Zepto

Shares of Indian food delivery company Zomato fell more than 14 percent to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors expired following the 2021 listing.

Instant grocery delivery startup Zepto has announced Rs 10 lakh compensation to the family of its delivery partner who was killed in a hit-and-run incident in a south Delhi locality.

Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.

Zepto co-founder and CEO Aadit Palicha stated that this is a snack delivery (not food delivery) service, and his company has no plan of foraying in food delivery that includes full-fledged meals.

Zepto, an instant grocery delivery startup founded by two teens, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India's red-hot quick commerce segment.

The start-up is worth between $200 million and $300 million and backers include Y Combinator, Glade Brook Capital, as well as angel investors Lachy Groom and Neeraj Arora, according to the firm.

At 19, Aadit Palicha and Kaivalya Vohra already had plans to make it big in India. The long-time friends just weren't sure how, until they jumped on the global trend of instant grocery delivery.

With the insane variety of languages spoken by Indians, this is a look at what mobile developers are doing to stay in control.

Shares of Indian food delivery company Zomato fell more than 14 percent to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors expired following the 2021 listing.

Instant grocery delivery startup Zepto has announced Rs 10 lakh compensation to the family of its delivery partner who was killed in a hit-and-run incident in a south Delhi locality.

Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.

Zepto co-founder and CEO Aadit Palicha stated that this is a snack delivery (not food delivery) service, and his company has no plan of foraying in food delivery that includes full-fledged meals.

Zepto, an instant grocery delivery startup founded by two teens, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India's red-hot quick commerce segment.

The start-up is worth between $200 million and $300 million and backers include Y Combinator, Glade Brook Capital, as well as angel investors Lachy Groom and Neeraj Arora, according to the firm.

At 19, Aadit Palicha and Kaivalya Vohra already had plans to make it big in India. The long-time friends just weren't sure how, until they jumped on the global trend of instant grocery delivery.

With the insane variety of languages spoken by Indians, this is a look at what mobile developers are doing to stay in control.