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Tag: Quick commerce

Robotic Automations

Zepto raises another $350 million amid retail upheaval in India | TechCrunch


Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors ahead of a planned IPO next year. Indian family offices, wealthy individuals and asset manager Motilal Oswal invested in the round, which maintains Zepto’s $5 billion valuation. Motilal […]

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Software Development in Sri Lanka

Robotic Automations

Meesho claims Indian e-commerce first with positive cash flow | TechCrunch


Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge. The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of ₹232 crores ($27.6 […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Zepto eyes $100M from Indian offices in third funding in 6 months | TechCrunch


Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick-commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which delivers grocery items and office stationery to customers’ doorsteps in […]

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Software Development in Sri Lanka

Robotic Automations

Swiggy escalates India quick-commerce battle with 10-minute meals | TechCrunch


Swiggy, India’s leading food delivery startup, said Friday it has started to deliver meals in 10 minutes across parts of major cities, intensifying the quick-commerce race in the world’s second-largest internet market.  The Bengaluru-headquartered startup, which is targeting to go public in about a month, said it has partnered with more than 2,700 restaurants, including […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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