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Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on ...
Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation to $570 million from $225 million less than two months ago as it ...
Zepto is an Indian quick-commerce company headquartered in Bengaluru. [2] It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. [3] As of August 2024, the company is valued at over $5 billion [4] and operates over 250 dark-stores across ten metropolitan areas in India.
Customers of the company use a mobile application to order groceries and essentials online. Blinkit's employees then secure the items from their warehouse and deliver the items to the consumer within 10 minutes. [10] By November 2021, the company was delivering 125,000 orders every day. [11] Blinkit currently operates in more than 30 cities in ...
From 2023, Q-commerce orders in India increased, and they made up about 40% to 50% of the country's e-grocery expenditures in 2024. [13] With delivery times of less than ten minutes, Q-commerce purchases in India now include the selling of high-end goods like the most recent iPhone 16 and iPhone 16 Plus. Approximately 55% of festive orders ...
On Tuesday, the company announced the launch of a 10-minute fresh grocery delivery service on Reem Island, a dense, mixed-use development off the coast of Abu Dhabi.
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