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KIRANAKART TECHNOLOGIES
Zepto’s Mumbai facility resumes operationsA fortnight ago, the FDA had revoked the facility’s food license following an investigation in which they found fungal growth on food artic...
Maharashtra FDA finds hygiene lapses at Zepto facility in Dharavi, suspends food licenceAccording to a report, the quick commerce platform was found to have violated multiple hygiene regulations at its storage facilities in Dha...
IPO-bound Meesho to change Indian parent entity’s name from Fashnear TechnologiesMeesho’s board has approved renaming its Indian entity, Fashnear Technologies Pvt Ltd, to Meesho Pvt Ltd, aligning corporate and brand iden...
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 ...
Zepto revenue doubles; Decoding Mobikwik IPO frenzyZepto’s financials are out for fiscal 2024. This and more in today’s ETtech Top 5.
How Zepto is poaching workers from Instamart, Blinkit, other rival firms to win the quick commerce warZepto, India's quick-comm unicorn co-founded by 21-year-old Kaivalya Vohra, is aggressively expanding its market share by offering massive ...
Government to quick commerce: throw more light on dark store ownership structuresThe government has shot off queries to senior ecommerce executives to understand the ownership structures of quick commerce firms and their...
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...