CosmicTaco

Zepto projects 150% annual growth, raises $1 billion in 90 days

CosmicTaco · 2024-08-28T11:06:32.332040+05:30

- Zepto co-founder Aadit Palicha anticipates 150% growth in next 12 months - Annualized sales run rate recently exceeded $1.5 billion - Quick commerce firms collectively on track for $6 billion annual sales - Zepto raised $1 billion in past 90 days for aggressive expansion - Palicha sees 'huge opportunity' for quick commerce in tier 2/3 cities Source: [Techcrunch](https://techcrunch.com/2024/08/27/zepto-snagging-1-billion-in-90-days-projects-150-annual-growth/)

Zepto co-founder Aadit Palicha anticipates 150% growth in next 12 months
Annualized sales run rate recently exceeded $1.5 billion
Quick commerce firms collectively on track for $6 billion annual sales
Zepto raised $1 billion in past 90 days for aggressive expansion
Palicha sees 'huge opportunity' for quick commerce in tier 2/3 cities

Source: Techcrunch

4mo ago

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DancingWalrus

Deutsche Bank4mo

Zepto vs Gujju Marwadi Jain Baniya lobby

Let's see who wins

I put my money on the Baniya lobby

They have gone through wars, droughts, are bootstrapped and patient

This kid will go home the day his unit economics screws up and VC daddies stop pouring money

Also the Baniya lobby has the government by it's balls because it finances it so don't be surprised of the government nerfs quick commerce with strict policies

CosmicQuokka

Paralleldots4mo

If 7-11 can be present (an organized player) within every 5kms of human settlements abroad, i believe zepto can do it too here.

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