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ZeptoNow delivers groceries and daily essentials through an online platform. Customers use a mobile app on Android and iOS to browse products, place orders, and arrange delivery, with emphasis on fast fulfillment. Revenue comes from commissions on each sale made through the platform, and the service stands out with its quick delivery and broad product catalog. The goal is to make grocery shopping quick and convenient by delivering orders straight to customers’ doors with minimal wait.
Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
Late Stage VC
Total Funding
$2.5B
Headquarters
Bengaluru, India
Founded
2021
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Total Funding
$2.5B
Above
Industry Average
Funded Over
15 Rounds
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Zepto, BookMyShow, SpiceJet penalised: What are the 13 'dark patterns' for which digital platforms can be sued? The Central Consumer Protection Authority has initiated a major crackdown on digital platforms employing deceptive 'dark patterns' to influence consumer choices Published: August 06, 2026 11:53 AM IST Highlights. * The crackdown is based on the Guidelines for Prevention and Regulation of Dark Patterns 2023 * The move is aimed at protecting consumers from deceptive design techniques and unfair trade practices online * Companies like Zepto, Physics Wallah, FirstCry, SpiceJet, PharmaEasy, and McAfee received fines for practices such as hidden fees, misleading discounts, and manipulative donation requests The Central Consumer Protection Authority (CCPA) conducted a broad crackdown on nine digital platforms for influencing consumer choices through deceptive practices. Some of these companies were penalised, including Zepto, Physics Wallah, FirstCry, SpiceJet, PharmaEasy, McAfee and Anuj Jindal. Zepto was penalised Rs 7 lakh for adding handling charges and membership fees to the basket after displaying discounted rates for individual products. Physics Wallah, the digital education platform, was charged Rs 5 lakh for pre-selecting a Rs 10 donation to its PW Foundation and adding persuasive messaging to induce guilt into retaining the pre-selected donation amount. The CCPA also notified the flight service, IndiGo, for using a manipulative opt-out button which said: "No, I will take the risk." Following the regulator's intervention, IndiGo changed the prompt to neutral messaging: "No, I will not add to the trip," narrowly escaping the penalty. These practices come under a longer list of 13 practices under the Guidelines for Prevention and Regulation of Dark Patterns 2023. It aims to protect consumers from making decisions based on deceptive design techniques on digital platforms. While these may seem like marketing techniques, if an app uses the following techniques to drive consumer demand, it can be sued. False urgency: Creating a scarcity of products or resetting countdown timers to rush a purchase. SpiceJet was penalised Rs 1 lakh for using fake countdown timers during flight ticket sales to induce panic and rush users into checking out. Basket sneaking: Adding products, services, or charitable donations at checkout without the consent of the user, such that the payable total amount is more than the price of the products chosen. BookMyShow was ordered to remove a pre-ticked Rs 1 to 2 contribution to its charity initiative that auto-added to the ticket total. Confirm Shaming: Inducing guilt, shame, fear or ridicule, and emotionally manipulating the user to purchase a product, service or add a subscription from the platform. Indigo was warned of deploying this technique. Forced Action: Compelling users to buy extra goods or share personal data to complete an unrelated transaction. Physics Wallah forced students to provide personal information to access courses that were advertised as entirely free. Subscription Trap: Hiding cancellation buttons or intentionally complicating the opt-out process for a subscription. McAfee forced users through a complex loop of links just to cancel an auto-renewing software subscription. Interface Interference: Designing layouts to visually highlight profitable actions. Bait and Switch: Advertising a lower price, but delivering a more expensive result once the transaction starts. For example, a cab ride is priced at 150 initially, but changes to 280 once the booking is confirmed. Drip Pricing: Hiding mandatory components of the final price and revealing them only on the very last payment screen. FirstCry was penalised Rs 2 lakh for advertising product discounts on its storefront, but adding GST charges at the last payment page that cancel out most of the discount. Disguised Advertisements: Styling a paid ad or video to look identical to organic media coverage. Nagging: Bombarding users with continuous repetitive pop-ups to change their choice. For example, if an app repeatedly pops up texts saying "Switch on notifications" even after the user clicked "no". Trick Questions: Using confusing, misaligned phrasing to get accidental consumer consent. If a checkbox text says "uncheck this box if you do not wish to opt out of receiving daily marketing updates", it confuses the user about whether checking it helps or hurts privacy. SaaS Billing: Charging recurring fees on a user's credit card without sending a clear notification prior to the payment. If Spotify or Netflix does not send an auto-payment notification for the user's subscription, it can be sued under SaaS Billing. Rogue Malware: Using hyperlinks or fake "Download Now" buttons to trick you into downloading randomware or malware. Free movie-streaming websites that fake a "play video" button to open new tabs that download harmful files onto your device. Disclaimer: Comments posted here are the sole responsibility of the user and do not reflect the views of THE WEEK. Obscene or offensive remarks against any person, religion, community or nation are punishable under IT rules and may invite legal action.
