Zepto delivery

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Mumbai: Zepto, an instant grocery delivery startup founded by two teenagers, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India's red-hot quick commerce segment. The startup's newest funding comes 45 days after a previous capital raise of $60 million at $225 million valuation, Aadit Palicha, co-founder and chief executive officer, said in an interview. Besides Y Combinator's Continuity Fund, the latest round also received investments from new and existing backers like Glade Brook Capital Partners, Nexus Venture Partners, Breyer Capital and Silicon Valley investor Lachy Groom, the startup said in a statement. Zepto, named after a minuscule unit of time, was started by Palicha and his childhood friend Kaivalya Vohra, both 19, who quit the coveted computer science program at Stanford University to return to India and get started in quick commerce. The startup, which promises to deliver grocery and daily essentials in 10 minutes, started in Mumbai earlier this year and has since expanded to Bangalore, Delhi and four other cities. Online grocery delivery is taking off in India, a $1 trillion retail market where grocery purchases account for the bulk of the retail spending. Zepto is competing against startups like SoftBank Group Corp.-backed Blinkit, Google-backed Dunzo and Naspers Ltd.-backed Swiggy, as well as the likes of Amazon.com Inc. and Walmart Inc.-backed Flipkart. Zepto i...

Zepto, an instant grocery delivery startup founded by two teenagers, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India’s red-hot quick commerce segment. The startup’s newest funding comes 45 days after a previous capital raise of $60 million at $225 million valuation, Aadit Palicha, co-founder and chief executive officer, said in an interview. Besides Y Combinator’s Continuity Fund, the latest round also received investments from new and existing backers like Glade Brook Capital Partners, Nexus Venture Partners, Breyer Capital and Silicon Valley investor Lachy Groom, the startup said in a statement.

Aadit Palicha is the CEO of the online grocery delivery service, Zepto. The company's valuation was 900 million dollars in 2022 (Rs 7420 crore by current dollar value). The company started in 2021 amid the coronavirus pandemic. Within a year of its inception, Palicha and his co-founder Kaivalya Vohra raised millions of dollars, scripting one of the greatest growth stories of corporate India. Both of them became millionaires within months of launching the company. Aadit Palicha was born in 2001 in Mumbai. He began his career as an entrepreneur when he was just 17. He first founded a company called GoPool which didn't take off. He went to the United States to study computer science from one of the best universities in the world, Stanford University. However, he dropped the course mid-way to become a businessman. "We couldn't find a strong product-market fit with KiranaKart, so Kaivalya and I shut down operations and started Zepto," he wrote on LinkedIn. Aadit and Kaivalya Vohra founded Zepto in April 2021. Within one month of operation, their valuation zoomed to 200 million dollars. The central idea behind the company was to provide groceries within 10-16 minutes. The idea was a runaway hit. In 2021 alone, they delivered 10 lakh orders. Within 5 months of launch, the company's valuation reached 570 million dollars. Last year, their valuation reached 900 million dollars. "Was supposed to get a Bachelor's Degree in Computer Science, but I decided to build Zepto instead," he qu...

new-article 111662052923972 https://lifestyle.livemint.com story https://lifestyle.livemint.com News /news/big-story/how-zepto-co-founders-are-disrupting-grocery-delivery-111662052923972.html https://images.livemint.com/img/2022/09/01/68x68/Zepto_co_founders_1662053519621_1662053562183_1662053562183.jpg Business Lounge How Zepto co-founders are disrupting grocery delivery Aadit Palicha and Kaivalya Vohra, the 19-year-old co-founders of the quick commerce delivery startup, discuss success and creating a team that’s older than them /news/big-story/how-zepto-co-founders-are-disrupting-grocery-delivery-111662052923972.html 111662052923972 story House-hunting can be a tedious process, especially if you are a bachelor. Kaivalya Vohra, co-founder and chief technology officer (CTO) of Zepto, considers himself incredibly lucky to have found one within two days of arriving in Bengaluru last November. What helped was the landlord’s familiarity with the quick commerce e-grocery delivery company, Vohra guesses. Also Read: Zepto, which promises to deliver groceries in under 10 minutes, was set up just over a year ago by Vohra and Aadit Palicha, classmates and friends who grew up in Dubai. Both are just 19. The company, which started operations from Mumbai in April 2021, has witnessed meteoric growth. Today, it has a presence in 10 cities in the form of dark stores or micro warehouses—Mumbai, Pune, Bengaluru, Delhi, Noida, Gurugram, Ghaziabad, Chennai, Hyderabad and Kolkata. Their 1,300-...

