Beginners News

Challenging the Giants: How ONDC Could Impact Zomato and Amazon

The digital commerce landscape in India is experiencing a seismic shift with the advent of the Open Network for Digital Commerce (ONDC). This government-backed initiative, launched in 2021 under the Department for Promotion of Industry and Internal Trade (DPIIT), is poised to reshape the industry. But what does it mean for established players like Zomato and Amazon? Let’s explore. Understanding ONDC ONDC functions as a network of interconnected e-marketplaces, allowing sellers, including brands, to list and sell their products directly to consumers. This initiative aims to reduce commissions charged by major platforms like Swiggy and Zomato, enabling businesses to price their offerings more competitively. The Impact on Zomato Zomato, a prominent player in the food delivery space, could potentially face challenges from ONDC. The platform’s lower commission rates and direct-to-consumer model could disrupt Zomato’s business model. However, analysts suggest that Zomato’s scale and customer base may provide it with a competitive edge. Despite its scale, Zomato and its competitor Swiggy are struggling to turn profits. Therefore, it remains uncertain if ONDC’s open protocol and resource pooling can offset the benefits of scale enjoyed by incumbents. The Impact on Amazon While ONDC’s impact on Amazon may not be as direct as on Zomato, the e-commerce giant could still face challenges. ONDC’s lower commission rates and direct-to-consumer model could disrupt Amazon’s dominance in the e-commerce space. However, Amazon’s vast product range, efficient delivery network, and customer service may help it withstand the competition from ONDC. The Road Ahead While ONDC presents a significant challenge to Zomato and Amazon, these established players possess their own strengths. Zomato’s scale and customer base, and Amazon’s vast product range and efficient delivery network, are not easy to replicate. Moreover, ONDC is still in its early stages, and it will take time for it to become a viable alternative to these established platforms. In conclusion, while ONDC is a major development in India’s digital commerce landscape, it’s premature to predict whether it will “kill” Zomato and Amazon. These established players have weathered many challenges in the past and have unique strengths that set them apart. It will be intriguing to observe how this competition unfolds in the years to come. FAQs: 1. What is ONDC? ONDC stands for Open Network for Digital Commerce. It is a government-backed initiative that aims to create a network of interconnected e-marketplaces, allowing sellers to list and sell their products directly to consumers. 2. How does ONDC impact Zomato and Amazon? ONDC’s lower commission rates and direct-to-consumer model pose a challenge to Zomato and Amazon by potentially disrupting their business models and market dominance. 3. Can Zomato and Amazon withstand the competition from ONDC? Zomato and Amazon have their own strengths, including scale, customer base, and efficient delivery networks, which may help them withstand the competition from ONDC. However, they will need to adapt and innovate to remain competitive in the evolving landscape.

Impact of the GST Hike on Delta Corp Ltd.

The Goods and Services Tax (GST) hike on casinos from 18% to 28% by the GST Council has sent ripples through the gaming and hospitality sector, particularly affecting Delta Corp Ltd., a prominent player in this industry. The Announcement of the GST Hike The unexpected announcement of the GST hike during the 50th GST conference came as a shock to many in the industry. This decision by the GST Council had an immediate and significant impact on the gaming industry, with Delta Corp Ltd. being one of the most affected companies. The Immediate Impact on Delta Corp Ltd. Delta Corp Ltd. experienced a sharp decline in its share prices right after the announcement, with a staggering 23% drop. The GST hike hit the company hard, affecting its market value and investor confidence. The Change in GST Calculations Before the GST hike, Delta Corp Ltd. paid 28% GST on its gross gaming revenue (GGR), effectively costing the company 21.875% on its GGR. However, post-hike, the company is required to pay 28% GST on the sale of chips. This change in the GST calculation has increased costs for Delta Corp Ltd. The Long-Term Impact on Delta Corp Ltd. While the immediate impact of the GST hike has been felt, the long-term consequences are yet to be fully realized. Analysts predict that the hike will reduce Delta Corp’s earnings per share (EPS) by 10-12% for FY24. Additionally, the increased GST may make online gaming and casinos more expensive for customers, potentially reducing demand for these services. Delta Corp Ltd.’s Response to the GST Hike In response to the GST hike, Delta Corp Ltd. has been exploring various strategies to mitigate the impact. The company has been offering promotional chips to customers to offset the increased GST costs, ensuring that customers receive full value. Conclusion The GST hike has posed significant challenges for Delta Corp Ltd., impacting its financial performance and market position. However, the company remains resilient and is actively addressing the challenges posed by the GST hike. As the gaming and hospitality sector navigates through these changes, Delta Corp Ltd. will continue to adapt and innovate to maintain its position in the industry. FAQs: Q: How has the GST hike affected Delta Corp Ltd.? A: The GST hike has led to a decline in Delta Corp’s share prices and increased costs for the company due to higher GST rates on casino services. Q: What is Delta Corp Ltd.’s response to the GST hike? A: Delta Corp Ltd. is offering promotional chips to customers to offset the increased GST costs and ensure customer satisfaction. Q: What is the long-term impact of the GST hike on Delta Corp Ltd.? A: Analysts predict that the GST hike will reduce Delta Corp’s earnings per share (EPS) and may also reduce demand for its services due to increased costs for customers.

