Monday
August 19
2024

Zepto Raises $340 Million in Funding

By Abhinaya Prabhu

The quick commerce delivery market in India is rapidly evolving, shaped by technological advancements and increasing consumer demand for speed and convenience. The sector is highly competitive, with companies such as Swiggy and Tata-backed BigBasket competing to deliver groceries and essentials as quickly as possible. Among these players, Zepto has emerged as a prominent name, specialising in ultra-fast delivery with a promise to get orders to customers within 10 minutes.

Photo courtesy of Hello Lightbulb.

Source: Tech Funding News (link opens in a new window)

Tags
e-commerce, gig economy, innovation, startups, venture capital