Zepto secures $665million funding
In our Fifty-Fourth D2C Insider edition, explore how Zepto secures $665million funding, Brand Architecture & D2C Shift and more!
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What you’ll see:
Zepto Secures $665 Million Funding
Mumbai's quick commerce company, Zepto, secured $665 million in a Series F funding round, boosting their valuation to $3.6 billion. This investment underscores Zepto's major role and indicates renewed investor confidence in the quick commerce industry.
Here’s what you need to know:
The round, the largest in India's quick commerce for 2024, was led by existing investors like StepStone Group, Nexus Venture Partners, and Glade Brook Capital, and new ones like Avenir Growth, Lightspeed Venture Partners, and Avra.
The funding stirs competition in the quick commerce market, pushing giants like Flipkart and JioMart to adapt.
Zepto's funding is set to drive expansion and technological upgrades to compete with rivals.
Zepto's potential IPO could be a significant step for the company and the quick commerce sector.
Structuring Your Brand Offerings for Growth
The D2C landscape is brimming with exciting opportunities, but navigating the path to success requires careful planning, particularly when it comes to structuring your product offerings.
Synchrony Financial and Atlanticus Holdings
Financial services provider Synchrony (SYF) has expanded its partnership with Atlanticus Holdings Corporation (ATLC), enhancing its ability to offer "second look" financing solutions.
This means:
Benefits All Around:
This collaboration brings advantages to multiple parties:
Merchants: Can boost sales by offering financing options to more customers through Synchrony and Atlanticus' wider reach.
Consumers: Those who declined traditional financing can secure it through a "second look" option, enabling desired purchases.
Synchrony & Atlanticus: The partnership enlarges its customer base and fortifies its consumer financing market standing, potentially raising revenue and market share.
Innovist
Founded in 2018, Innovist is an Indian personal care company specializing in science-based formulations and transparency.
The USP
Innovist positions itself as a brand offering effective, science-backed personal care products with ingredient transparency, appealing to consumers seeking authenticity and scientifically proven solutions.
The Entrepreneur's Double-Edged Sword: Freedom and Responsibility
Jyoti Bhardwaj, founder of ‘teafit’ shares her insight into entrepreneurship. Inspired by her post,
☢️ Food contamination cases: E-tailers turn more watchful, prepare to delist errant manufacturers
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