Zepto Set to Disrupt BNPL Market with 'Zepto Postpaid'

• Zepto has teased a new feature called 'Zepto Postpaid' on its app, inviting users to join a waitlist for exclusive early access.
• The feature will offer interest-free repayments of up to INR 5,000, according to limited information available.
• This announcement follows Zepto's recent $340 Mn funding round led by General Catalyst, raising its valuation to $5 Bn.
• Zepto's move into BNPL comes months after partnering with Simpl for one-tap checkout on its Zepto Pass membership.
• The quick commerce space is heating up with competitors like Blinkit and Swiggy Instamart, as Zepto aims to double its dark store count by March 2025.

Source: Inc42