However, industry leaders anticipate a tough road ahead in 2025 as competition intensifies and market dynamics evolve.
Aadit Palicha, co-founder and CEO of Zepto, underscored the sector's remarkable growth and the challenges that lie ahead in two separate LinkedIn posts. "This New Year's Eve marked a 200% increase in sales compared to last year. However, it will become increasingly clear in 2025 that q-commerce requires exceptional execution to thrive," Palicha said.
Zepto recorded an extraordinary pace of sales, moving 3,345 ice cube packets per hour—a 2.62x jump from last year.
"The customer value proposition will level up quickly. Unit economics and efforts to build operating leverage will evolve, and the capital markets environment for this industry will look significantly different compared to 2024 and 2023," Palicha said.
This story is from the January 02, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 02, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
RBI Paves Way for Faster Resolution of Retail NPAs for ARCs
IN A RELIEF to asset reconstruction companies (ARCs), settling small-ticket bad loans of ₹1 crore or less will now be easier.
Uttarakhand govt clears UCC rules
Set to be rolled out after local body elections
IndusInd Bank CFO resigns, deputy CEO to take charge
INDUSIND BANK CHIEF financial officer Gobind Jain has resigned from his post to pursue other professional opportunities, the private lender said in an exchange filing on Monday.
Land rules, payment delays hurt manufacturing: CEA
TOUGH RULES FOR land use and large firms' reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India's manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.
IT firms see shift to shorter deal cycles
CHANGE REFLECTS RAPID TECHNOLOGICAL ADVANCEMENTS
Infy: Improvement in discretionary demand
Expects strong revenue growth of 5-7.9% in FY26
Facebook, X to Do More Against Hate Speech
META'S FACEBOOK, ELON MUSK'S X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday.
Groww Picks Banks for IPO at Up to $8-Billion Valuation
Seizing on the Momentum
Kotak Bank to Maintain Its Margins
Aided by a rate-cut cycle & led by growth in high-yielding assets
'Agentic framework will be the next big leap of AI'
Artificial Intelligence (AI) is rapidly transforming industries, unlocking new possibilities, and challenging traditional business models. Joe Atkinson, chief AI officer at PWC, shares his insights with Raghav Aggarwal on the future of AI applications, its transformative potential across sectors, and the shared responsibility of preparing the workforce for this shift. Excerpts: