Maybe others think that we are making excuses but your right.

100% they knew what they were doing and they had capital backup

you're right my lord!

Meanwhile, rich and privileged guys to poor kids - If you work hard you can achieve anything in life 🤡🤡🤡🤡

True

True. As soon as they stop free delivery and offers, i am switching to new unicorn 😂

True, There are way too many of these delivery start ups popping up. Some of these are gonna close and some new are gonna pop in their place.

Easy money due to lot of pumping of funds by governments worldwide. Short lived things.

Same thought

It feels like the exploited are just continuing to be exploited

Where do you live that you can't access water in 10 hours? There are several providers who deliver fresh water under 2 hrs

completely agree! and perhaps this is exactly our problem in so-called innovation thing.

@@theoutlet9300 wah what arrogance !! Just visit any slum area in Mumbai, Delhi, Bengaluru, Chennai etc and you will see how much clean water they have. Dharavi people for instance have purchasing power but they are woefully underserved. Startups could exploit that opportunity

Sidha baat hai, kirana ka saman bech rahe hai 10min me . Wo bhi huge loss me . Agar ye startup kuch sal tak survive kr gye tab dekhte hai.

Because supplying water is no easy task for a private company, it is governments job but competing in delivery businesses made them potential billionaire, they will sell their share and leave the company to die and live rest of their lives luxuriously. People start business for their profit, welfare of people comes afterwards.

Your parents

@@saibadam p

Excellent review 🤣🤣

yeah. but its your life and nothing else matters

Don't worry. This is the most stupid problem they are solving.

They'll quickly learn that they forgot about profitability and it'll probably sink in less than a year

@@prateeknarendra1637 yep it just another bubble going to pop in trying to raise up with other startups

But it does work. If they're recieving funds and are competing against other fast delivery services then it does have a market.

@@acrobat9018 anyone can recieve funds to compete with fast delivery, but was fast delivery ever an issue to begin with? Plus dealing with inventory at that scale is super expensive especially if you have quick perishables. Also although the co founder claims that there is no time pressure on them because it is within 2km, where i live because of the road conditions and traffic going 2 km takes 15 to 20 min alot of times, so how is there no pressure on the delivery guys? Eventually investors will gauge financial health and if they are not profitable it's going to be a nightmare. This is what's happening to swiggy, dunzo and Zomato right now. But Im curious to see what happens to zepto.

@@vishnudixit7754 Quick commerce sector is an appx. six billion dollar industry, space occupied with dark stores of zepto, blinkit, dunzo and likely many more to come. If traffic is an issue for them in a radius of two to five kilometres of there dark stores they won't open up there, simple.

Very true. No one dies out of hunger if their groceries are not delivered in 10 min. These guys are trying to solve a problem that doesn't need to be solved at all. There are more difficult problems in front of humanity right now.

No, they don't and its just a tag line "10 minutes " when I order it do take 15-20 minutes plus they placed their ghost warehouse very strategically in every location that the rider can deliver order in time while riding at the speed of 15-20 Kilometres per hour.

I agree, it's inhumane to set such aggressive targets for your employees.

@@skg7607 exactly the actual problem in india is more people die in accident than norm in india they should solve these problem first they are the one who are creating more such problems

@@Splash-nr8ot who cares if they die on theroad

This start up generates no new innovation. You have door dash, skip the dishes, zomato, Uber eats and so on. What makes it any different from others? Maybe they capture market share in this industry and make money, but it’s a mundane startup when you compare it with the innovation it is accomplishing. On the other hand, Tesla, spaces, blue origin are actively focusing on making something that has never been done before. Tomorrow, if a start up discovered methods for low cost desalination, that would be something. Startups should be measured in what new things they bring to society, rather than just market capitalization or capital raised.

