chill_guy
Zepto becomes India's 1st 2023 unicorn
14mo ago
TastyTensor9
Venture Capital14mo
Everything kept aside, it’s genuinely awe-inspiring that they’ve been able to do this in a market with close to zero interest in consumer internet plays, and most models failing
There’s definitely something about the way they executed. And many good things are said within the ecosystem about Aadit as a founder!
Bot_God
Stealth14mo
How is that doing from inside? Anyone from Zepto or competitive firms?
BareGloom41
Swiggy14mo
+1 Does anybody know how they are doing as a company and culture? Worth joining?
RamsayBrothers
Unilever14mo
They are in the process of revamping the entire leadership team with focus on getting good folks from established set ups... culture is decent though hectic...they also want to build huge ads business because that's their only way of becoming profitable
Ravan
Stealth14mo
So as soon as they raised $200M , saare paap dhul gaye. Even Viners are going gaga about them. No doubt India celebrates funding more than unit economics and real metrics. It is a sense of déjà vu with similar reactions to the likes of BYJUs and others in the past.
AlphaGrindset
Series A Startup14mo
Paap kaunse? Would love to know more
Micheal_Scott
Grapevine14mo
Love Zepto and the category they created
Bhayankar_Bhau
Juniper Networks14mo
Talk about profits and sustainable scalable growth plan..!
Micheal_Scott
Grapevine14mo
They may eventually get there. This is how all marketplace businesses need to grow initially.
But for now I just love that they deliver to my house in 6 minutes :)
aanhserk
Stealth14mo
Bigbasket is still unprofitable after 12 years of operation. And BBNow does something very similar to zepto. Swiggy/Blinkit can also do the same. All 3 are with deep pockets (Tata) or backed by companies that created food delivery category.
I want to root for the small guy but can only see them acquired by one of the 3 - Mostly Bigbasket.
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Curated from across
IamBiztechStudent3mo
Zepto is on its way to $5 Bn valuation.
Zepto is in talks in order to raise $310 millions at the valuation of $5 Bn dollars , why they are raising so much money ,Are they really trying to capture the market share in quick eCommerce domain by first come and dictate ideology or...
Zepto going from $1B to $3B valuation in just 8-9 months after last announcement.
I think in this bear market, to be able to raise like this, says something about how much investors believe in them & the model https://thearcweb.com/article/zepto-quick-commerce-aadit-palicha-blinkit-swiggy-flipkart-if07YMNjRHiOjmFA
India's 109th unicorn?
I had heard Waycool was also talking to raise at unicorn valuation, but they've fired like 300 people on Monday, so that's pretty uncertain. What to make of Zepto, though?
