Business

IIE DIGITAL DESK: In a significant strategic move, Zepto, the fast-growing quick commerce startup, has announced the relocation of its headquarters from Mumbai to Bengaluru. This shift is aimed at tapping into Bengaluru's robust tech ecosystem and talent pool, which the company believes will bolster its growth and innovation capabilities.

Employees have been informed about the relocation and are expected to move to Bengaluru in the coming months. The company is providing support to ease the transition, including assistance with housing and other relocation logistics.

The decision to move comes as Zepto continues to expand its footprint in the competitive quick commerce sector, striving to enhance its operational efficiencies and technological advancements. Bengaluru, often dubbed the "Silicon Valley of India," offers a conducive environment for tech-driven companies, with access to a vast network of skilled professionals and a vibrant startup culture.

Zepto's leadership believes that the move will not only foster a more collaborative and innovative work environment but also position the company closer to key markets in South India. This strategic relocation is expected to play a pivotal role in Zepto's future growth trajectory, as it aims to set new benchmarks in the quick commerce industry.While the company has been flexible for now, we have all been mandated to relocate to Bengaluru by the end of November or early December,” a Zepto employee told Moneycontrol, requesting anonymity. The company will bear relocation expenses for all employees willing to move to Bengaluru.