Zepto Relocates HQ to Bengaluru's Sarjapur Road

• Zepto, a hyperlocal quick commerce platform, has signed a lease to convert Total Mall on Sarjapur road, Bengaluru into its office space.
• Initially planned for November, the relocation of all 1,700-1,800 employees has been extended to February due to delays in finding the right location.
• The move will bring Zepto closer to rivals Swiggy and Flipkart, who also have offices in the same area.
• The relocation cost is estimated at Rs 3-4 crore, but will save Zepto around Rs 40-50 lakh in rent per month.
• Zepto plans to hire an additional 500 employees, increasing its total strength to around 2,200-2,300.

Source: Moneycontrol