Why investors can't get enough of Zepto

<p><em>FROM THE ARCHIVES (This episode was first published July 1, 2024)</em></p><p>The Economic Times reported yesterday that Zepto, the quick-commerce startup, is in talks to increase the size of its initial public offering to $800 million-$1 billion. Zepto earlier planned to raise $450 million through the issue.  Even when it entered the quick commerce scene for the first time in 2021, Zepto was a disruptor. Now, it is the third largest company in the market after Blinkit and Swiggy Instamart. Last year, it secured its biggest funding ever at a US$3.6 billion valuation, mainly from its existing investors.</p><p><br /></p><p>Venture Intelligence, a data provider told The Ken that the US$660 million funding was the largest bet made by VCs in Indian startups in 2024. </p><p>What did Zepto do to get all this attention from investors?</p><p>Tune in.</p><p><strong>A</strong><strong><em>lso listen to:</em></strong><em></em></p><p><strong><em>Daybreak: </em></strong><a href="https://open.spotify.com/episode/4JSYoOxA0trlr2LUnNOCLz?si=3c3635f6fe2343e7"><em>Why we date, marry, or breakup with Swiggy Instamart, Blinkit, Zepto &amp; BigBasket</em></a><em><br /></em><br /></p>