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February 5, 2025

Zepto world's second most downloaded app in food and drink category

Zepto world's second most downloaded app in food and drink category

Zepto, the Indian quick-commerce startup, has climbed global ranks, securing the second spot in worldwide downloads in the Food & Drink category, according to data from data.ai.
The company saw 30 million downloads in 2023, outpacing competitors like Uber Eats and DoorDash, with Swiggy taking the top spot.

Zepto's rapid rise reflects India's booming quick-commerce sector, with its 10-minute delivery model driving engagement. The platform has also surpassed Zomato in global app downloads, solidifying its position as a major player in the food and grocery delivery space.
With fresh funding and aggressive expansion plans, Zepto is gearing up to capture more market share in 2024, further intensifying competition in India's fast-growing delivery ecosystem.

Read the Entire Story HERE

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February 5, 2025

Zepto world's second most downloaded app in food and drink category

Zepto world's second most downloaded app in food and drink category

Zepto, the Indian quick-commerce startup, has climbed global ranks, securing the second spot in worldwide downloads in the Food & Drink category, according to data from data.ai.
The company saw 30 million downloads in 2023, outpacing competitors like Uber Eats and DoorDash, with Swiggy taking the top spot.

Zepto's rapid rise reflects India's booming quick-commerce sector, with its 10-minute delivery model driving engagement. The platform has also surpassed Zomato in global app downloads, solidifying its position as a major player in the food and grocery delivery space.
With fresh funding and aggressive expansion plans, Zepto is gearing up to capture more market share in 2024, further intensifying competition in India's fast-growing delivery ecosystem.

Read the Entire Story HERE

< Back to newsroom

Get the latest from Liquidity Group

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

you may also like

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Dragon Fund, by Liquidity and MUFG leads global insurtech bolttech Series C funding to drive continued expansion

Dragon Fund, by Liquidity and MUFG, announced their lead role in bolttech’s Series C funding round alongside investors Baillie Gifford, Generali – through Lion River, the Group’s company dedicated to Private Equity, and others, which is expected to total more than US$100 million.
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Liquidity Group Purchases ‘Liquidity.com’ Domain for 7 Figure Amount to Conclude Milestone Year

Following a record year of over $1 Billion dollars in capital committed to clients, AI-enabled Liquidity Group, the global $2.75B AUM asset manager specializing in growth-stage private credit, today announced the purchase of the “Liquidity.com” domain for a 7 figure amount. The acquisition accompanies an active year of investing globally for the firm with both private credit deals and for the first time, 5 late-stage equity investments across 26 different countries ranging from $5M at the lower end to $130M at the higher end.
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Private Debt Investor highlights the gradual adoption of AI in private credit, where most firms are only beginning to explore its potential, typically in portfolio management and reporting. Liquidity Group stands out by utilizing AI to analyze tech companies’ financials, allowing it to make fast, data-driven lending decisions with high accuracy. While many private credit firms lack advanced technology, Liquidity’s approach enables rapid underwriting and a zero percent loss ratio for investors. The article also discusses broader industry challenges, such as data limitations, and anticipates AI’s growing role in transforming investment processes and portfolio diversification in private credit.
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