Zippee

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Zippee - overview

Established

2021

Location

New Delhi, Delhi, India

Primary Industry

Internet

About

Founded in 2021 and based in New Delhi, Zippee formerly Based in Delhi, India, and founded in 2021 by Madhav Kasturia (CEO), Zippee formerly known as ZFW Dark Stores is a consumer service platform that engages in e-commerce delivery services. In June 2023, Zippee raised USD 1. 6 million in venture funding from investors FounderBank Capital, Haldiram Products Pvt Ltd. , Misfits Fund, and Piper Serica Advisors Pvt.


Ltd. , with participation from individual investors. The firm partners with over 170 brands such as The Face Shop, Epigamia, Clinikally, Power Gummies, Anveshan, SEPOY&CO, Haagen Daaz, etc.   The company provides a direct-to-consumer (D2C) online delivery platform by integrating with various E-commerce brands to provide customers with same-day delivery of their products.


known as ZFW Dark Stores operates as a consumer service platform that offers a same-day delivery service.


Current Investors

RCS Advisors, Mumbai Angels, The Runwal group

Primary Industry

Internet

Sub Industries

Courier & Delivery Services, Internet

Website

www.zippee.delivery

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Zippee - timeline of key events

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Zippee - financials

Fiscal Year EndedMar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)4,354,699.65,970,538.16,822,189.312,886,8718,078,435---
% Revenue Growth (YoY)-37.1%14.3%88.9%(37.3%)---
EBITDA (USD)(690,429.5)(1,893,246.1)(858,536)(503,695)(3,940,854)---
Operating Income (USD)(760,655.5)(1,985,013.1)(941,410)(584,864)(4,052,402)---
Operating Margin(17.5%)(33.2%)(13.8%)(4.5%)(50.2%)---
% EBITDA Margin(15.9%)(31.7%)(12.6%)(3.9%)(48.8%)---
NET Income (USD)(762,486.5)(1,983,834.1)(942,186.6)(584,735)(4,039,920)---
% Net Margin(17.5%)(33.2%)(13.8%)(4.5%)(50.0%)---

Zippee - employee data

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