Too much money too soon, where have we seen that?

Silent founders operating from GCC 😊

Won't the founders be diluted like crazy by now, they have to be easily below 50% by now. In their initial fund raise also I remember they gave away quite a bit of equity.

They'll have to pivot soon. When Meesho started as a reselling business they were valued at $5b. Then they shutdown their offices in Indonesia and pivotted to full-scale ecommerce in India Now, they're doing ok but the initial idea of Meesho being a reselling company is gone. But still the company is doing well and making money. Zepto is now in the same bucket. Their only pull right now is quick commerce. They'll have to pivot soon with all the cash they have. If they do they'll survive.

Do you have an explanation for Walmart pouring in more monies in Flipkart? I see Qcomm as a good replacement of general trade players. They have started pivoting to dark store franchisee model, making themselves asset light and focusing on distribution-execution. I feel after Zomato acquired Blinkit, this whole space is seeing new execution energy. Zepto imitated some of the Blinkit practices, categories. One of the biggest investments regret I’ve is - when I referred Delivery Hero unit economics while researching on Zomato. The fundamental difference is - 1) Unit economics is very different 2) Customer behaviour and aggregation

Okay wait I just processed this. $400Mn a week after raising $665Mn. Valuation jump from $3.6Bn to $4.6Bn. That's a lot of things altogether. Hmm. Not sure what to make of this. Blinkit is valued at $12-13Bn. So...

Still these dudes are like making the platform crazy in the recent months. last night I was ordering something, they were charging 18 rs platform charge, 30rs rain charge and free delivery as I have zepto pass 🤣🤣 . Chup chaap dukaan jaake samaan leke aaya.

It might just work for a country like India with the gap widening between the rich and the poor..the rich who have the money to pay more for the convenience of buying grocery sitting at home, and we have the poor who will work for peanuts and serve this need. Net net, it can still become a profitable business maybe...i think many dark stores are already operationally profitable..

They have done a revenue of 10,000 Cr in 2 year off of operation. That's commendable Swiggy took - 10 yr.

Now founders will buy Lamborghini and bungalows

I believe in qCommerce, I don't believe in Zepto. They seem shady.

I have never ever ordered from Zepto, only instamart and rarely from Blinkit. They’re doing something shady fs

Its not a unique idea. Hundreds of others are doing the same thing. Dont know what VCs are expecting

Quick commerce is interesting space. How many options are available to for investment for VC ? 1. Blinkit - Zomato acquired it. 2. Instamart - Swiggy owned it and preparing for IPO. 3. JioMart - Owned by Reliance. 4. BigBasket - Tata invested recently. So ultimately, If you want to bet money on quick commerce, you have only one option - Zapto. Though Zepto's numbers may not look impressive but not bad enough to push away VCs.

where is all the money going so quickly, i wonder

Seems like a bubble

Just high level money laundering stuffs which we small peasants can’t understand

The QC market will max out with multiple players already and Flipkart, reliance to enter. Then for growing to justify valuation will need TAM expansion to other e-commerce use cases. Of course there will be consolidation to a duopoly like in e-commerce and telecom at some stage. Founders making secondaries sale is the incentive and VCs are banking on acquisition by the fund pumped giants for their returns.

Let's try to focus on the end goal here. Raising money is a different aspect and what they do after it is another. Real results lie in the coming 1-2 yrs. Maybe after 3 yrs we can come back to the post and see where this thing went.

Who said profit isn't coming

Smokes 🚭