Tag: ZOMATO
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Zepto Establishes New Entity for IPO Readiness and Operational Efficiency
Zepto has established Zepto Marketplace Private Limited to streamline operations ahead of its IPO, aiming for a launch in late 2025. The company has seen a 120 percent revenue increase, reaching Rs 4,454 crore, placing it second in the quick commerce market. Founded in 2021, Zepto achieved unicorn status in 2023 with a $1.4 billion…
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10-Minute Food Delivery Services Surge in India as Competition Intensifies
Major food delivery apps in India, including Zomato and Swiggy, are launching 10-minute delivery services to meet the demand of impatient consumers. Zomato’s Blinkit and Zepto rely on in-house kitchens, while Swiggy partners with established restaurants. The market for online food deliveries is expected to grow significantly, though concerns regarding food quality in such rapid…