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Zepto is an Indian quick commerce startup that delivers groceries and other household items within 10 minutes of placing an order. The company was founded in 2021 by Aadit Palicha and Kaivalya Vohra, two Stanford University dropouts. Zepto operates a network of dark stores, which are small warehouses located in densely populated areas. These dark stores are stocked with a variety of grocery items, including fruits, vegetables, snacks, and beverages. When a customer places an order, a Zepto delivery person is dispatched from the nearest dark store to deliver the items. The company currently operates in over 200 cities and towns in India. In August 2023, Zepto raised $200 million in Series E funding, valuing the company at $1.4 billion. This made Zepto the first unicorn of 2023 and one of the most valuable startups in India. Zepto's success is due to a number of factors, including its focus on speed, convenience, and affordability. The company's 10-minute delivery promise is a major draw for customers, as is its wide selection of products and competitive prices. Zepto has also been able to achieve rapid growth by operating in a market that is still relatively underdeveloped. Zepto faces a number of challenges, including competition from other quick commerce startups, such as Blinkit and Grofers. The company is also facing scrutiny from regulators, who are concerned about the impact of quick commerce on the environment and on the traditional grocery retail sector. Despite these challenges, Zepto is well-positioned to continue its growth. The company has a strong team of experienced entrepreneurs, a clear value proposition, and a large addressable market. If Zepto can continue to execute on its plans, it has the potential to become a major player in the Indian retail market. The supply chain and distribution Part .. Artificial intelligence (AI) to predict demand and optimize inventory levels. Robotics to automate tasks such as picking and packing orders. Geolocation technology to track delivery drivers and ensure that they are always on the shortest route to their destination. #unicornstartup #business #funding #zepto #ecommercebusiness #finance #research #growingbusiness

Ever wondered why 10-minute delivery startups are the new obsession in India? 🤔 Let's break it down! 1.Big Brands in the Quick Commerce Game: Zepto: Raised $100M in 45 days after a $60M boost. Swiggy: Invested a whopping $700M in instamart. Reliance Retail: Put $220M into Dunzo. Zomato: Rescued Blinkit with a cool $100M. 2. The Pain of Running Out: Remember the agony of missing salt or spice mid-cooking? Well, 2021 bid farewell to that with 10-minute delivery. Groceries at your doorstep, no exceptions. Goodbye, grocery lists! 3. Money Rain for 10-Min Startups: Zepto: Raised $100M in 45 days after a $60M boost. Swiggy: Invested a whopping $700M in instamart. Reliance Retail: Put $220M into Dunzo. Zomato: Rescued Blinkit with a cool $100M. 4. Zomato's Billion-Dollar Move: Why is Zomato dropping a billion dollars to save BlinkIt? Simple - competition. Swiggy's Instamart got a head start, and Zomato is making bold moves to catch up. The quick delivery baseline is 10 minutes, and everyone's jumping on the bandwagon. 5. Endgame for Quick Delivery?🤔 Quick commerce startups are betting on long-term behavioral change. Just like online food ordering became a norm, they want 10-minute grocery delivery to be an irresistible habit. The dream? Charge delivery fees and markup prices once the convenience is ingrained. 6. 🤷♂️ Is the Logic Flawless? Assumption 1: Will people pay extra for instant grocery delivery? Assumption 2: Making money depends on higher order values. Reality Check: It's an uphill battle. Competition is fierce, and sustaining profits remains a challenge. But Quick delivery startups are changing the game, but the road ahead is uncertain. Meanwhile the long-term success of these startups remains uncertain. Thank You.😊 Follow Subhrakanti Das for more✨ PS: I write really good stories for Founders,About Startups & a lot more things. If you want me to write one, DM me "Featured".

Grofers, now known as Blinkit, is a prominent player in the Indian online supermarket segment, offering convenient home delivery services for a wide range of food, grocery products, and essentials. Established in 2013, Grofers initially focused on groceries but has since diversified its offerings to include various categories such as beauty products, household care items, baby care essentials, and more. As a unicorn startup, Grofers secured a significant milestone with a $120 million fundraising round from Zomato, a leading food aggregator, further solidifying its position in the market. The investment not only bolstered Grofers' financial standing but also signaled confidence from industry leaders in its growth trajectory. On December 13, 2021, Grofers underwent a rebranding initiative and was officially renamed Blinkit. This rebranding effort aimed to align the company's identity with its evolving vision and expansion plans, reflecting its commitment to providing seamless and efficient delivery services to customers across India. Blinkit continues to thrive in the competitive online grocery space, leveraging its innovative approach, extensive product range, and commitment to customer satisfaction to maintain its position as a market leader. Stay updated on the latest developments and success stories of India's startup ecosystem by visiting UnicornofIndia.com. #Grofers #Blinkit #OnlineSupermarket #StartupIndia #UnicornofIndia