Zepto is your next-door quick commerce app, delivering groceries, personal care, electronics & much more to you in just 10 minutes. Solving for all your daily & monthly grocery needs with more than 5000 products to choose from. We are currently serviceable in Mumbai, Pune, Delhi, Noida, Gurugram, Ghaziabad, Kolkata, Hyderabad, Chennai & Bengaluru. If we don’t serve you yet, sit tight as we are hustling hard to come to you soon.. Serving you right is of utmost importance to us. We want to make sure you get what you need with No Deliworries! Gone are the days when you had to pay a delivery fee. At Zepto, you get FREE delivery on all orders above Rs. 149. What’s in store for you? Spoiling you for choice is something we aim for. On Zepto, you can find over 5000 products across categories like Fresh Fruits & Vegetables, Atta, Rice, Oil, Dals, Masalas, Dry Fruits, Sweet Cravings, Frozen Food, Packaged Food, Dairy, Bread, Butter, Eggs, Beverages, Munchies, Sauces, Tea, Coffee, Biscuits, Gourmet Picks, Bath & Body Care, Home Needs, Electricals, Cleaning Essentials, Personal Care, Baby Care, Heath Care & Paan Corner. Shop from your favorite household brands like Surf, Red Label, Ashirwaad, Kwality Walls and more or the latest products from home-grown brands like The Whole Truth, Sleepy Owl, Plush, Paperboat & many more. Discover new categories While old is gold, new is always a good option! Not just groceries, we now also deliver your favourite beauty & cosmetic products from b...

Zepto Marketing Strategy – Everything About the 10-Minutes Grocery Delivery App In the present era of technical advancement, every sector is evolving and going through a renaissance. Therefore, how can the delivery sector lag? The delivery sector is going through a lot of changes every day. Different delivery apps and startups are bringing in other methods. In this blog today, we will discuss the marketing strategy of Zepto – one of the most prominent grocery delivery apps of the present time. The best part of Zepto marketing strategy is the 10-minute guarantee delivery. As a result, you can get groceries delivered to your doorstep that you previously purchased from the local general store. What is Zepto? What Types of Companies Comes Under the Zepto Marketing Strategy? Zepto offers service only through the official application. At present, it has more than 80 dark stores throughout the country. These stores are primarily in tier one cities like Mumbai, Delhi, Chennai, and more. Zepto is a pan-India company that started its operations in April 2021. However, it was founded in September 2020. The primary reason Zepto has a successful business model in India is that Zepto marketing strategy includes producing 2500+ goods within 10 minutes. As a result, it was impossible for any top delivery or e-commerce sites. Whether it is the marketing strategy of Zepto or any other marketing strategy, there are a lot of crucial factors. The idea is one of the most important ones of them....

Solutions • End-to-end software to launch your hyperlocal delivery service • Fully customizable software for home services business • Manage deliveries efficiently through third-party and in-house fleets • Create an online medical consultation platform • Eliminate aggregators and deliver direct-to-consumer • Endless customization for a unique front-end experience • Minimize costs through efficient monitoring of your delivery fleet • Automate your last-mile dispatches & deliver without hassle • Automate your engagements and marketing activities through an omnichannel approach • Optimize your delivery route efficiently • Zepto, which has been operating in stealth mode for the past six months, has announced a $60 million early-stage financing to extend 10-minute grocery delivery across the country. Aadit Palicha and Kaivalya Vohra, both 19, left Stanford University to create The startup, with the meaning of the word ‘zepto’ as “a factor of 10⁻²¹, i.e. 0.000000000000000000001”, provides a 10-minute grocery delivery service, outpacing several highly supported competitors in terms of speed. How is Zepto different? Through a network of dark stores and micro warehouses, Zepto offers groceries delivery in 10 minutes (on up to 90% of orders). Aadit claims that their median delivery time is 8 minutes and 47 seconds, in order to give a smooth delivery experience. The Mumbai-based firm uses a Dark Store Model A dark store is a store that isn’t open to the public for in-store shopping. ...

Zepto is your next-door quick commerce app, delivering groceries, personal care, electronics & much more to you in just 10 minutes. Solving for all your daily & monthly grocery needs with more than 5000 products to choose from. We are currently serviceable in Mumbai, Pune, Delhi, Noida, Gurugram, Ghaziabad, Kolkata, Hyderabad, Chennai & Bengaluru. If we don’t serve you yet, sit tight as we are hustling hard to come to you soon.. Serving you right is of utmost importance to us. We want to make sure you get what you need with No Deliworries! Gone are the days when you had to pay a delivery fee. At Zepto, you get FREE delivery on all orders above Rs. 149. What’s in store for you? Spoiling you for choice is something we aim for. On Zepto, you can find over 5000 products across categories like Fresh Fruits & Vegetables, Atta, Rice, Oil, Dals, Masalas, Dry Fruits, Sweet Cravings, Frozen Food, Packaged Food, Dairy, Bread, Butter, Eggs, Beverages, Munchies, Sauces, Tea, Coffee, Biscuits, Gourmet Picks, Bath & Body Care, Home Needs, Electricals, Cleaning Essentials, Personal Care, Baby Care, Heath Care & Paan Corner. Shop from your favorite household brands like Surf, Red Label, Ashirwaad, Kwality Walls and more or the latest products from home-grown brands like The Whole Truth, Sleepy Owl, Plush, Paperboat & many more. Discover new categories While old is gold, new is always a good option! Not just groceries, we now also deliver your favourite beauty & cosmetic products from b...

Zepto, an instant grocery delivery startup founded by two teenagers, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India’s red-hot quick commerce segment. The startup’s newest funding comes 45 days after a previous capital raise of $60 million at $225 million valuation, Aadit Palicha, co-founder and chief executive officer, said in an interview. Besides Y Combinator’s Continuity Fund, the latest round also received investments from new and existing backers like Glade Brook Capital Partners, Nexus Venture Partners, Breyer Capital and Silicon Valley investor Lachy Groom, the startup said in a statement.