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About Zepto
Industries
Food & Agriculture
Consumer Software
Company Size
10,001+
Company Stage
Private
Total Funding
$2B
Headquarters
Mumbai, India
Founded
2021
Overview
ZeptoNow operates in the online grocery delivery market, providing a wide range of daily essentials including fresh produce, pantry staples, frozen foods, dairy, beverages, and non-food items like beauty products and health care items. Customers can easily order through a user-friendly mobile app available on Android and iOS. ZeptoNow differentiates itself from competitors by offering quick delivery, ensuring that customers receive their groceries without long wait times. The company generates revenue through a commission-based model, earning a percentage from each sale made on its platform. The goal of ZeptoNow is to provide a convenient shopping experience for busy individuals and families, making it easier for them to access essential products from the comfort of their homes.
Simplify's Take
What believers are saying
- Zepto secured $100M from Motilal Oswal, boosting its financial strength.
- The launch of 'Zepto Atom' enhances brand analytics with AI-powered insights.
- Partnerships with brands like Pepperfry expand Zepto's quick commerce offerings.
What critics are saying
- Increased competition from Swiggy may erode Zepto's market share.
- Rapid expansion could lead to unsustainable growth and financial instability.
- The commission-based revenue model is vulnerable to regulatory changes affecting rates.
What makes Zepto unique
- Zepto offers a wide range of daily essentials, including non-food items.
- The company promises swift delivery, enhancing customer convenience and satisfaction.
- Zepto's user-friendly mobile app facilitates easy ordering for busy individuals.
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Funding
Total Funding
$1992.6M
Above
Industry Average
Funded Over
9 Rounds
General Catalyst
Lightspeed Venture Partners
Y CombinatorGrowth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 0%2 year growth
↓ -1%India stands at a turning point for agrifoodtech investment. With $2.5 billion of agrifoodtech funding in 2024, the country holds an undisputed lead in the developing world, thanks in no small part to the plethora of smallholder-farmer-focused ag marketplaces and quick-delivery heavyweights such as Swiggy and Zepto. But as these sectors mature and consolidate, the need to channel more VC dollars into life sciences is becoming more apparent
Zepto unveils 'Zepto Atom' - A hyperlocal, ai-powered analytics suite for brands.
Motilal Oswal and Raamdeo Agrawal, co-founders of Motilal Oswal Financial Services, have invested $100 million in Zepto, a rapid delivery start-up, to increase Indian ownership. The investment involved acquiring shares from foreign investors like Rocket Internet. MOFSL plans to lead a $250 million secondary funding round for Zepto, with Edelweiss and Hero Fincorp likely to join. Zepto is valued at $5 billion and aims to become an Indian entity before its IPO.
Pepperfry, India's leading e-commerce furniture and home decor company has partnered with Zepto for its entry into the quick commerce segment.
Zepto has rolled out a campaign 'Get Gym Ready in 10 Minutes' to showcase its activewear catalogue and speedy delivery for its customers.
There are no jobs for Zepto right now.
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About Zepto
Industries
Food & Agriculture
Consumer Software
Company Size
10,001+
Company Stage
Private
Total Funding
$2B
Headquarters
Mumbai, India
Founded
2021
There are no jobs for Zepto right now.
Find jobs on Simplify and start your career today