{"id":877762,"date":"2024-11-18T07:57:04","date_gmt":"2024-11-18T02:27:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=877762"},"modified":"2024-11-18T08:19:29","modified_gmt":"2024-11-18T02:49:29","slug":"zeptos-cash-burn-crosses-%e2%82%b9250-crore-a-month-on-rising-costs-closes-%e2%82%b92500-crore-funding-round-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/18\/zeptos-cash-burn-crosses-%e2%82%b9250-crore-a-month-on-rising-costs-closes-%e2%82%b92500-crore-funding-round-report\/","title":{"rendered":"Zepto\u2019s cash burn crosses \u20b9250 crore a month on rising costs; closes \u20b92,500 crore funding round: Report"},"content":{"rendered":"<p>Online quick commerce platform Zepto&#8217;s cash burn has exceeded over \u20b9250 crore per month for the last two months amid rising competition in the quick commerce space, reported the news portal Moneycontrol. <\/p>\n<p>Zepto&#8217;s rise in cash burn comes amid the company closing an investment round raising \u20b92,500 crore of funding from Indian High net-worth individuals as it aims to build a war chest to compete with rivals and gain market share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online quick commerce platform Zepto&#8217;s cash burn has exceeded over \u20b9250 crore per month for the last two months amid rising competition in the quick commerce space, reported the news portal Moneycontrol. Zepto&#8217;s rise in cash burn comes amid the company closing an investment round raising \u20b92,500 crore of funding from Indian High net-worth individuals as it aims to build a war chest to compete with rivals and gain market share.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-877762","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=877762"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877762\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=877762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=877762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=877762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}