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    • Tech firms Zepto, PhonePe push ahead with IPO roadshows amid West Asia conflict, market volatility 

      The investor meetings come at a time when global and domestic stock markets are witnessing extreme volatility amid the ongoing conflict in West Asia that has led to the blocking of sea lanes vital for crude and gas transport and other commodities. 

    • Zepto techie stranded in Dubai amid Middle East tensions, books Rs 40,000 flight from Muscat to Bengaluru

      A Zepto software developer stranded in Dubai after the US–Iran conflict disrupted flights travelled by road to Oman and booked a Rs 40,000 flight from Muscat to Bengaluru to return to India.

    • Swiggy shuts down Snacc as 10-minute food delivery becomes less profitable

      “While the product market fit was emerging, the broader economics made it challenging to scale,” the email, sent on February 19, reviewed by Moneycontrol, said.

    • Snacks, sunscreen and speed: How Zepto plugged into India AI Impact Summit

      Set up within weeks outside Hall 3, Zepto ran a compact dark store and café for AI Summit delegates, processing over a hundred orders an hour despite restricted hours.

    • Zepto to run dark store inside Bharat Mandapam for India AI Summit; Swiggy to support food deliveries

      China, US to send ministerial delegations to the five-day gathering

    • China, US to send ministerial delegations to India AI Impact Summit

      Zepto and Swiggy to run dark stores inside Bharat Mandapam for on-site deliveries

    • Inside Blinkit, Zepto and Instamart’s speed engine: How your quick commerce orders really arrive in 10 minutes

      As protests by delivery workers and a government advisory on ultra-fast delivery bring fresh scrutiny to quick commerce, Moneycontrol traces how groceries move from dark stores to doorsteps — and how incentives, infrastructure and timing shape the last mile.

    • Zepto rolls out in-app UPI as delivery platforms internalise payments

      The feature has been live for around six months, Moneycontrol has learnt, as platforms look to tighten checkout flows and reduce dependence on third-party payment apps

    • Strike has no impact: Zomato, Swiggy, Zepto others pay over Rs 100 crore to gig workers amid record high NYE order volumes

      While food delivery companies paid out Rs 60-70 crore to gig workers on NYE, quick commerce firms paid a total of Rs 50-60 crore, a jump of at least 30 percent over a regular day, three top executives at different companies told Moneycontrol

    • Zepto files for Rs 11,000-crore IPO via confidential route, targets listing next year

      Zepto has pre-filed draft IPO papers with Sebi via the confidential route to raise Rs 11,000 crore, marking a key step toward a 2026 listing.

    • Zepto’s FY25 loss widens 177% to Rs 3,367 crore, total sales jump 129%

      The results mark a high-burn scale-up year for Zepto, coming ahead of its planned IPO filing and amid rising competitive intensity in India’s quick commerce market.

    • Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war

      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.

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