Google Vs Indian Startups: A Battle Against Google’s Billing Policy

In the digital arena, a significant battle is unfolding: Google versus Indian start-ups. At the heart of the conflict lies Google’s billing policy. Let’s delve into the details of this ongoing war. The Genesis of the Conflict The conflict began when Google announced a new billing policy, requiring all app-based digital goods and services to use Google’s billing system. This means that Google would take a 30% cut from transactions, a move that didn’t sit well with Indian startups. The Stand of Indian Startups Indian startups argue that Google’s policy is unfair and monopolistic. They believe that the 30% commission is excessive and could hinder the growth of India’s burgeoning digital economy. Many startups feel that this policy could create an uneven playing field, favoring Google over the startups. Google’s Perspective Google maintains that the new policy ensures a safer user experience. They argue that their billing system provides robust security measures, protecting users from fraudulent transactions. Google also points out that the 30% commission is a standard industry practice. The Impact on Indian Startups The new policy could have a significant impact on Indian startups. The 30% commission could eat into their revenues, affecting their profitability. Moreover, the policy could limit their flexibility to choose a payment system that best suits their needs. The Way Forward In response to Google’s policy, several Indian startups are considering launching an alternative app store. This move could challenge Google’s dominance in the market and provide a platform for Indian apps to thrive. Conclusion The conflict between Google and Indian startups over Google’s billing policy highlights the growing assertiveness of Indian startups. While Google’s policy may be standard in the industry, the resistance from Indian startups indicates their willingness to challenge norms they see as unfair. This conflict is a crucial development in the digital world, and its outcome could shape the future of India’s digital economy. It underscores the need for a balanced approach that safeguards the interests of both tech giants and startups. —  FAQs What is Google’s billing policy? Google’s billing policy requires all app-based digital goods and services to use Google’s billing system, with Google taking a 30% commission from transactions. Why are Indian startups opposed to Google’s billing policy? Indian startups argue that Google’s policy is unfair and monopolistic, with the 30% commission being excessive and potentially hindering the growth of India’s digital economy. What is Google’s perspective on the billing policy? Google maintains that the new policy ensures a safer user experience by providing robust security measures. They also argue that the 30% commission is a standard industry practice. How could the billing policy impact Indian startups? The 30% commission could eat into the revenues of Indian startups, affecting their profitability. Additionally, the policy could limit their flexibility in choosing a payment system.

 India’s Largest Media Entity: Is Now the Right Time to Invest?

