Zepto to raise $300 million from domestic investors investors
New Delhi: Quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, The Economic Times reported, citing sources.
'Got scammed': Delhi man claims he ordered 1 gm gold coin from Blinkit, gets 0.5 gm instead
New Delhi/IBNS: Mohit Jain, a resident of Delhi, claimed that Blinkit, one of the leading Indian quick-commerce platforms, delivered a 0.5-gram gold coin instead of the one-gram coin he had ordered.
Bengaluru/IBNS: Quick commerce startup Zepto is reportedly in discussions to raise $100-150 million from Motilal Oswal, Indian family offices, and high net worth individuals (HNIs), Moneycontrol reported, citing its sources.
Swiggy upsizes IPO to Rs 5,000 cr amid growing competition with Zomato: Report
Mumbai: Food tech giant Swiggy has received shareholder approval to increase the size of its primary issue for its upcoming IPO from Rs 3,750 crore to Rs 5,000 crore, media reports said.
Quick commerce start-up Zepto raises $340 million at $5 billion valuation
Bengaluru/IBNS: Indian quick commerce start-up Zepto has raised $340 million in a follow-on financing round led by General Catalyst, with Dragon Fund and Epiq Capital joining as new investors.
These states may permit home delivery of liquor through online platforms like Swiggy, Zomato: Report
New Delhi: States such as New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala are exploring pilot projects to allow home delivery of liquor through online platforms like Swiggy, BigBasket, Zomato, and its Blinkit quick-commerce arm, according to an Economic Times report.
Zepto raises $665 million in funding, company value goes up to $3.6 billion
Quick-commerce company Zepto on Friday announced it has secured $665 million in a funding round, which has doubled its valuation to $3.6 billion, media reported.
Blinkit's revenue jumps 207% to Rs 724 cr in FY23, loss widens to Rs 1,190 cr
Mumbai: Blinkit reported a substantial surge in revenue from operations, marking a 207 percent increase to Rs 724 crore. This follows its transition to quick commerce in December 2021 and subsequent acquisition by Zomato.
Zomato likely to call board meeting to approve Blinkit buyout: Report
Mumbai: Food aggregator platform Zomato may call a board meeting on June 17 to approve the buyout of quick commerce company Blinkit, formerly known as Grofers, media reports said.