion cheque for India as it doubles down on cloud, commerce and AI investments in the region.

Zepto converts to public company ahead of planned IPO in 2026

Zepto is aiming to IPO soon after Swiggy announced it is raising Rs 10,000 crore through a QIP, in about a year since it went public and raised over Rs 11,000 crore via an IPO in November 2024. Eternal too raised over Rs 8,000 crore via a QIP.

Quick commerce players tamp down on dark store expansion, shift focus to efficient utilisation

While dark store expansion seems to be moderating currently, analysts believe that with quick-commerce players' latest fundraising plans, competitive intensity in the industry may see a revival in the coming quarters

Zepto’s meat business CEO Chandan Rungta quits, latest in a string of recent exits

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