Kily funding: agentic AI startup raises ₹30 crore led by Sorin Investments. By Tanu August 4, 2026 4 Mins Read Enterprise AI startup Kily has raised ₹30 crore (around $3.1 million) in a funding round led by Sorin Investments, with participation from Razorpay and Wyser Capital. The fresh investment will help the company accelerate product development, strengthen its enterprise AI platform and expand its presence among consumer brands across India. The funding comes as investor interest in agentic AI startups continues to grow, with businesses increasingly adopting AI-powered automation to improve operational efficiency across digital commerce channels. Fresh Capital to expand AI platform and market reach. According to the company, the newly raised funds will primarily be used to enhance its product capabilities, scale go-to-market operations and drive wider adoption of its AI platform among consumer brands. Founded in 2025 by Sankalp Mehrotra, Anurag Singh and Sharad Chitlangia, Kily is building an agentic AI platform that enables brands and sellers to automate decision-making across e-commerce and quick commerce marketplaces. The startup focuses on helping businesses reduce manual intervention in commerce operations by deploying AI agents capable of analysing marketplace data, identifying opportunities and executing operational decisions. As digital commerce continues to expand rapidly in India, companies are increasingly seeking AI solutions that can improve speed, efficiency and business performance without relying on labour-intensive workflows. AI agents automate marketplace operations. Kily's platform combines marketplace intelligence with each brand's commercial objectives to automate several operational functions. Its AI agents assist businesses in managing product visibility, advertising campaigns, pricing strategies, inventory planning and marketplace operations across multiple online platforms. Rather than relying on spreadsheets, dashboards and manual reporting, the platform continuously processes business data and marketplace signals to recommend or execute operational actions automatically. The company believes this AI-first approach allows brands to respond more quickly to changing market conditions while improving operational accuracy and efficiency. Supports leading e-commerce and quick commerce platforms. Kily currently integrates with several of India's largest online commerce platforms, including Amazon, Flipkart, Blinkit, Zepto and Swiggy Instamart. The startup enables brands to manage operations across these marketplaces through a single AI-powered interface, reducing the need to monitor multiple seller dashboards separately. Since launching its platform, Kily has worked with consumer brands including ITC, demonstrating early enterprise adoption of its AI-driven commerce management technology. With quick commerce becoming an increasingly important sales channel for consumer goods companies, AI-powered automation is emerging as a key competitive advantage for brands managing multiple digital storefronts simultaneously. Rising demand fuels agentic AI innovation. The Kily funding round reflects growing investor confidence in agentic AI, a segment focused on AI systems capable of making autonomous decisions and executing complex workflows with minimal human intervention. Unlike traditional automation software that follows predefined rules, agentic AI platforms can continuously analyse changing business conditions, adapt recommendations and complete tasks across multiple systems. Industry analysts expect enterprise adoption of AI agents to accelerate as businesses seek to improve productivity, optimise inventory management and reduce operational costs. The latest funding will allow Kily to continue expanding its AI capabilities while supporting a larger customer base across India's consumer goods ecosystem. Investors back India's Enterprise AI opportunity. The participation of Sorin Investments, Razorpay and Wyser Capital highlights increasing investor interest in enterprise AI startups building solutions for digital commerce. India's startup ecosystem has witnessed a surge in funding for artificial intelligence companies over the past year, particularly those developing AI tools for enterprise productivity, customer engagement and business automation. As competition among consumer brands intensifies across e-commerce and quick commerce platforms, technologies that improve operational efficiency are expected to remain a priority for businesses seeking sustainable growth. With the new funding, Kily plans to strengthen its technology stack, expand enterprise deployments and further establish itself in India's rapidly evolving enterprise AI market.
