
CosmicTaco
Zepto Cafe Battles Supply Chain Hurdles
- Zepto Cafe scales down operations due to supply chain issues and staff shortages.
- Growth slowdown seen as part of controlling cash burn efforts, despite a 700% YoY order volume growth.
- Temporary shutdown affected 44 cafes, impacting over 400 employees.
- Rivals Blinkit and Instamart gain market share as Zepto stalls in dark store launches.
- Zepto's financials show revenue doubling in FY24, with reduced net loss despite market challenges.
Source: Inc42
17d ago
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