CommerceTech - Teardown | Zepto
Teardown | ZeptoFounded in 2021, Zepto is an Indian instant grocery delivery service that raised $160M within 6 months of launch.SnapshotFounded in 2021, Mumbai-headquartered Zepto is an instant grocery delivery service. The company promises to deliver groceries in 10 minutes through a network of dark stores and micro warehouses. Rather than relying on discounts or offers to attract customers, Zepto focuses on getting customers through its speed, reliability, and efficiency. Business Overview & ProductsHow It WorksZepto’s leverages a network of micro-warehouses, known as dark stores, to fulfil orders in under 10 minutes. These dark stores or micro warehouses are spread across high-demand neighborhoods in the cities the company operates in. Business Model & PricingTractionFounder(s)Aadit Palicha Kaivalya Vohra History & Evolution
From archive.org Additional LearningsZepto’s name comes from a mathematical term, Zeptosecond, which is the smallest time unit ever measured. The company prides itself on creating a team of experienced individuals who previously worked at successful companies like Flipkart, Uber, Dream11, Pharmeasy, and Pepperfry. The founders believe that they were mainly able to bring these senior executives on board because it gave individuals a chance to move from Mumbai, back to their hometown Bangalore. Market Snapshot
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Teardown | Whatnot
Tuesday, June 7, 2022
Founded in 2019, Whatnot has raised over $220M to bring the livestreaming shopping phenomena from the East to the West
Teardown | Wholee – Direct-from-Manufacturer Marketplace
Tuesday, April 12, 2022
Founded in 2020, Wholee has received over 6m downloads globally for its app-based marketplace connecting consumers with manufacturers.
Teardown | Gorillas - Quick-Commerce Grocery Delivery
Sunday, April 10, 2022
Among the fastest growing German startups, Gorillas is aa quick-commerce grocery delivery service which has scaled to a $3.1B valuation in less than 2 years.
Teardown | CityMall
Tuesday, April 5, 2022
Founded in 2019, CityMall is a social eCommerce platform in India that has raised over $110 Million.
Cazoo - Online Car Retailer
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In under 3 years, Cazoo built a leading online car dealership that was valued at over $8 Billion at its peak
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