Source: Techcrunch
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
If 7-11 can be present (an organized player) within every 5kms of human settlements abroad, i believe zepto can do it too here.
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
While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this
Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?