Zepto IPO faces 30-40% valuation cut demands from MFs. Advertisements India's leading mutual funds have rejected Zepto's proposed IPO valuation of $4-5 billion, demanding a 30-40% discount before they'll participate. The pushback forces the quick-commerce startup to scramble for alternative investors with its target launch just two weeks away. The standoff marks a significant reality check for Zepto, which raised $450 million from US pension fund Calpers at a $7 billion valuation in October 2025. In nine months, the company has already halved its expectations. Mutual funds want it halved again. $4-5B | $2.8-3.5B Range between Zepto's current IPO valuation target and what mutual funds are willing to pay Advertisements What's driving the mutual fund resistance? Domestic MFs Push Back On Zepto's IPO Valuation: Sources Zepto's bankers and key investors have responded by intensifying discussions with money managers while simultaneously courting high net worth individuals and large family offices. The company hopes to wrap up negotiations with asset managers by Tuesday, though no mutual fund has accepted its proposal yet. "What we are saying is if you can get the participation of the majority of the other big funds, we will also look into it again," a top official at a large mutual fund told Economic Times. Translation: nobody wants to be first through the door at this price. The company may also shrink its IPO size. ET reported on July 17 that Zepto could raise $650-700 million in fresh capital instead of the originally planned $850 million. A smaller raise at a lower valuation would limit dilution, but it signals weakened momentum heading into public markets. PE firms pivot hard from IT services to AI. While Zepto negotiates, private equity firms are rewriting their India tech playbook entirely. Capital is flowing out of traditional IT services and software toward AI-native startups, particularly those automating workflows at the application layer. Kedaara Capital has planned a $30-40 million investment in healthcare AI startup RapidClaims at a valuation of $150-160 million. EQT Partners is in talks to invest $100-120 million in enterprise AI integration startup UnifyApps. Creaegis and A91 Partners have backed AI startups Emergent and Deccan AI. The numbers tell the story clearly. AI-native companies accounted for 59% of software and AI deal value across PE and VC transactions in H1 2026, up from 19% a year earlier, according to DC Advisory. Deal value for non-AI software companies dropped 40% over the same period. "A large part of India's opportunity will be in AI enablement and applications that use domain expertise, proprietary data and workflow ownership to solve real business problems," said Neeraj Shrimali, managing director at Avendus Capital. The focus is on businesses where AI creates durable competitive advantage, not generic wrapper products. Advertisements Other signals from Indian tech. The newsletter also flagged price pressure hitting Infosys as IT services face commoditization. PhonePe released its FY26 report, though specifics weren't detailed in the dispatch. The Cockroach Janta Party protests, which ended Sunday after union minister Dharmendra Pradhan resigned, exposed a gap between brand cause marketing and actual political engagement. Most brands stayed silent, with experts noting that bad timing on a political post can damage reputation faster than no response at all. Logicity's take. Mutual funds demanding 30-40% haircuts on Zepto's already-reduced valuation reflects broader skepticism about quick-commerce unit economics, not just one company's pricing. For founders watching this play out: public market investors are done paying private market premiums. The PE pivot to AI-native startups also signals where growth capital sees defensibility. Companies building on proprietary data and workflow automation will attract investment; thin wrappers on foundation models will not. What happens next for Zepto. Zepto's Tuesday deadline with asset managers will determine whether the company can launch its IPO on the original timeline. If mutual funds hold firm, Zepto faces a choice: accept a valuation around $3 billion, delay the IPO, or lean heavily on HNIs and family offices who may demand even more favorable terms. The outcome will set expectations for other Indian startups considering public listings. Swiggy went public in late 2024 and has traded below its IPO price since. Mutual funds remember that. Need help implementing this? For founders and finance teams tracking the Indian startup ecosystem, staying ahead of market shifts matters. Reach out to Logicity for coverage requests or deep-dive analysis on specific companies. Advertisements Huma Shazia Senior AI & Tech Writer Produced with AI assistance and reviewed by the Logicity editorial team. Learn more in its Editorial Policy.
