Zepto's Revenue Soars 150% to Rs 11,110 Crore as Investor Plans Additional Stake
Quick commerce startup Zepto has reported a 150% increase in revenue, reaching Rs 11,110 crore from Rs 4,455 crore the previous year. Existing investor Elcid Investments plans to invest up to Rs 7.5 crore more in Compulsorily Convertible Preference Shares at Rs 33.25 per share, potentially owning about 0.0146% of Zepto's fully diluted share capital. Elcid's current stake in Zepto is valued at Rs 18.2 crore.
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Zepto , a quick commerce startup, has demonstrated remarkable growth, with its revenue skyrocketing to Rs 11,110 crore, marking a substantial 150% increase from the previous year's Rs 4,455 crore. This impressive financial performance was revealed through regulatory filings by one of Zepto's existing investors, Elcid Investments.
Revenue Surge
Zepto's revenue jump from Rs 4,455 crore to Rs 11,110 crore underscores the rapid expansion and increasing market penetration of the quick commerce sector in India. This growth trajectory positions Zepto as a significant player in the competitive e-commerce landscape.
Investor Confidence
Elcid Investments, already holding a stake in Zepto, has expressed its continued confidence in the company's potential. The investor has outlined plans to further increase its investment in the quick commerce platform.
New Investment Details
| Item | Value |
|---|---|
| Proposed Investment | Up to Rs 7.5 crore |
| Investment Instrument | Compulsorily Convertible Preference Shares (CCPS) |
| Share Price | Rs 33.25 per share |
| Potential Ownership | Approximately 0.0146% of Zepto's share capital on a fully diluted basis |
Existing Investment
Elcid Investments' current stake in Zepto stands at Rs 18.2 crore as of March 2025, indicating the investor's ongoing commitment to the company's growth story.
Market Implications
The substantial revenue growth and continued investor interest suggest strong market demand for Zepto's quick commerce services. This performance could potentially influence the broader e-commerce and delivery sectors, possibly spurring further investments and innovations in the space.
As Zepto continues to expand its operations and attract investments, it will be interesting to observe how this growth impacts the competitive landscape of the quick commerce industry in India.
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