Zepto Unicorn
Zepto is an Indian quick-commerce company that delivers groceries and daily essentials to customers in around 10 minutes via a network of company-operated "dark stores." Founded in 2021 by Stanford dropouts Aadit Palicha and Kaivalya Vohra (as a pivot from their 2020 venture KiranaKart), it has since expanded into food delivery (Zepto Cafe) and a retail-media/analytics business (Zepto Atom) for…
Zepto: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 16 Oct 2025 | Series H | $450 million | CalPERS Avenir Avra Glade Brook Capital Lightspeed Nexus Venture Partners StepStone Group | source |
| 13 Aug 2024 | Series G | $340 million | Mars Growth Capital Avra General Catalyst Lightspeed Nexus Venture Partners StepStone Group | source |
| 25 Aug 2023 | Series E | $200 million | Goodwater Capital Glade Brook Capital Nexus Venture Partners StepStone Group | source |
| 2 May 2022 | Series D | $200 million | Y Combinator Continuity Contrary Capital Glade Brook Capital Kaiser Permanente Lachy Groom Nexus Venture Partners | source |
| 20 Dec 2021 | Series C | $100 million | Y Combinator Continuity Fund Breyer Capital Contrary Capital Glade Brook Capital Global Founders Capital Lachy Groom Nexus Venture Partners | source |
| 31 Oct 2021 | Series A | $60 million | Glade Brook Capital Global Founders Capital Lachy Groom Manik Gupta Neeraj Arora Nexus Venture Partners Y Combinator | source |
Recent Signals
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8 Jun 2026 · regulatory
Zepto files updated DRHP with SEBI for ₹8,010 crore fresh issue ahead of IPO source -
1 Jun 2026 · financial
Zepto's advertising revenue more than doubles to ₹1,636 crore in FY26 ahead of IPO source -
16 Oct 2025 · funding
Zepto raises $450M at $7B valuation led by CalPERS as India's quick-commerce market heats up source
News on Zepto
No coverage of Zepto linked yet.
L Litmus · by Lapaas
See the full business-model breakdown and validation framework for this company.
View Litmus AnalysisFAQs on Zepto
Who founded Zepto?
Zepto was founded by Aadit Palicha, Kaivalya Vohra in 2021.
How much funding has Zepto raised?
Zepto has raised $1.35 Bn across 6 tracked funding round(s), most recently on 2025-10-16. Figures are compiled from cited public sources.
Who are the investors in Zepto?
Investors in Zepto include CalPERS, Avenir, Avra, Glade Brook Capital, Lightspeed, Nexus Venture Partners, StepStone Group, Mars Growth Capital.
What does Zepto do?
Zepto is an Indian quick-commerce company that delivers groceries and daily essentials to customers in around 10 minutes via a network of company-operated "dark stores." Founded in 2021 by Stanford dropouts Aadit Palicha and Kaivalya Vohra (as a pivot from their 2020 venture KiranaKart), it…
Where is Zepto headquartered?
Zepto is headquartered in Bengaluru, Karnataka, India.
What is Zepto's business model?
Zepto's core value proposition centers on Groceries and essentials delivered in minutes, 10-minute hot food and coffee (Zepto Cafe).
How does Zepto make money?
Zepto's cited revenue streams include Advertising / retail media, Zepto Cafe (food & beverage), Membership fees (Zepto Pass).