The Indian media industry is known for its vibrant and dynamic nature, attracting investors worldwide. The largest media entity in this industry, with its extensive reach and diverse portfolio, is currently in the spotlight. But is it a good time to buy into this media giant? Let’s take a closer look.  A Glimpse into the Indian Media Landscape India’s media landscape encompasses traditional mediums like print and television, alongside the burgeoning digital platforms. The largest media entity in India has successfully established a significant presence across all these platforms, providing a comprehensive media solution to its audience.  Financial Health Check When considering an investment, the financial performance of a company is crucial. This media giant has consistently delivered robust financial results, demonstrating its ability to navigate the complex media landscape successfully. Its revenues have been on a steady upward trajectory, and it boasts a healthy profit margin, making it an attractive proposition for investors.  Dominance in the Market The media entity enjoys a dominant position in the market, thanks to its extensive reach and diverse portfolio. It has a strong brand presence, giving it a competitive edge over its peers. This leadership position further enhances its attractiveness as an investment option.  Future Growth Prospects The future prospects of the company look promising. With the ongoing digital revolution in India, the consumption of digital content is on the rise. The media entity is well-positioned to capitalize on this trend, given its strong digital platform.  Potential Risks However, like any investment, buying into this media entity also comes with its share of risks. The media industry is highly competitive, and the company faces stiff competition from other players. Additionally, regulatory changes and technological disruptions pose potential risks that investors need to consider.  The Final Verdict Taking into account the financial performance, market position, and future growth prospects, it seems like a good time to invest in India’s largest media entity. However, investors should also weigh the potential risks involved and make an informed decision. Investing in the stock market involves risks, and it’s essential to do thorough research and possibly seek advice from financial advisors before making any investment decisions. Remember, every investment decision should be based on one’s risk tolerance, investment horizon, and financial goals. FAQs 1. How does the media giant compare to its competitors in terms of financial performance?    The media giant has consistently delivered robust financial results and enjoys a dominant position in the market. 2. What are the key factors driving the growth of the media entity?    Its extensive reach, diverse portfolio, and strong digital platform contribute to its growth prospects. 3. What are the potential risks associated with investing in the media industry?    Competition, regulatory changes, and technological disruptions are some of the risks investors need to consider. 4. How should investors approach investing in the stock market?    Investors should conduct thorough research, consider their risk tolerance, and seek advice from financial advisors before making any investment decisions.

Misbu by Tata Trent Ltd.: Redefining Fashion Affordably

 Introducing Misbu: Tata’s Fresh Face in Fashion The retail sector is a cornerstone of India’s economy, contributing a substantial 10% to the GDP. Among the myriad players in the market, Tata Group has been a prominent name since the 1980s. Today, let’s explore one of Tata’s lesser-known brands – Misbu from Tata Trent Ltd.  Meet Misbu: Affordable Fashion for the Trendy Misbu, a brand under Tata Enterprises’ Trent Ltd. subsidiary, emerged in 1998 as a new addition to the family of popular brands like Westside and Zudio. What sets Misbu apart is its range of beauty products, essentials, and accessories that cater to a distinctive style. According to Misbu’s official website, their fashion items and home decor aim to help customers create their own unique style, aligning perfectly with the trends embraced by Gen Z. With Misbu, consumers can explore their preferred fashion style with chic items at remarkably affordable prices.  Misbu Stores and Product Line Misbu stores are located in tier 1 cities like Pune, Mumbai, Gurugram, Bangalore, and Ahmedabad, with a recent addition in Gurugram marking its entry into North India. Offering handbags, makeup, beauty products, accessories, and even dried flowers, Misbu caters to all the essentials for fashion-conscious consumers.  The Retail Landscape As of 2023, the retail sector employed around 35 million people, with expectations of adding another 25 million jobs by 2030. Over the years, the retail sector has attracted significant foreign direct investment, with the food and grocery segment holding the largest share of the market.  FAQs 1. What makes Misbu different from other Tata brands?    Misbu focuses on affordable fashion and offers a range of beauty products and accessories, catering to a distinctive style. 2. Where are Misbu stores located?    Misbu stores can be found in major cities like Pune, Mumbai, Gurugram, Bangalore, and Ahmedabad. 3. What products does Misbu offer?    Misbu offers a wide range of products, including handbags, makeup, beauty products, accessories, and home decor items. 4. How does Misbu contribute to the fashion industry in India?    Misbu is making fashion accessible and affordable to a wide range of consumers, particularly in tier 1 cities, contributing to the growth of the fashion industry in India. 5. What is the future outlook for Misbu?    With its diverse product line and strategic presence in key cities, Misbu is poised to become a popular choice among fashion-conscious consumers, especially the younger demographic.  Conclusion Misbu, the latest venture from Tata Group, is carving its niche in the fashion industry with its unique and budget-friendly offerings. With its presence in major cities and a diverse product range, Misbu is well-positioned to capture the attention of the fashion-forward Gen Z. As the retail sector continues to expand, brands like Misbu are expected to play a significant role in shaping the future of fashion in India.

