Tag: Zepto

Platform fees now an ‘industry standard,’ an ‘inevitable’ development

Platform fees now an ‘industry standard,’ an ‘inevitable’ development

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Image used for representation purpose only. | Photo Credit: PTI What started off as a small experiment — a ₹2 “platform fee” on Swiggy in 2023 — has now grown into an industry standard across e-commerce and quick commerce platforms alike. The fee is no longer ₹2 either: Swiggy now charges ₹10 as a platform […]

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Motilal Oswal, Raamdeo Agrawal buy 0 million Zepto shares; another 0 million round planned

Motilal Oswal, Raamdeo Agrawal buy $100 million Zepto shares; another $250 million round planned

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Currently, Indian ownership in Zepto stands at just over 42%. File | Photo Credit: Reuters Motilal Oswal Financial Services co-founders Motilal Oswal and Raamdeo Agrawal have purchased Zepto shares worth $50 million (about ₹424 crore) each in a secondary transaction, while an additional $250 million round is in the pipeline, according to people familiar with […]

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