Zepto founders tap Edelweiss, others for Rs 1,500 crore structured debt to boost Indian ownershipZepto founders Aadit Palicha and Kaivalya Vohra are raising about Rs 1,500 crore through structured debt to boost Indian ownership ahead of...
Zepto founders’ debt; Rapido’s food delivery rideHappy Monday! Zepto founders are raising funds through structured debt ahead of the company’s IPO. This and more in today’s ETtech Morning ...
Until we can match Amazon or DoorDash, we haven’t won: Zepto CEO Aadit PalichaZepto CEO Aadit Palicha says the company is “not even close” to success, aiming to rival global giants like Amazon over the next 20–30 year...
Gensol, BluSmart unravel; IT hiring to slow downHappy Thursday! Gensol promoter Anmol Singh Jaggi and BharatPe cofounder Ashneer Grover have a history of investment dealings. This and mor...
Zepto drops Kiranakart tag in rebranding exerciseThe move comes when Zepto is planning to file its draft papers for an IPO by the end of April. The IPO size is estimated at between $800 mi...
Zepto completes reverse flip from Singapore to India ahead of IPOQuick commerce company Zepto has completed a reverse flip from Singapore to India to become an Indian parent's entity ahead of its proposed...
Trump sounds DeepSeek alarm; Zepto’s homecomingDeepSeek’s arrival is a warning for American companies, says US President Donald Trump. This and more in today’s ETtech Top 5.
Groww’s incoming IPO; Apple India’s export boomStock broking platform Groww is aiming for a public listing later in the year. This and more in today’s ETtech Top 5.
NCLT nod for Zepto parent’s merger with Singapore unitZepto’s domicile flip to India will formally complete within the next 30 days, a person aware of the matter said, adding that this was one ...
Zepto sets up new marketplace entity amid restructuringSetting up Zepto Marketplace Pvt Ltd is part of the restructuring of the quick commerce firm to align with India's regulatory norms. It sig...
Zepto FY24 report: revenue more than doubles to Rs 4,454 crore; net loss marginally downZepto's FY24 audited financials reveal 120% revenue growth to Rs 4,454 crore, with losses narrowing to -28% of revenue. The quick commerce ...
ET Startup Awards 2024 | Midas Touch: Golden exits net Arora Midas crownAfter lengthy discussions, the jury whittled it down to Nexus Venture Partners managing director Suvir Sujan and Elevation Capital co-manag...
ET Startup Awards 2024: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
PE inflows plunge 65% to USD 1.81 bn in July-SeptemberPrivate equity investments in India dropped by 65.4% to $1.81 billion in Q3 2023 compared to the same period last year. The number of deals...
Meet Kaivalya Vohra, the youngest Indian who made it to Hurun Rich List with net worth above Rs 1,000 CrVohra founded Zepto along with his teammate Aadit Palicha who has net worth above Rs 1,200. Vohra and Palicha decided to start their own bu...
IIMA, BITS Pilani grads launch $1 million fund to support student startupsgradCapital, a venture of IIMA grad Abhishek Sethi and BITS Pilani's Prateek Behera, plans to invest $25,000 in each of the 20 startups the...
How digital solutions helped India’s small merchants serve customers in lockdownIndia’s small merchants embraced the changing retail trends during the pandemic.