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PepperTap

GroceryIndiaClosed 2016

Total Raised

$51.6M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2016

Business model

Online grocery ordering and delivery via a hyperlocal warehouse model.

In brief

Scaled rapidly across many Indian cities during the 2015 hyperlocal delivery funding boom, operating its own warehouses and delivery fleet in each market. The capital intensity of running physical grocery infrastructure in dozens of cities simultaneously outpaced its ability to r…

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Key facts

Founded
2014
Closed
2016
Headquarters
Gurugram, India
Industry
Grocery
Employees
Revenue
Undisclosed

Related failures

Often compared with: BigBasket, Zepto.