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Zepto is in a Difficult Situation

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Zepto is in a Difficult Situation.

Their biggest investor YCombinator is pulling back, and it seems it needs to find new investors.

India’s quick commerce market is already insanely competitive, with the presence of players like Dunzo, which is backed by Reliance, Big Basket, which is backed by Tata Group, and then you have Blinkit and Instamart, which are backed by big players like Zomato and Swiggy.

In such a case, it seems the only way out for Zepto is going public, but for that, they have to become profitable first.

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Finance and Crypto
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