Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). Photograph: Kind courtesy......

CRED's Kunal Shah Is Top Startup Founder-Investor

Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others. Illustration: Dominic Xavier/Rediff.com Kunal Shah, the......

Can Flipkart taste success in quick commerce space?

Eight years ago, Flipkart started a new service called Nearby to deliver fruit, vegetable, soap, and other everyday items from supermarkets to customers within an hour of receiving the order.......

Blinkit, Zepto ignite the quick commerce firestorm

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping......