RP-Sanjiv Goenka
2 Judges Court Road, Kolkata, West Bengal, 700027, India
Overview
The RP-Sanjiv Goenka Group has interests across diverse business sectors - Power & Natural Resources, Carbon Black, IT & Education, Retail, Media & Entertainment and Infrastructure. With assets close to INR 31,000 Cr and employee strength of more than 50,000, the Group is well set to launch itself into the next league. Over the next five years the Group is expected to invest more than USD 3 billion across its various business projects.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Education
- Information Technology
- Natural Resources
Investment portfolio
- Zepto
Participated · Equity · Nov 2024
Zepto operates a quick-commerce platform focused on ultra-fast delivery of groceries and daily essentials. Over two years the company reported revenue growth from ₹4,544 crore to ₹23,128 crore and a near fourfold increase in users. Despite rapid top-line growth, coverage highlights unit economics challenges, with reported per-order losses of about ₹79. The company had been preparing for a higher valuation (around $7 billion) before public-market comparables exerted downward pressure. Zepto's immediate financial and strategic focus, as reflected in reporting, includes shoring up domestic shareholding and addressing profitability metrics amid increasing scrutiny of quick-commerce economics.