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Quick commerce platforms Zepto, Swiggy Instamart and Flipkart Minutes have removed their 10-minute delivery branding following government intervention and gig worker protests, amid growing concerns over rider safety, labour rights and aggressive delivery timelines
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Blinkit has removed its 10-minute delivery claim following concerns over gig worker safety. The move comes after Labour Ministry discussions with quick-commerce platforms, even as the company maintains that faster deliveries do not pressure riders or encourage unsafe driving.
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New Year’s Eve celebrations across India may be disrupted as thousands of gig workers associated with major delivery and e-commerce platforms plan a nationwide strike on Wednesday. Unions warn of delays and cancellations amid demands for fair pay and labour protections.
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GHMC food safety officials inspected 27 retail and delivery establishments in Hyderabad after receiving complaints about poor hygiene. Violations were found, including lack of medical fitness certificates and unhygienic practices. Notices were issued, and inspections will continue further
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In a LinkedIn post, Palicha said the spam campaign includes “calling our investors to make wild allegations about us with no empirical evidence, giving out false numbers/Excel sheets on Zepto through sources known to journalists, and paying bots on social media to spread a negative narrative”
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The Bengaluru-based company, known for its 10-minute delivery policy, has partnered with carmaker Skoda to bring car delivery to its platform
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Zepto raises $665 million at $3.6-billion valuation — one of the largest funding bagged by a company in recent times
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Blinkit's Closest Rival Valuation to Reach $3.5 Billion
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Zomato-owned Blinkit and Swiggy Instamart, both competitors of Zepto, do not charge a fee on grocery orders, but collect a platform fee from food delivery orders.
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After securing the fourth position last year in the annual ranking of emerging companies in India, Zepto attained unicorn status in August, marking India's first unicorn of the year.
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Bringing in more than 13 years of valuable product expertise from notable firms like Flipkart and Delhivery, Agarwal took on the role at Zepto in August 2022.
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The Mumbai-headquartered quick commerce company plans to go public by 2025, founders Aadit Palicha and Kaivalya Vohra said.
The company said it aims to become EBIDTA-positive in 12-15 months.
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Mumbai: Ten-minute delivery platform Zepto on Tuesday said it has raised $200 million, taking its valuation to around $900 million. Just nine months after launching, Zepto posted a record 800 per cent revenue growth in the last quarter. “We maintained a phenomenal 88-point NPS (net promoter score) and 60 per cent ‘month-1 buyer retention’ at […]
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Mumbai: Just five months after launching, 10-minute grocery delivery app Zepto on Tuesday announced it has raised $100 million led by Y Combinator, taking its valuation to $570 million. Besides the fundraise, Zepto has been growing incredibly quickly and is tripling its user-base every month. Over the past two months, Zepto has expanded beyond Mumbai […]
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Septo said that with its network of ‘cloud stores' or micro-warehouses, it is able to consistently deliver in 10 minutes through a combination of technical and operational excellence.
