Hey guys, Welcome to FactsMinister. Today, we will tell you what Zepto is? Why did it back out of zomato’s offer?
What is Zepto?
A grocery delivery app for fresh fruits and vegetables is all that Zomato needed to grow beyond its starting point. But Zomato was not enough for Zepeto, which recently turned down an offer from one of India’s most valued start-ups. So what makes Zepto so different from other apps? What are some features that set it apart from its competitors? And what will it take for Zepto to succeed in a highly competitive market?
However, only those who’ve visited the site know that the grocery delivery app is so much more. So, what exactly is Zepto? On their website, Zepto defines itself as the future of grocery delivery and the only high-tech end-to-end grocery delivery platform in India that you can use anytime and anywhere, which sounds pretty exciting if you ask me! But what does it mean? And why did it reject Zomato’s acquisition offer? These questions and more will be answered in detail below.
To know more about the app, check the official website below:
Why did Zepto reject Zomato’s offer?
Zepto grocery delivery is a promising sector. Many entrepreneurs want to make it a prominent developer of a supermarket delivery application that delivers groceries to your door. Customers can purchase goods quickly and hassle-free at the company’s store, which offers a wide choice of everyday essentials. Similarly, Zomato, too, wants to get a piece of it with its ‘food-tech’ business strategy. But again, not all ideas that seem good on paperwork are well in reality. The benchmark is that Zepto enters the competition after two months and receives a 99.8% positive response. Zomato and Swiggy can’t simply imitate their system. As a result, they decided to purchase it, but the founders declined it. Also, Zomato had a similar problem, and it’s good for them to back out of zepto because zepto was struggling with operations. As such, there was not much scope for growth, and thus, Zomato couldn’t find it prudent to invest any further into zepto at present, which might have adversely affected their IPO plans.
Zepto’s competitive advantage
ZEPM (Zero Energy Perishable Management) is an end-to-end technology platform that helps food businesses to improve their operations. ZEPM combines a centralized database of hyperlocal intelligence with an intelligent warehouse management system. This combination allows us to deliver supply chain efficiencies simply unmatched in today’s industry. Every major e-commerce player and the tech giant has failed to dominate grocery delivery in India. Now it is Zepto’s turn to answer some critical questions – does a young team backed by a small but mighty venture capital fund have what it takes? Can they deliver logistics efficiency never before seen in Asia? And if so, can they beat more prominent players at their own game? The solution depends on their functioning in the future.
Hi there! I’m Akash. I was born and raised in Bengaluru, India. I am a freelance content writer and a blogger. I am currently a student studying at a prestigious law school in India. I am an avid reader and writer.