Inside Reliance Group's AI-led future; Zepto bags …

Aug 30, 2024 · Inside Reliance Group's AI-led future; Zepto bags additional $340M India’s most valued corporation, Reliance Group, aims to double its size before the end of this decade with …

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Inside Reliance Group's AI-led Future; Zepto Bags …

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Aug 30, 2024 · Inside Reliance Group's AI-led future; Zepto bags additional $340M India’s most valued corporation, Reliance Group, aims to double its size before the end of this decade with …

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Zepto Raises $340M At A $5B Valuation As India’s Quick

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Aug 13, 2024 · Indian instant delivery startup Zepto has finalized a $340 million round that values it at $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to …

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Zepto Raises Additional $340M At $5B Valuation As Quick …

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Aug 30, 2024 · Quick commerce unicorn Zepto has raised $340 million in follow-on financing at a valuation of $5 billion amid growing competition and consumer traction in the sector. The …

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Indian Rapid Grocery Delivery Firm Zepto Bags $340m In …

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Aug 30, 2024 · Indian online grocery delivery app, Zepto, has secured $340 million in a follow-on financing round, placing the company at a $5 billion in valuation following its previous …

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Rapid Grocery Delivery Firm Zepto Bags $340m In Financing

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Sep 2, 2024 · Zepto had a 28% share of the Indian market as of January 2024, up from 15% in March 2022, according to HSBC. ... Rapid Grocery Delivery Firm Zepto Bags $340m in …

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Zepto Finalizes $340M Round, Boosting Valuation To $5B …

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Aug 14, 2024 · Indian instant delivery startup Zepto has secured $340 million in a new funding round, raising its valuation to $5 billion. This marks a significant increase from its valuation of …

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Zepto Adds $340 Million To Basket; Valuation At $5 Billion …

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Aug 29, 2024 · The round saw Lightspeed Venture Partners and Avra join Zepto’s cap table, beside existing investors StepStone Group, Nexus Venture Partners, Glade Brook Capital, …

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Zepto Gains $340M, Valuation Hits $5B In New Funding …

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Aug 30, 2024 · Zepto Gains $340M, enhancing its quick commerce leadership and setting new benchmarks for startups in India's evolving e-commerce landscape. Manisha Sharma 30 Aug …

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India's Zepto Raises $340 Mln At $5 Bln Valuation | Reuters

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Aug 29, 2024 · Zepto, which raised more than $1 billion in just two months, also saw existing investors such as StepStone, Lightspeed, DST, and Contrary increase their stakes.

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Zepto Bags $340 Mn, Boosting Valuation To $5 Bn

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Aug 30, 2024 · Zepto, a prominent player in the quick commerce sector, has raised $340 million in a follow-on financing round led by General Catalyst, with participation from new investors …

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Zepto Raises $340 Mn In Series G Funding, Valuation Shoots …

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Aug 14, 2024 · With the latest funding round, Zepto has managed to rake in $1 billion in just the past 50-60 days. This has skyrocketed its valuation from $1.6 billion in August 2023 to $5 …

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Zepto Raises $340 Million In Fresh Funding, Valuation

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Aug 30, 2024 · Indian grocery startup Zepto has secured $340 million in fresh funding just two months after its last round. This latest injection of capital, led by General Catalyst, has …

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Zepto Funding: Zepto About To Close Fresh $340 Million …

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Aug 14, 2024 · Zepto's new round comes weeks after Moneycontrol first reported on July 2 that the company has received interest for a $250 million cheque from General Catalyst as part of …

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Zepto Hits $5 Billion Valuation As It Closes $340M Round

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Aug 14, 2024 · Zepto, an Indian quick commerce start-up, has successfully secured $340 million in a Series G funding round. This latest investment has elevated the company's valuation to an …

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Starring Zepto, Mattel, Aldi, And Instacart: The Biggest Retail ...

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Sep 2, 2024 · 3. Indian rapid grocery delivery firm Zepto bags $340m in follow-on financing at $5bn valuation. Indian online grocery delivery app, Zepto, has secured $340 million in a follow …

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FAQs about Inside Reliance Group's AI-led future; Zepto bags … Coupon?

Why did zepto raise $340 million in follow-on financing?

Quick commerce unicorn Zepto has raised $340 million in follow-on financing at a valuation of $5 billion amid growing competition and consumer traction in the sector. The round comes just two months after the company raised $665 million at a valuation of $3.6 billion from Avenir, Lightspeed, and Avra, along with existing investors. Key takeaways: ...

How much money did zepto get from General Catalyst?

Big Billion Day: Zepto closes fresh $340 million round led by General Catalyst, surpassing $1 billion funding in two months. Zepto's new round comes weeks after Moneycontrol first reported on July 2 that the company has received interest for a $250 million cheque from General Catalyst as part of a larger round. ...

Is zepto launching a 10 minute delivery segment in India?

Zepto’s fundraise happens at a time quick commerce is hotting up in India. Flipkart announced its intention to foray into the 10-minute delivery segment. India’s largest e-grocer, BigBasket, recently announced that 10 minutes was default on its platform. And news reports have suggested Amazon too is planning its foray into the segment. ...

Will zepto build a cash chest in India?

The investor had also revealed plans to invest between $500 million and $1 billion in India over the coming years. For a company like Zepto, which has clocked $1.2 billion in gross merchandise value (GMV), building a cash chest is understandable as it is up against Zomato, Swiggy, Walmart, Reliance and the Tatas. ...

Why did zepto get a new deal with Neeraj Arora?

Aadit Palicha, Co-founder and CEO of Zepto explained the rationale behind this latest round of financing. He highlighted the opportunity to partner with Neeraj Arora from General Catalyst as a key driver for the deal, as well as the importance of bolstering the company’s balance sheet to support its rapid growth. ...

Are zepto's dark stores EBITDA positive?

As of July, about 75% of Zepto's dark stores were EBITDA positive due to improved efficiency and scale that have reduced the time for a dark store to achieve profitability from 23 months to six months. Done! ...