The merger of Mumbai-based Kiranakart Technologies, the company behind the fast commerce platform Zepto, with its Singapore-based affiliate, Kiranakart Pte Ltd, has been accepted by the National Company Law Tribunal (NCLT). Zepto becomes an Indian firm after the NCLT order, and there is no resistance to the two companies'
The parent firm of Zepto, a leading player in fast commerce, KiranaKart Technologies, has agreed to purchase solutions from the listed fintech SaaS business Zaggle. According to an exchange filing, Zaggle will give Zepto access to its employee benefits platform, Zaggle Save, and spending management tool, "Zaggle Zoyer Petty
Zomato has increased competition in the rapidly changing quick food delivery market by subtly launching a 15-minute meal delivery service. Currently accessible through the Zomato app, the new functionality puts the business in a competitive position against rivals such as Swiggy's Bolt, Magicpin, and Zepto. Although the service
According to a media outlet, Zepto, a quick commerce platform, is expected to submit its initial public offering (IPO) draft papers in March or April of this year. The delivery company has already obtained the necessary authorisations to relocate its headquarters from Singapore to India. The business stated that the
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The digital demand for smart applications is exploding like it was never before. To satisfy our daily food needs, we all buy groceries. You only need an app on your Android phone to have
According to various media reports, Zepto, the unicorn of rapid commerce, has established Zepto Marketplace Private Limited as a new company to streamline its business practices before going public later this year. Currently, the business uses a business-to-business (B2B) form of operation. Under a licensing arrangement for consumer-facing sales, its
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In today’s fast-paced world, Time has become one of the most valuable and fleeting resources. With the fast-paced lifestyle, people prefer everything quick and easy. Few entrepreneurs have managed to capture this essence of modern consumer needs and come up with extraordinary solutions to modern problems. One such entrepreneur
Amazon promises to provide daily necessities in 15 minutes or less as it makes a daring entry into India's expanding rapid commerce business. Later this month, the test programme will launch in Bengaluru, bringing competition to a market already dominated by Swiggy Instamart, Zepto, and Blinkit. Samir Kumar,
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Kaivalya Vohra, India's youngest billionaire, and co-founder of Zepto, has made a remarkable name for himself in business at a very young age. Known for revolutionizing the quick-commerce industry, his story stands as an example of how the drive to bring a change can transform the way people
The All India Consumer Products Distributors Federation (AICPDF) reports that over 2 lakh local "kirana" (general) stores have closed in the last 12 months as customers increasingly use fast delivery services like Blinkit and Zepto. According to various reports, the AICPDF blames these closures on the fast commerce
A report from a media house stated that Zepto, an Indian startup known for its 10-minute grocery delivery service, has reportedly acquired a deal to transform Total Mall in Sarjapur into its Bengaluru office space. Zepto's sector peers, Swiggy and Flipkart, as well as giant corporations like Walmart,
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India is becoming the world's fastest-growing startup ecosystem with 117 Unicorn Startups, as of March 2024. In today's world, unicorn startups are not as uncommon as before; however, building a unicorn startup is not easy. It takes a lot of hard work, commitment, and perseverance throughout