DPIIT Inks MoU With Zepto To Support Manufacturing Startups
Zepto will integrate upwards of 100 Indian startups into its supply chain, offering them a platform to showcase products, gain market access and expand their presence
Zepto will integrate upwards of 100 Indian startups into its supply chain, offering them a platform to showcase products, gain market access and expand their presence
The company intends to invest upto Rs 7.5 crore for subscribing to the compulsorily convertible preference shares (CCPS)
The reports say that the latest valuation is around 40 per cent higher than the USD five billion valuation that the company commanded during last year’s fundraising
The strategic collaboration marks Cantabil’s entry into quick commerce, starting in select urban markets
The company has scaled the category through direct sourcing, tech-led procurement, and it has marked a shift from transactional procurement to strategic partnerships with farmers.
In an official statement, Zepto notes that this revocation was issued by the Food Safety Commissioner, following a detailed re-inspection process and submission of a compliance report
The Food and Drug Administration (FDA) officials conducted an inspection at the Dharavi facility and found multiple breaches of food safety standards, the reports state
Through Truecaller’s customer experience solutions, this collaboration aims to elevate user engagement at every stage of the Zepto journey, from onboarding to doorstep delivery
Aadit Palicha states that the rival CFO has been giving out false numbers/Excel sheets on Zepto through sources known to journalists and calling its investors to make wild allegations
The report states that this is a temporary closure, and the company is likely to resume the services by September after addressing the logistical challenges