Whenever we talk about a big company or startup. So the thought comes to our mind that there must be an experienced and elderly person behind it. But the founders of Zepto have denied this and given a new example to the world. For your information, when the founder of Zepto started it, he had not even completed his college education. He is a college drop out. And his age at that time was only 19 years. The success story of Zepto testifies that age and education are not that important for any success. If your idea i.e. the idea of a startup has potential, then it will definitely become successful.
How Zepto was formed
In the year 2020, when people’s businesses were ruined due to Covid-19, then Kaivalya and Adit, looking at the problem of the people, started working on an idea. Which can deliver all types of goods from grocery to stationery to the people quickly. From here they started Zepto. He took this idea forward in the theme of “10 Minute Delivery Platform”. Which became a unicorn startup in just 2 years.
What is Zepto
Zepto is a grocery company where you can order any household item and get it delivered in 10 minutes and you get good discounts and you also get vegetables and cosmetics here
How Does Zepto’s Business Model Work?
Zepto’s business model is based on hyper local delivery service. In which mainly four steps are followed.
- Inventory: Zepto keeps a large stock of products ready in its dark stores in about 10 big cities of the country. In which all the goods needed by the people are already kept ready. Which includes fruits, vegetables, electronics and cosmetic products.
- Customers’ order: Any customer orders the goods he needs by searching through Zepto’s application.
- Order processing: When a customer orders through the application, the company forwards the order to the dark store nearest to the customer. Along with this, an alert is also sent to the delivery partner nearest to this inventory.
- Picking and packing: As soon as the order is received at the dark store, the employees keep the product ready according to the order. After the order is ready, the delivery partner picks it up and delivers it to the customer’s door.
- Due to accurate data and a large number of dark stores, it takes a maximum of 10 minutes from the time the customer places the order to the parcel reaching the customer’s door.
- Convenient for urban people
- Urban people pay a lot of attention to saving time due to their busy lifestyle. Zepto has also played an important role in this. In case of emergency, Zepto promises to deliver any type of goods in a few minutes. Which urban people find most convenient. Zepto’s fast delivery service attracts customers the most. Which is also the biggest reason for its success.
Where Did The Idea Come From?
Adit and Kaivalya had enrolled in Stanford University’s Computer Science Engineering program in 2020, but both of them left their studies midway to start their own startup. Let us tell you that during college days, after ordering grocery items, one had to wait for a day or two. Many times some items were not even available at the grocery store. From here, to solve this problem, both of them started Zepto App, which delivers grocery items to its customers in 10 minutes. On their app, people order cooking essentials, vegetables, fresh fruits, dairy, health and hygiene items. Right now their aim is to provide better services in India.
Zepto’s Recent Valuation Has Increased To $ 5 billion
Zepto recently raised funding $340 million in november 2024, after which its value has increased to $ 5 billion. The funding round was led by Motilal Oswal’s Private Wealth division. Celebrity investors like Sachin Tendulkar and Abhishek Bachchan also participated in the round. This is a big achievement and it shows that investors are investing heavily in Indian startups, especially the e-commerce sector. For information, this startup achieved a new milestone by delivering more than 1 million orders in just 1 year.
Conclusion
Zepto is India’s fastest growing e-grocery company which claims to deliver grocery items within 10 minutes! unemployed people are easily earning 25-30 thousand rupees a month by becoming Zepto delivery partners. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
