Zepto just made a massive move in the quick commerce space. What could this mean for its future? Find out what’s coming next!
Zepto raised $340 million, led by General Catalyst, boosting its valuation to $5 billion as it reshapes India’s e-commerce landscape.
After securing funding, Zepto is preparing for a public listing next year, aiming for a multi-billion-dollar valuation in the IPO.
Zepto plans to double its dark stores to 700 by March 2025, intensifying competition in India’s fast-growing quick commerce market.
Analysts warn that quick commerce growth may plateau in metro cities, pushing companies like Zepto to expand into non-metro areas.
The quick commerce boom is challenging traditional Kirana stores, with many seeing reduced footfall and sales due to competition.