@@sup1291 fully agree with you... Startups in our country comes mostly with money making and profit margins as a priority rather than innovations which have a positive impact on common man's life.

lets china make it. Service Industry is the future

@@JMian yeah, that is the reason India still doesn't have cutting edge manufacturing to build high end stuff chips, computers, jet engines. Service industry pays well but it only creates jobs for few, manufacturing creates a chain of all kind of jobs. It also bolsters the security of the nation where it doesn't have to import high tech stuff.

They make these companies to buy Mercedes, BMW cars.

@J M Manufacturing is a very important sector for a country to get wealthy.

They are just cashing out while they can

Only negative comments come from people who contributed nothing to the world.

These so called startups are only in the ecommerce space ..... blocking funding for more worthwhile startups

@@bluesteel1 i guess what amazes me is that this ripoff got funded. India already has an amazing delivery system that's been around for 150 years. HBS did a case study on it.

@@chrisr326 Out of curiosity, what is this amazing delivery system India has for 150 years ? Can you point to a link ? Is it Indian postal service or dabbawallaa ?

In snaller cities we have sabji wala thelas that come and we buy Veggies Also this isn't a issue for families as family members like outings for ration,fruits vegetables,its like our entertainment Its a issue for couple or single living in metro cities, doing job

I agree to your decision when u have everything accessible in couple of meters why zepto

they are not solving any problem except contributing to pollution

Why do you always want something groundbreaking?

*profit

@@captainmcduckyYT this type of start-up gives huge competition in the market. Competition always pushes us to innovate.

They enter public markets and rob retail investors.

@@TrillionaireStudioX0 Uber did the same but don't you see it's more expensive to travel now than before?? Every company is failing to showcase economy of scale

They are not in charge of hospitals or medical facilities in India so stop blaming them.

True

Well said , just shows how fault the system in India is!

they do not do 10min delivery its closer to 30min,

@@dog6376 they do under 10 mins don't know which zepto you are using

Yea cuz it made a lot of public outrage regarding the commitment to 10 minutes delivery that makes the drivers at risk.

@@sohanyalla4521 wrong its not humanly possible to do 10min delivery and they do not have stores 2km near every single place how is that even possible

@@dog6376 u can read articles on internet about blinkit 10 minutes service if you are interested . But they had to stop the service due to public outrage .

@@sohanyalla4521 I can still see the '10 minute delivery' tagline on my Blinkit app..

Awesome 😎

I feel like a king 🤴 now in 600 sqf apartment, I could never live in Hong Kong under those conditions 😐. Poor people, the government should change their policies.

yes, agreed

We see complains here and there on social media ,from different people in different parts all around the world

The government has less or no time for there people anymore

Any suggestions on dealing with them (the high-rise folk)?

@@hindiisonlyalanguagenotkno913 zepto? 😗

@@aditidas2862 Nah. Since the implication through sarcasm ("inconvenience for such poor souls") was that they are spoilt rich brats, what can be done to bring them down to earth or what steps can they take themselves? For example, not focusing on trivial things like lowering delivery times but rather volunteering in orphanages or helping out farmers in rural areas get better monetary compensation for their crops or making vaccines etc...? Any positive solution?

I think if anywhere it should work in India because of its low labor costs

@@johnl.7754 India has low labour costs for Western businesses who outsource to India. For an Indian business selling to Indians that's costs are considerable.

@@priyadarshinic Yeah that’s true. I guess it depends then on if India retail rental rates are high enough to compensate for the labor costs.

@@johnl.7754 it's also about convincing the value conscious Indian buyer. Kirana stores (mom and pop) stores are within 1-2 minute reach of most Indians. They offer the convenience without ₹35 (~$0.5) delivery charge. Right now because of huge discounts and waived delivery charges they are acquiring customers. Once the discounts dry out, most Indians would return to the kirana store who are excellent in building relationships and provide products on credit and free deliveries as well. So far none of the delivery businesses have found a profitable model in India.

@@priyadarshinic I lived in China for a few years (visited India also but not long) and saw that grocery delivery works because of high retail space lease/sale prices because of high density cities (mostly high rise). Not sure if profitable there though either.

