Quick commerce platform Zepto lost INR 390.3 Cr on a standalone basis in its first year of operations in fiscal year 2021-22. (FY22).
The total revenue of the Nexus Venture Partners-backed startup in FY22 was INR 142.3 Cr. In FY22, Zepto, which began operations in April 2021, incurred total expenses of INR 532.7 Cr. In FY22, Zepto spent INR 175.5 Cr on advertising and promotional expenses, accounting for nearly 33% of total expenses. Zepto’s most recent valuation of $900 million is 48 times its total revenue in FY22. In FY22, Zepto spent INR 3.7 to earn a single rupee.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.
Quick commerce platform Zepto lost INR 390.3 Cr on a standalone basis in its first year of operations in fiscal year 2021-22. (FY22).
The total revenue of the Nexus Venture Partners-backed startup in FY22 was INR 142.3 Cr. In FY22, Zepto, which began operations in April 2021, incurred total expenses of INR 532.7 Cr. In FY22, Zepto spent INR 175.5 Cr on advertising and promotional expenses, accounting for nearly 33% of total expenses. Zepto’s most recent valuation of $900 million is 48 times its total revenue in FY22. In FY22, Zepto spent INR 3.7 to earn a single rupee.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.
