Zepto is a mirage too! Raising money just for the hype in quick commerce.
They are failing to deliver the value but they are trying to show fake growth and raising money showing higher valuation. So the basic game is numbers you have the valuation but zero value to deliver and their Zepto pass is a bigger scam to fool customers. God bless minds of VCs and investors because they fall for such traps and spill money like crazy on such startups.
All those Q-commerce platforms want everyone to get addicted to food and luxurious stuff consumptions, ignore local Kirana stores and order from them only.
This bubble will burst soon. Please take care of your physical, mental and monetary health, ignore discount offers.
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by Matilda Vernon
Zepto
Zepto becomes India's 1st 2023 unicorn
The timing of Zeptos fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the co...
https://m.economictimes.com/tech/funding/unicorn-drought-ends-as-zepto-raises-200-million-at-1-4-billion-valuation-from-stepstone-goodwater/articleshow/103053527.cms