Zepto delivery service

[Delfina Ziemann]

I bet most of the members living in India would have heard about Zepto.
Zepto's uniqueness is that it delivers from it's own network of cloud shops known as micro-warehouses.
Whereas Dunzo, etc delivers from various shops which are not their own retail storage facilities.
Zepto advertises 10 minutes delivery and according to their official website, they have a median delivery time of 8 minutes and 47 seconds.
Nowadays, I see more of Zepto's micro-warehouses popping up all around the major cities and in some towns across India.
So, Zepto is in an aggressive expansion mode now. Zepto has raised so far, a total funding of $361M. Zepto incurred a total loss of Indian Rupees Rs.390.4 crore in financial year 2022.
Considering that Blinkit (similar to Zepto), has majorly shut down services in areas where it cannot deliver groceries in under 10 minutes, do we think that Zepto will really disrupt the grocery delivery space and eventually make profits or is it going to be yet another startup that will indefinitely bleed investor's money and finally shutdown ?

 

[Gayle Thiel]

thank you so much

 

[Zora Rice]

It will take lot of years to become profitable. But future is good. Till then if they keep getting funding, they will be alive.

 

[Sibyl Kling]

They are always making profits, they are just very good at hiding it.
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