Quick commerce startup Zepto plans to list on stock exchanges within 2–3 quarters, CEO and co-founder Aadit Palicha told employees on 31 July. He said the company would not need to refile its draft IPO papers, only update financials as an addendum before November 2027. Palicha confirmed Zepto raised around $100 million in a pre-IPO placement from existing investors including Glade Brook, General Catalyst, Goodwater Capital, and Nexus Venture Partners. The move followed domestic mutual funds valuing the company at $2.5–3 billion, below Zepto's $4–5 billion estimate, according to earlier reports. The listing timeline depends on improved financial metrics and more favourable valuation terms.
Zepto likely to pause IPO, in talks to raise ₹1,000 crore from existing investors: Sources. By Rachna Dhanrajani July 30, 2026, 8:32:51 PM IST (Updated) Zepto is likely to press pause on its initial public offering and is instead in talks to raise about ₹1,000 crore from its existing investors, sources told CNBC-TV18. The decision follows a prolonged standoff over valuation with domestic mutual funds and insurers, who have emerged as the dominant participants in anchor books and pre-IPO rounds for new-age listings. Zepto had already lowered its valuation expectation to $4-5 billion ahead of the issue. Domestic institutions, however, sought pricing 30-40% below even that level, with bids coming in at $3.5-4 billion on a pre-money basis, sources said. That marks a sharp reset from October 2025, when Zepto closed a $450 million round led by US pension fund CalPERS at a valuation of $7 billion. Why the funds pushed back Fund managers have rejected Zepto's attempt to benchmark its valuation against listed peers Eternal and Swiggy, on the grounds that Zepto operates only in quick commerce and has no food delivery business, sources said. Investor caution has also been shaped by post-listing performance in the sector. Swiggy currently trades around ₹251, roughly 35% below its IPO price of ₹390. Where the IPO stands Zepto received SEBI's observation letter on May 8 and filed its updated draft red herring prospectus in June. The issue comprised a fresh issue of ₹8,010 crore and an offer for sale of 11.34 crore shares by existing shareholders. The proposed ₹1,000 crore raise is roughly an eighth of the fresh capital Zepto had sought through the IPO. Separately, ICDR norms require that audited financials in an offer document not be more than six months old as on the issue opening date. Zepto's accounts run to March 31, 2026, which places the same September 30 deadline on the current filing. A listing after that date would require the company to add first-half FY27 numbers. Zepto reported revenue from operations of ₹22,624 crore in FY26, up from ₹11,110 crore a year earlier. Net loss widened to ₹5,905 crore from ₹4,700 crore in FY25. The company held cash of ₹5,681 crore as of March 31, against Eternal's ₹17,972 crore and Swiggy's ₹13,512 crore as of their latest disclosures. Zepto operated 1,139 dark stores across 66 cities at the end of March. Zepto had appointed Morgan Stanley, Goldman Sachs, Axis Capital, HSBC, JM Financial, IIFL Securities and Motilal Oswal as bankers to the issue. Zepto had not responded to CNBC-TV18's queries at the time of publication.
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Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
Late Stage VC
Total Funding
$2.5B
Headquarters
Bengaluru, India
Founded
2021
Find jobs on Simplify and start your career today