Kaivalya Vohra the youngest self-made millionaire and Aadit Palicha, the co-founders of the quick delivery startup Zepto, have become the youngest entrepreneurs to feature in the IIFL Wealth-Hurun India Rich List 2022. Heres what we know about it- -Zepto introduced a platform fee becoming the first quick-commerce company to do so. The fee is ₹2 per order and will apply to a select set of users. Currently, Zomato-owned Blinkit and Swiggy Instamart- Zepto's competitors- don’t levy a fee on grocery orders but collect a platform fee from customers who place food delivery orders. -Zepto spokesperson said, “We don’t believe in being over dependent on delivery fees to be profitable. We believe in core operating efficiency and cost reduction to be profitable. -Zepto is the third-largest quick commerce player with a market share of about 20 per cent. Zomato’s Blinkit's share is 40 percent while Swiggy Instamart is at 37-39 per cent, analysts at Bernstein said in a report in January. -A platform fee isn’t the only additional charge Zepto is levying as the company collects a ‘late night handling fee’ of ₹15 on orders placed after 11pm in certain cases. Zepto now charges anywhere between ₹5 and ₹28 as delivery fee but deliveries were initially free for cart values above ₹99 or ₹199. This depended on the transaction frequency of customers. #zepto #marketing #updates #business #businessworld #unicorn #blinkit #instamart #zomato #swiggy #millionaire #fyp #KaivalyaVohra #AaditPalicha #

which startups are your favorite? comment below................................. Today, on National Startup Day in India, we celebrate the spirit of innovation and disruption that thrives across the country. In the past five years, India's startup ecosystem has witnessed a meteoric rise, with young entrepreneurs building solutions for local and global problems. Here are my top 5 favorites. 1. Meesho: Transforming Rural E-commerce (2015) Founded by Vidit Aatrey and Sanjeev Barnwal, Meesho empowers small businesses and individuals in rural India to sell online. By removing language and technological barriers, Meesho democratized e-commerce, enabling millions to become micro-entrepreneurs. Their social commerce model, leveraging WhatsApp and Facebook groups, reached remote corners of the country, boosting rural incomes and financial inclusion. 2. Udaan: Building India's B2B Marketplace (2016) Udaan is designed to connect and help traders, retailers, and wholesalers for the small and medium businesses of India. The B2B trading platform in India, Udaan's platform supports a wide variety of categories like electronics, home and kitchen, fruits and vegetables, toys, and more. 3. Pepperfry: Furniture Redefined (2012) In a market dominated by unorganized furniture stores, Ambareesh Murty and Ashish Shah co-founded Pepperfry to bring quality and transparency to online furniture shopping. By offering curated designs, assembly services, and a strong customer focus, Pepperfry built trust and brand loyalty. 4. Zomato: Food Delivery Reimagined (2013) Starting as a restaurant discovery app, Zomato quickly morphed into a food ordering and logistics giant. Their focus on hyperlocal delivery, efficient algorithms, and diverse restaurant options transformed the way Indians eat. Zomato's success also paved the way for a vibrant food delivery ecosystem, creating employment opportunities and convenience for millions. 5. Dream11: Fantasy Sports Mania (2008) Dream11 tapped into the deep-rooted passion for cricket in India, creating a gamified experience that engaged sports fans on a whole new level. Today, Dream11 boasts over 100 million users and has successfully expanded into other sports genres. These are just a few examples of the countless success stories driving India's startup revolution. On National Startup Day, let us celebrate the ingenuity, courage, and resilience of these entrepreneurs who are not only building businesses but also creating a better future for India. #linkedinindia #linkedincreator #startupindia #storytelling

This morning, I ran out of razor blades. I went to my society shop to buy a pack but couldn't find it in their stock. On my way back, I called my wife and informed her about it. Upon reaching home, I was surprised to see a delivery boy parking his bike and checking an address. It dawned on me that my wife had used Blinkit to ensure I didn't miss an important meeting. I couldn't believe the efficiency with which Blinkit operates. It has become a norm in our home; my wife no longer asks me or the society shop for daily household needs. She simply uses two apps—Blinkit for urgent items and bigbasket.com for all our other grocery needs. These 2 amazing Startups have made the #GharKaLadka redundant as this was the only job he had in household chores. Blinkit (now owned by Zomato) was founded in the year 2013 by Albinder Dhindsa and Saurabh Kumar Blinkit's 10-minute promise has resonated with consumers, resulting in a 3x jump in revenue from operations in FY23 to ₹724.2 crore, up from ₹236.1 crore in FY22. Though losses widened to ₹1,078.9 crore in FY23, despite revenue growth. Around 30% cost is delivery. Maybe time to onboard #GharKaBeta with a scooty to get positive unit economics and enabling them again. Glad these Startups were not available when I was a teenager. I couldn't have got my first bike😉 #blinkit #quickcommerce #delivery #India #startups #challenges #success #datadriven Image credit YourStory Media Soonicorn Ventures | Nucleus Advisors

