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Zepto Appoints Colin Baines As Chief Commercial Officer

PRIVATEApr 11, 2024about 2 years ago

Position

Chief Executive Officer

Company

Zepto

Chris Jewell
Indiainformation technology & services

Description

Colin Baines has been appointed as the Chief Commercial Officer at Zepto. This hiring is part of Zepto's effort to extend its market share as the adoption of real-time payments accelerates.

Company Information

Company

Zepto

Location

India

About

The startup, whose name playfully uses a mathematical term to describe the business, offers a 10-minute grocery delivery service. 19-year-old Palicha said these dark stores, which the startup has set up and owns, are designed and optimized for fast deliveries. Nexus and Y Combinator as well as angel investors Lachy Groom, Neeraj Arora, and Manik Gupta participated in the round, which according to two people familiar with the matter, values Zepto between $200 million and $300 million.

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