6 Key Highlights Of Zepto 2024

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Funding

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Expansion Plans

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Revenue Streams

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Reaching Profitability

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FY23 Financials

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IPO In Making

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Zepto’s Turn In The Spotlight

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6 Key Highlights Of Zepto 2024

Funding

Zepto raised $665M at a $3.6B valuation. Now in talks to raise another $400M at a $4.6B valuation.

Expansion Plans

Zepto plans to double its dark stores to 700 by March 2025, up from the current 350.

Revenue Streams

Introduced fees and launched Zepto Pass membership at INR 99/month for select users.

Reaching Profitability

GMV surpassed $1B; 75% of stores are EBITDA positive. Profitability time reduced from 23 to 6 months.

FY23 Financials

FY23 revenue surged 14.3X to INR 2,024.3 Cr. Net loss grew 3.4X to INR 1,272.4 Cr. EBITDA positive by Q2 FY25.

IPO In Making

Zepto plans to shift its base to India and is eyeing a public listing in 2026.

Zepto’s Turn In The Spotlight