Zepto GOV Jumps 3x to $3 Billion in 8 Months, Says CEO (Communities - News & Events)
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Item ID 3077187 in Category: Communities - News & Events
Zepto GOV Jumps 3x to $3 Billion in 8 Months, Says CEO | |
Nonetheless, it is noteworthy that, according to Moneycontrol, Motilal Oswal’s wealth team oversaw the mandate for Zepto’s most recent fundraising campaign. In addition, Raamdeo Agrawal, the chairman and co-founder of Motilal Oswal, personally owns shares in Zepto and Swiggy. In Q2 of FY25, Blinkit recorded a GOV of Rs 6,132 crore, which is equivalent to an annualized GOV of about Rs 24,528 crore. Despite having a bigger market share than Zepto, the Gurugram-based company’s earnings are just slightly higher at Rs 24,500 crore. Instamart, meanwhile, claimed a GOV of Rs 3,382 crore for the same time frame. Thus, its GOV would be estimated at Rs 13,528 crore on an annual basis, and its market share would not be far behind. In the run-up to its anticipated initial public offering (IPO) later this year, Zepto has been aggressively raising money lately. In anticipation, the business recently established Zepto Marketplace Private Limited to streamline its operations. Additionally, the National Company Law Tribunal (NCLT) approved Kiranakart Pte. Ltd as Zepto’s holding company. Visit sites-- https://voiceofentrepreneur.life/  | |
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| Target State: Uttar Pradesh Target City : Lucknow Last Update : 22 January 2025 10:33 AM Number of Views: 8 | Item Owner : Voiceofentrepreneur Contact Email: Contact Phone: 9315895421 |
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2025-01-23 (0.383 sec)