Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Zepto Pivots To Marketplace Model Ahead Of IPO
Zepto, the instant grocery delivery startup, has pivoted to a marketplace model ahead of its planned Initial Public Offering (IPO). The company, which initially operated on an inventory-based model, now plans to connect customers with multiple sellers through its platform, reducing overhead costs and improving efficiency. This shift is seen as a strategic move to enhance profitability and scalability, especially in anticipation of its IPO. The marketplace model allows Zepto to expand its product offerings and improve its bottom line, positioning the company for long-term growth in the competitive online grocery delivery sector.