Core Insights - Zepto has raised $400 million in a funding round led by CalPERS, with participation from existing investors, and plans to go public next year [1] - The startup has experienced significant growth, increasing daily orders from 500,000 to 1.7 million over five quarters [5] - The quick commerce market in India is projected to grow substantially, with estimates reaching $42 billion by 2030 and $100 billion in a decade [8] Funding and Investment - The recent funding round is a mix of primary and secondary investments, indicating strong investor confidence [1] - Zepto has raised a total of $1.3 billion in funding over several months last year, showcasing its aggressive growth strategy [2] Competitive Landscape - Zepto competes with other quick commerce players like BlinkIt, Swiggy Instamart, and Tata-owned BigBasket, all of which are part of publicly listed companies [2] - The company also faces competition from established e-commerce giants like Flipkart and Amazon, which have launched their own quick commerce services [3] Market Trends - The quick commerce market in India is showing positive signs, with a shift towards rapid delivery services for groceries and other products [8] - Startups are exploring verticalized e-commerce offerings, with various players focusing on specific niches such as food delivery and apparel [4] Operational Performance - Zepto's CEO highlighted the company's ability to turn dark stores profitable while acquiring over 10 million new monthly transacting users [6] - Despite challenges, Zepto Cafe has a run rate of over $110 million and is experiencing rapid growth, although operations were paused in 44 cities due to staffing issues [7]