Synopsis
The soonicorn startup is harping on profitability. It is said to be looking for fresh funds while drawing up a roadmap for public listing. In the crowded quick-commerce segment Zepto remains the joker in the pack. It needs to defend the turf, find new backers and prove its revenue model in one stroke.
Zepto is at a crossroads. The instant delivery sensation, which made the most of the 2021 funding boom, is dealing with a different reality now. The large funding rounds in Indian startups have become few and far between. The bearish cycle that kicked in early 2022 looks long and hard each passing quarter. The cash-guzzling quick-commerce where capital is a key determinant has become the most vulnerable business in the funding winter. On top of
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