Curious about Swiggy Instamart? Dive into how it works and how it grew! From a simple idea to a household name, delivering groceries from your phone to your doorstep. Swiggy Instamart stands out in India's quick commerce sector with its ‘dark store’ model and city-wide micro-warehouses. With a $700 million investment, Swiggy Instamart expanded to over 25 cities, reaching 9 million users in just two years, Offering more than 5,000 products from 500 brands and holding a 36% share of the quick commerce sector. Edited by Sri Harsha Narrated by Kavya Vegesna1 Caption by Leela Sai Abhiram Irlanki GITAM Deemed University #gitam #entrepreneur #entrepreneursclub #SwiggyInstamart #QuickCommerce #StartupSuccess #TechInnovation #IndiaEcommerce #TechGrowth #ConsumerConvenience #DeliveryService

Zomato, a global leader in foodtech, today announced a partnership with EV startup Battery Smart to give its food delivery partners on the latter's network access to battery swapping. The arrangement, according to Zomato, would provide its food delivery partners access to Battery Smart's current network of more than 800 exchange stations spread across more than 30 cities. The project is a part of Zomato's pledge to replace all of its delivery vehicles with EVs by 2030. The food tech giant and Battery Smart organised a two-wheeler "EV Mela" in Delhi last month to promote Battery Smart's battery as a service business model and to educate delivery partners who use two wheels about the advantages of utilising an EV. Hundreds of EV fans, mostly delivery partners from Zomato, participated in the EV Mela, together with auto partners Lectrix and Fujiyama and EV financial partners Revfin and Mufin. As the first food ordering and delivery business worldwide to join Climate Group's EV100 campaign, Rinshul Chandra, COO of Zomato's food ordering and delivery business, stated, "At Zomato, we are dedicated to 100% EV adoption by 2030. With the goal of enabling greener last-mile delivery, we are currently collaborating with over 50 businesses in the EV ecosystem. This partnership with Battery Smart gives our commitment even more traction because it allows our delivery partners to take advantage of a sizable and easily accessible network of battery swapping stations. #businessnews #partnership #startup #startupindia #zomato #BatterySmart #TheStartupTrends

Baron values Swiggy at $12.16B, above prior private market valuation Baron Capital, an capitalist successful Indian nutrient transportation startup Swiggy, has accrued the worth of its involvement successful the Indian firm, implying a valuation of $12.16 billion, surpassing the $10.7 cardinal post-money valuation astatine which Swiggy secured backing successful the second portion of 2021. New York-based Baron Capital disclosed successful caller fillings that it has marked up the worth of its involvement successful Bengaluru-based Swiggy to $87.2 million, an summation from its archetypal concern of $76.7 cardinal successful the nutrient transportation platform. The valuation uptick astatine the extremity of December represents a noteworthy improvement for Swiggy and, much broadly, the Indian startup ecosystem. This is peculiarly important fixed that Swiggy’s valuation had antecedently been marked down to a debased of $5 billion. Swiggy commands astir 45% marketplace stock successful the Indian nutrient transportation assemblage and is “well positioned to payment from structural maturation successful online nutrient transportation successful India,” Baron Capital wrote successful a abstracted filing. It added: “We judge India’s nutrient transportation manufacture is inactive successful its infancy and volition proceed to standard implicit the adjacent respective years acknowledgment to a increasing mediate class, rising disposable income, higher smartphone penetration, and structural shifts successful user preferences driven by a tech-savvy, younger population. The manufacture has besides go a duopoly betwixt Swiggy and Zomato, which bodes good for the aboriginal profitability and standard of the company.” Swiggy reported past twelvemonth that it had pared its expenses and its nutrient transportation concern had turned profitable. The startup plans to record for an IPO aboriginal this year. Shares of Zomato, Swiggy’s main rival, person surged successful the past six months arsenic the Gurugaon-headquartered steadfast improves its finances. Zomato had a marketplace headdress of astir $17 billion. https://ift.tt/xtBkn82