- Zepto raises $1 billion, projects 150% annual growth
- Quick commerce startup targets expansion beyond major cities
- Indian delivery market shows no signs of slowing down
Cash Splash and Dash
Zepto, the Indian quick commerce startup, has secured an impressive $1 billion in funding over the past 90 days.
This substantial war chest positions the company for aggressive expansion in the burgeoning Indian delivery market.
Speedy Projections
Co-founder Aadit Palicha unveiled ambitious growth projections during a recent investor call. With an annualized sales run rate surpassing $1.5 billion,
Zepto anticipates a staggering 150% growth in the coming year, potentially pushing sales beyond $3.5 billion.
Beyond City Limits
Challenging the notion that quick commerce is limited to major urban areas, Palicha emphasized significant opportunities in tier 2 and 3 cities.
This expansion strategy could further fuel Zepto’s rapid ascent in India’s $1.1 trillion unorganized retail market.