Well said

People are using the platform happily and Zepto are making money, what else matters….

Yes, You write very well

I mean.. their idea must have been really helpful during the lockdown. No matter how small or big the cause is, as long as its helping the society to progress, its a good one. Vegetable vendors are also part of India. lol infact they are part of some of the most marginalized parts of Indian society. Its very easy to nitpick and critique when you are just a viewer. Atleast they made something that'll help their local community in India and not for another country. lol As far as them dropping out of Stanford is concerned, most people forget that people who do get in arent average to begin with. These guys have been developing apps since they were 17, meaning they must know how to code already and they seem to have basic business knowledge as well. Why would they spend millions of Rs in their education when they already achieved what a lot of graduates hope to achieve later in their life? Even if their VC dries up after their app is no longer a novelty (considering the patent laws in India, it will happen sooner than later), I am sure they will develop something else.

I do think it isn't sustainable

That's just normal market competition. New ones (and possibly better ones) will come up too.

Gurateend you Amazon or big company will buy them out and they will control the market

@@torresthemonster That's may not be possible because one they already have this i don't think they waste money on this while they already have the infrastructure

Reliance might acquire such start-ups.

There are 102 unicorns arleady in India with Indian talent. And just because you saw a movie doesn't mean the whole country is a slum.

@@Kalinga_3 doordash isn't profitable why will this be

​@@brunocardona6283 it isnt and will never be way too many players its worse than doordash because theres more competition and one of them is tata

But I think you can attend stanford on a scholarship like its brains which gets you admitted so probably these guys are smart

exactly.

You are wrong. "Someone" is gonna close, is a wrong statement. All of them are gonna close is the right statement. With no prospectus of profitability ever, they are all gonna die drowning the investors funds with them

@@financialgyaan9656 Do you think it's not your money ? I'm asking out of curiosity in the event of things I found regarding govt giving huge tax breaks to startups and giving money in some instances.

yeah just like that snapdeal and other ecommerce sites died ,and only flipkart and amazon survived

@@vardhanarya tata killed snap deal ,he purchased a hand ful of online grocery shops

Sell and jump in next business. That's what happens in india

@@sachitagarwal8940 literally tabhi bro funding milna badi baat h, joki ye investors top colleges k bccho ko aasaani se dedete h aur fir kya company chle ya nhi chle bechdo dusre ko kuch saal m aur millionaire billionare bnjaao, basically sb network ka khel h, jaan pehchaan ka

If go deeper u will find out they are getting support from some foregin sources...

yes they are back in the country to loot their fellow country men and set a bad example for why one should 'dropout' of college.

@@shravangupta4828 how loot explain me? That's called jealousy. Middle class won't work but when someone become successful just throw a jealousy comments on them and say India doesn't have opportunities

True mate

why would they show landscapes and stuff, when they promise that they deliver within minutes even in crowded places in india. Btw majority of india in cities is crowded, idk what image u expected the western media to have

Yes

There were many internet search engines before Google. Ask Jeeves , netscape and yahoo were all grown up . But Google just cleared up the crowd

But they are disrupters though, grofers became blinkit because of zepto

R you a business expert????

It's all about growth and scalability

Stanford tag. Valuations mean nothing literally. Most of these startups are never going to even make a single penny of profit.

That's the amount they are gonna take from gullible retail investors when IPOed

@@rishabhjain7543 Aa gye goldman sachs ke ceo. Sb predict krke rkhe hai ki ye grow hoga ye nhi.

Valuation and profitability is different thing....

how?

@@suns1457 all the deliveries are done by people who have v minimal income. If there's a high volume of orders, they're running around doing delivery vv quickly cause their pay is mostly commission based anyway. These ppl also don't always work for one company, they shuffle between multiple delivery jobs to sustain. I'd actually like more visibility in how much they're paying their workers and what benefits do they provide them

There's hardly any avenues for those being explopited. We missed the indsutrialization bus a long time ago. Without these VC money many young would go unemployed.

