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quick commerce

A promotional banner for the "Kirana Pro" app, featuring grocery items like ghee, rice, chips, and sanitary products on a blue textured background. A mock-up of the app on a phone screen displays options for quick delivery within 10 minutes from nearby Kirana stores.

KiranaPro Secures Pre-Seed Funding to Transform India's Retail Supply Chain

By
Anurag Trivedi

KiranaPro, a quick commerce app focused on empowering local kirana stores, has raised an undisclosed pre-seed funding round with backing from Unpopular Ventures, Blume Founders Fund, Snow Leopard Ventures, and angel investors. This investment supports KiranaPro's mission to bring rapid, hyperlocal ten-minute delivery services to customers across India, helping small retailers compete with e-commerce giants. By establishing dedicated ONDC-powered counters in supermarkets, KiranaPro aims to boost customer experience and strengthen local business reach. The new funding will drive enhancements in technology, operational infrastructure, and expansion of their quick delivery network.

Zepto team members wearing branded purple shirts with the company logo pose together, showcasing a unified and vibrant team spirit. Adjacent to this, the Zepto logo is displayed on a smartphone screen against a backdrop of various grocery items, highlighting the company's focus on quick grocery delivery

Zepto Secures $665 Million in Funding, Boosting India's Quick Commerce Market

By
Akansha Panwar

India's quick commerce market is experiencing unprecedented growth, with Zepto at the forefront. The rapid delivery startup has raised $665 million, boosting its valuation to $3.6 billion. This significant funding round underscores the sector's potential and investor confidence, with approximately 40% of the latest investment coming from new investors like DST Global and Avenir Growth Capital. Founded just three years ago, Zepto has become a major competitor to established players like Zomato’s Blinkit, Swiggy Instamart, and Tata Digital’s BigBasket. Zepto’s latest funding round was co-led by existing backers such as Glade Brook Capital and Nexus Venture Partners. With these funds, Zepto plans to expand its dark store network from 350 to over 700 by March 2025, and increase its team size to over 2,000 employees. This expansion will enhance Zepto's presence in both metro and non-metro areas, positioning it well in the competitive quick commerce landscape.