Zepto Cafe Launches Separate App Next Week
By Rediff Money Desk, New Delhi Dec 11, 2024 13:28
Zepto co-founder Aadit Palicha announces the launch of a separate app for Zepto Cafe, which is scaling rapidly with over 100 new cafes launched monthly.
New Delhi, Dec 11 (PTI) Zepto co-founder Aadit Palicha on Wednesday said the quick commerce platform's cafe offering, Zepto Cafe, will be launched as a separate app next week.
In a post on social networking platform LinkedIn, the young entrepreneur highlighted the rapid scaling of the cafe service which has motivated the separate offering.
"We're launching a separate app for Zepto Cafe next week! The team is shipping an MVP (minimum viable product) and iterating quickly, so it may not be perfect on Day 1, but it's worth it to launch fast :D
"Zepto Cafe is scaling rapidly; we're launching 100+ cafes a month and already clocking 30K+ orders/day," Palicha wrote on LinkedIn.
Zepto Cafe was launched in April 2022 as a division of Zepto, which itself was founded in July 2021 by Aadit Palicha and Kaivalya Vohra.
Last month, Zepto announced the expansion of its cafe service to major cities through more than 120 cafes at stores across Mumbai, Delhi and Bengaluru, and soon in Hyderabad, Chennai, and Pune.
"The response has been phenomenal, with Zepto Cafe now achieving an (estimated) Annual Run Rate (ARR) GMV of Rs 160 crore with just 15 per cent of our expanding dark store network with proven unit economics.
"As we expand into new cities and launch 100-plus new cafes every month, we are on track to achieve an ARR of Rs 1,000 crore by the next fiscal year," Palicha had said.
In a post on social networking platform LinkedIn, the young entrepreneur highlighted the rapid scaling of the cafe service which has motivated the separate offering.
"We're launching a separate app for Zepto Cafe next week! The team is shipping an MVP (minimum viable product) and iterating quickly, so it may not be perfect on Day 1, but it's worth it to launch fast :D
"Zepto Cafe is scaling rapidly; we're launching 100+ cafes a month and already clocking 30K+ orders/day," Palicha wrote on LinkedIn.
Zepto Cafe was launched in April 2022 as a division of Zepto, which itself was founded in July 2021 by Aadit Palicha and Kaivalya Vohra.
Last month, Zepto announced the expansion of its cafe service to major cities through more than 120 cafes at stores across Mumbai, Delhi and Bengaluru, and soon in Hyderabad, Chennai, and Pune.
"The response has been phenomenal, with Zepto Cafe now achieving an (estimated) Annual Run Rate (ARR) GMV of Rs 160 crore with just 15 per cent of our expanding dark store network with proven unit economics.
"As we expand into new cities and launch 100-plus new cafes every month, we are on track to achieve an ARR of Rs 1,000 crore by the next fiscal year," Palicha had said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- NHC Foods
- 1.55 ( -4.91)
- 98776771
- Vodafone Idea L
- 9.36 ( -5.93)
- 90807513
- AvanceTechnologies
- 0.75 ( -3.85)
- 21672607
- Srestha Finvest
- 0.68 ( -2.86)
- 18249352
- Zomato
- 214.65 ( -10.92)
- 17585878
MORE NEWS
Denta Water IPO Raises Rs 66 cr from Anchor...
Denta Water and Infra Solutions Ltd has raised Rs 66 crore from anchor investors ahead...
CCI Approves Sequent Scientific Merger,...
The Competition Commission of India (CCI) has cleared the merger of nine entities with...
EU-India FTA: German Chancellor Scholz Hopes...
German Chancellor Olaf Scholz expresses optimism about the success of free trade...