The Power of Wealthtech: Revolutionizing Modern Investing

The finance world has undergone a digital revolution, and at the forefront of this transformation is wealthtech. This innovative approach to wealth management is redefining the investing landscape, offering modern investors a powerful tool to navigate the complexities of finance.  What is Wealthtech? Wealthtech, short for wealth technology, is a subset of fintech that focuses on enhancing wealth management and financial planning through technology. It harnesses advanced technologies like artificial intelligence (AI), machine learning (ML), and big data analytics to deliver personalized financial insights, real-time market data, and tailored investment strategies.  The Rise of Wealthtech The emergence of AI, ML, and big data has paved the way for wealthtech’s rise, especially in the last decade. It represents a paradigm shift in how money is managed, bringing the efficiency of supercomputers to personal finance. Through automation and data analysis, wealthtech platforms optimize investment decisions and future planning.  Wealthtech in India In India, the wealthtech market is experiencing rapid growth, with projections indicating a threefold increase to $63 billion by FY25. Factors contributing to this growth include the adoption of digital platforms by investors from tier-2 and tier-3 cities, as well as the rise of tech-savvy investors with increasing disposable incomes.  The Impact of Wealthtech on Modern Investors Wealthtech platforms have revolutionized the investor experience by offering personalized investment strategies, automated portfolio management, and AI-driven financial advice. This fusion of human expertise and technological innovation empowers investors with unprecedented financial insights and control over their portfolios.  The Future of Wealthtech The future of wealthtech is promising, driven by the growing demand for digital wealth management solutions and the evolution of AI and ML technologies. As investors become more tech-savvy and comfortable with digital platforms, the demand for wealthtech solutions is expected to soar. Additionally, advancements in AI and ML will further enhance the sophistication and effectiveness of wealthtech platforms.  FAQs 1. What is wealthtech?    Wealthtech, short for wealth technology, is a subset of fintech that leverages technology to enhance wealth management and financial planning. 2. How is wealthtech transforming the finance industry?    Wealthtech platforms utilize AI, ML, and big data analytics to deliver personalized financial insights, automate portfolio management, and offer tailored investment strategies. 3. Why is wealthtech gaining traction in India?    Factors such as the adoption of digital platforms by investors in tier-2 and tier-3 cities and the rise of tech-savvy investors with increasing disposable incomes contribute to the rapid growth of wealthtech in India. 4. What impact does wealthtech have on modern investors?    Wealthtech empowers investors with personalized investment strategies, automated portfolio management, and AI-driven financial advice, leading to greater financial empowerment and control. 5. What is the future outlook for wealthtech?    The future of wealthtech looks promising, with growing demand for digital wealth management solutions and advancements in AI and ML technologies expected to drive further innovation and growth in the industry.  Conclusion Wealthtech is the secret weapon for modern investors, offering them innovative tools and insights to navigate the complexities of finance. As technology continues to evolve, wealthtech will play an increasingly vital role in shaping the future of wealth management, providing investors with unparalleled opportunities for financial growth and success.

Navigating the Waters: Challenges and Opportunities in the Indian Food Industry

The Indian food industry faces a sea of challenges, from food safety scandals to aggressive marketing tactics. However, amidst these challenges lie opportunities for reform and growth. Let’s explore the current landscape of the Indian food industry and the ongoing debate over its practices. Food Industry Dynamics in India The Indian food industry, valued at $307.2 billion, is a crucial component of the country’s economy. However, recent controversies regarding food safety and misleading advertisements have brought its practices under scrutiny, both domestically and internationally. Key Concerns and Companies Prominent spice makers like Everest and MDH have come under fire for alleged lapses in quality control, with regulators discovering elevated levels of ethylene oxide in their products. Additionally, issues with mislabeling and sugar content in popular products like Bournvita and Cerelac have raised questions about consumer health and transparency in the industry. From Marketing Wars to Regulatory Challenges The industry’s aggressive marketing strategies, particularly in the FMCG sector, have drawn criticism for misleading consumers about the nutritional value and health benefits of certain products. Moreover, lax enforcement of regulations and potential conflicts of interest within regulatory bodies like FSSAI have further complicated matters. Embracing Reform for a Healthier Future Despite these challenges, the current climate presents an opportunity for the Indian food industry to enact meaningful reforms. Strengthening food safety standards, improving labeling transparency, and holding companies accountable for their marketing practices are essential steps toward restoring consumer trust and ensuring long-term sustainability. FAQs 1. What are the main challenges facing the Indian food industry today? The industry faces challenges related to food safety, misleading marketing, and regulatory oversight. 2. Which companies have been implicated in recent food safety scandals? Everest, MDH, and Nestlé are among the companies that have faced allegations of quality control issues and misleading marketing practices. 3. How can consumers protect themselves from unsafe food products? Consumers should look for FSSAI certification on packaged foods, read labels carefully, and stay informed about food safety alerts. 4. What reforms are needed to address these challenges? Stricter enforcement of food safety regulations, increased transparency in labeling and marketing, and greater accountability from regulatory bodies are essential. 5. How can the Indian food industry ensure a healthier future for consumers? By prioritizing consumer health and safety over profits, adopting responsible marketing practices, and fostering a culture of transparency and accountability. Conclusion The Indian food industry stands at a crossroads, facing significant challenges but also ripe with opportunities for positive change. By addressing the issues of food safety, marketing transparency, and regulatory oversight, the industry can navigate these turbulent waters and emerge stronger, ensuring a healthier future for consumers.

