[HN Gopher] Zepto (YC W21), a grocery delivery app in India, rai...
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       Zepto (YC W21), a grocery delivery app in India, raises $60M
        
       Author : gofiggy
       Score  : 23 points
       Date   : 2021-11-02 18:09 UTC (4 hours ago)
        
 (HTM) web link (techcrunch.com)
 (TXT) w3m dump (techcrunch.com)
        
       | sharadov wrote:
       | "Dark stores", 10 min delivery in Indian cities, with bumper to
       | bumper traffic, and it takes an hr to drive 5 km in peak traffic.
       | Sounds like a whole lotta BS to me.
        
         | satya71 wrote:
         | Typically it's the main roads that have traffic jam.
         | Neighborhood roads are open, so the dark store has to be close
         | enough to the customers. It could be done, but would be
         | expensive.
        
       | [deleted]
        
       | roshansingh wrote:
       | How are they able to raise money with established players already
       | present in the market like Swiggy and several others?
        
         | saucymew wrote:
         | Never underestimate all the new money saying, "This will be
         | different."
        
         | ignoramous wrote:
         | Until such a time a HBS Case Study on Zepto is written, here's
         | a bunch of MBA speak which may answer this:
         | 
         | 1. There's always room for more companies than one may think.
         | Oft times, the markets are too huge for a single player to
         | dominate.
         | 
         | 2. Addressing an adjacent market is a great way to take on the
         | incumbents, who may or may not be able to match your unique
         | innovation. This has the dual advantage of upending existing
         | market and creating a bigger one, in tandem.
         | 
         | 3. VCs may bet on promising companies competing against bets
         | they missed out on. Besides FOMO, VCs also tend to value
         | growth. Demonstrate an appetite for that, and with the right
         | amount of luck and momentum, everything tends to fall in place.
         | 
         | ---
         | 
         | Regarding Zepto (aka _KiranaKart_ ), I have no inside
         | knowledge, but their key selling point is they've figured out a
         | way to deliver groceries in 10mins (!) with a sustainable
         | business model in the 6 months they've been stealthily
         | operating in Mumbai, the most dense, expensive, and biggest
         | metropolis in India. In short, they've demonstrated the ability
         | to create, deliver, and harness their innovation. Now it is all
         | about doing so in a repeatable (sales), scalable (markets),
         | valuable (moat), and predictable (revenue) manner.
        
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       (page generated 2021-11-02 23:01 UTC)