Wheelocity, an early-stage supply chain startup that handles fresh food supplies for quick commerce platforms in India, has raised $12 million in a new financing round as it gears up to broaden its product offerings and expand workforce. Lightspeed India Partners led the startup’s Series A funding, which is a mix of 80 percent equity […]
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The Mumbai-headquartered company’s 10-minute delivery promise has spurred rivals like Google-backed Dunzo, SoftBank Group Corp-backed Blinkit and Naspers, backed Swiggy.
Zepto, an instant grocery delivery startup founded by two teens, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India's red-hot quick commerce segment.