Swiggy’s IPO: A Taste of Investment Potential

The buzz around Swiggy’s upcoming Initial Public Offering (IPO) has caught the attention of investors and industry watchers alike. But with the IPO on the horizon, the question arises – should you take the leap and invest in Swiggy? Let’s dive into the details and see if it’s a bet worth considering. Swiggy’s Journey to IPO Swiggy, one of India’s leading food delivery platforms, is gearing up for an IPO after receiving approval from its shareholders. The company aims to raise around $1.2 billion through a mix of fresh issue and offer-for-sale (OFS) components. The IPO is expected to open for subscription later this year. Financial Performance In FY23, Swiggy reported impressive revenue growth, reaching Rs 8,265 crore. However, the company also widened its net loss to Rs 4,179 crore. Despite this, Swiggy’s Gross Merchandise Value (GMV) for the same period was reported to be $2.6 billion. The Pros and Cons Before deciding whether to invest, let’s weigh the pros and cons: Pros: Market Leadership: Swiggy holds a strong position in India’s food delivery market. Its dominance could translate into sustained growth and market share. Diversification: Swiggy has diversified into quick-commerce through Swiggy Instamart. This expansion into new segments could drive future growth. Cons: Losses: Despite revenue growth, Swiggy continues to report losses. This raises concerns about its profitability and long-term sustainability. Competition: The food delivery space in India is fiercely competitive, with rivals like Zomato and Amazon also vying for dominance. To Bet or Not to Bet? Investing in Swiggy’s IPO is a decision that hinges on your investment goals and risk tolerance. Consider factors like Swiggy’s financial health, competitive landscape, and growth potential before making a decision. Consulting with a financial advisor can provide valuable insights tailored to your specific situation. In conclusion, Swiggy’s IPO is a significant milestone in India’s startup landscape. While it presents opportunities, it also comes with risks. Make sure to conduct thorough research and weigh the pros and cons carefully before deciding whether to bet on Swiggy’s IPO. FAQs 1. What is Swiggy’s IPO? Swiggy’s IPO (Initial Public Offering) is when the company offers its shares to the public for the first time, allowing investors to buy ownership stakes in the company. 2. How much does Swiggy plan to raise through its IPO? Swiggy plans to raise up to ₹3,750 crore (around $450 million) through a fresh issue and ₹6,664 crore (around $800 million) as an offer-for-sale (OFS) component. 3. What was Swiggy’s financial performance in FY23? Swiggy’s revenue grew over 45% to Rs 8,265 crore, but its net loss widened to Rs 4,179 crore in FY23. 4. What are some pros of investing in Swiggy’s IPO? Pros include Swiggy’s market leadership in the food delivery sector and its diversification into quick commerce with Swiggy Instamart 5. What are some cons of investing in Swiggy’s IPO? Cons include Swiggy’s reported net losses in FY23 and the competitive nature of the food delivery market in India.