@@ashwinnair9862 thanks to congress

And these guys don't look 19, they're trying a hype up.

@@lemon_cado generating money from india is easy peasy just these ne gen z billionaire are cut up from ground realities

@@lemon_cado no startup have revenue model they are just betting on economy of india 🤣🤣 that in future it will be profitable but they just have fancy degree of iim and iits

@@lemon_cado economy flows from poltics and IITians and iims sends most illeterate politically aware citizens

I need it.

Live next door to grocer

VC thinking is simple: just advertise a concept, create as much hype as possible, and make a profitable exit in IPO by giving the excuse of future growth for the huge losses and let retail investors suffer the losses.

@@sssutube1 lol...no

True. It's not a need and this model will work only in thickly populated city centers (even there also they will not make profit ever). I order from quick commerce if their prices are cheaper than other stores not really for the fast delivery. Once they burn out the VC money i will stop buying.

Yes the social divide has significantly gotten worse since our market opened. It was trade off for development. But it's wrong to compare it to apartheid which was racist. Right now India is still struggling to keep people employed. Our unemployment levels are very High (surely our govt lies), it's masked by hidden unemployment and underemployment.

that's not true. economically weaker sections have quotas in education and in some government jobs. there are scholarships. basic education is free jn governments run schools and higher education is highly subsidized in government run colleges. of course there is scope for improvement. but it is not a basket place and certainly a crime to compare it to an evil like apartheid.

there is something called scholarships

@@nikhilkay1 you're going to tell us that a kid going to a community College in India going to get scholarships to it league in the US. Ok sure

@@SexyUndisputed2All you haven't been to league schools in US I guess, just walk around the campus of Harvard, Stanford you will see Indians walking around like it's a community college.

Investments and trading either stocks or digital currency is just the key to most financial breakthrough.

Wow I' m just shocked someone mentioned Mrs *Nancy Dawin* I thought I was the only one trading digital currency with her. She's the talk of the town due to her strategies.

I watched her as a guest speaker on Financial Times the crowd gave her a thumbs up after she lectured on diversifying our Income passively. She's has been my financial coach since 2018 I must say I'm now an employer of labour.

I've being a busy 9-5 on my job I didn't for once think of this diversity all my income goes on paying bill's. Is Nancy Dawin open to take new investors ? I'll will it appreciate if someone reply me with means of consulting her.

@@camdemfranklin6983 Most people have been liberated financially through her thorough disciplinary measures and her investment strategies she's just the best. I'm one of her humble investor on my 5th portfolio withdrawal anything is possible of you are determined like myself and Linda my colleague.

What exactly is inspiring in Kirana delivery?

Upi works better

In case you have not noticed, not all dropouts are equal because not everyone gets into Stanford.

Note it- This models are not suitable for counties like India. They are just giving solutions to problem of very limited audience or even what they think is problem, is actually not even a problem to majority people in India. They are just giving solutions to the problems which never exists🤣,. They are getting cheap VC money so spending lavishly on Employees. Anyway these models will not be profitable definitely in India. Their loses will keep on increasing

And Government of India is coming up of with ONDC, which is literally going to make shut majority companies in coming future

@@Lululemon2023 ah I see, do you know how many actually take the SAT exams in India?

@@masthan001 why should he know this in the first place?

they are not doing anything new. Just exploiting the cheap labor force. They are making yuuge money so good for them but nothing ground breaking.

Kuch bhi

I dont think so sorry

Agreed

They are just jealous, non everyone builds a start-up at 19 that too having a billion dollar valuation.

Proud of them being millionaire delivery boys?? It's all short lived funded by cheap fiat money pumped by governments since 2009. Party is gona go over soon.

🙂Nice

Why are you everywhere i go ?!!!

why tf would you be proud of them

Wifey material

lmao false equivalence