Entreprenuernewsnetwork

Zepto’s Meteoric Rise: Revolutionizing Quick Commerce in India

In just three years, Zepto has become the poster child of India’s burgeoning quick commerce industry. The startup’s staggering $1.3 billion fundraising spree in 2024, accounting for 10% of all funding raised in the year, has solidified its position as a force to be reckoned with. Not only did Zepto outpace established players like Swiggy … Read more

Swiggy raises $700M investment led by Invesco reach at a valuation of $10.7B

Swiggy, the foodtech unicorn, has secured $700 million from Invesco, six months after raising $1.25 billion. Swiggy is now worth $10.7 billion, up from $5.5 billion previously. This investment comes at a time when food and online grocery are becoming more popular, and consumer demand for Swiggy’s services is increasing. While the food delivery business … Read more