 The Division of Ultimate Godrej: A Family’s Journey

Picture this: a 127-year-old legacy, built on trust, innovation, and family values. That is the Godrej Group for you. But now, the family is embarking on a new chapter as they initiate a formal division process. Let us dive into this journey of transformation and what it means for one of India’s most iconic business families. Getting to Know the Division It is like a family tree reshuffling its branches. The Godrej family members are gracefully stepping down from each other’s company boards and divesting their stakes. On one side, you have Adi Godrej and his brother Nadir, and on the other, Jamshid Godrej and his sister Smita Godrej Crishna What is the Story Behind It? Think of it as a family reunion where everyone decides it is time to spread their wings individually. The Godrej family is taking an initiative-taking step to maintain harmony and streamline operations within the group. It is about ensuring a smooth transition for the next generation and preserving the values that built this legacy. What is in Store for the Future? The Godrej Group, with its diverse businesses ranging from engineering solutions to consumer products, is at the brink of a new era. Negotiations are in full swing to finalize the division of assets worth Rs 1.76 lakh crore. FAQs About the Godrej Division 1. Why is the Godrej family dividing its businesses?    The division is a strategic move to maintain harmony within the family and streamline operations for future growth. 2. How will the division impact the Godrej Group’s businesses?    While there may be some structural changes, the aim is to ensure the sustainability and growth of the group eventually. 3. What will happen to the companies under the Godrej Group?    The companies will continue to operate but with separate ownership structures based on the division terms. 4. How does this division affect the Godrej family’s involvement in the businesses?    Family members will step down from each other’s company boards and divest their stakes, allowing for greater autonomy in decision-making. 5. What’s the timeline for the completion of the division process?    The division process is in the advanced stages of negotiations, with details expected to be finalized soon. Conclusion: A New Chapter Begins As the Godrej family embarks on this journey of division, they are not just reorganizing their businesses; they are preserving a legacy and setting the stage for future growth. It is a testament to their commitment to adapt, innovate, and continue their legacy for generations to come.

Unveiling Zepto: India’s First Unicorn of 2023

In the fast-paced world of start-ups, achieving unicorn status is like hitting a home run. And in 2023, India saw its first unicorn of the year emerge – Zepto! But what’s the buzz behind Zepto’s meteoric rise, and what can we learn from its journey in the Indian start-up scene? Let’s dive in together! Meet Zepto Zepto is not your average grocery delivery service. It’s more like your genie for instant grocery needs! Founded by Aadit Palicha and Kaivalya Vohra, Zepto has shaken up the quick-commerce sector in India. The Journey to Unicorn Status Imagine this: in August 2023, Zepto raised a whopping $200 million in a Series E funding round. This sent its valuation soaring to $1.4 billion – making it the first Indian startup to hit unicorn status that year! And guess what? StepStone Group led this funding round, making its debut direct investment in India. How’s Zepto Doing Financially? Zepto’s financial performance in FY23 was like a rollercoaster ride – but in a good way! Their revenue skyrocketed over 14 times to Rs 2,024 crore, compared to Rs 142.4 crore the year before. However, they also posted a loss of Rs 1,272 crore in FY23, which was over three times wider than the previous year. The Secret Sauce Behind Zepto’s Success What’s Zepto’s secret recipe for success? It’s simple – a unique business model and killer execution! Zepto processes a mind-boggling 300,000+ orders every single day across seven Indian cities. How? With the help of their network of “dark stores” strategically located in popular neighborhoods. And here’s the kicker – most of these stores are fully EBIDTA positive! What’s Next for Zepto? Despite the challenges faced by many instant delivery startups, Zepto is not just surviving, it’s thriving! They’ve slashed their burn rate and are aiming to be IPO-ready in 12 to 15 months with a company-wide EBIDTA-positive metric. Zepto’s annualized revenue sales have already crossed $700 million, and they’re eyeing $1 billion in annualized sales very soon. FAQs 1. What exactly is Zepto?    Zepto is an instant grocery delivery startup that’s shaking up the quick-commerce scene in India. 2. How did Zepto become a unicorn?    Zepto became a unicorn in 2023 after raising $200 million in a Series E funding round, which valued the company at $1.4 billion. 3. What cities does Zepto operate in?    Zepto currently operates in seven Indian cities, processing over 300,000 orders every day. 4. What are “dark stores”?    Dark stores are mini-warehouses strategically located in popular neighborhoods to facilitate quick deliveries. 5. Is Zepto profitable?    While Zepto’s revenue has seen a massive jump, they posted a loss of Rs 1,272 crore in FY23, though they aim to be EBIDTA-positive soon. In Conclusion Zepto’s journey to becoming India’s first unicorn in 2023 shows us that with a solid business model and relentless execution, anything is possible in the dynamic world of startups. As Zepto continues to grow and innovate, we can’t wait to see what the future holds for this groundbreaking company!