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Jun 18, 2024 · Zepto is India’s fastest growing e-grocery company valued at $1.4 Billion following its. recent Series-E fundraise of $200 Million from marquee global investors including. StepStone Group, Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in
- FULL_TIME
- June 18, 2024
- Mumbai Metropolitan Region
5 hours ago · Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the company at $3.6 billion. The CEO sees Zepto as a hyperlocal Walmart focusing on groceries and household essentials. The company plans to expand its dark stores to 700 to compete with rivals like Blinkit and Swiggy Instamart. Zepto aims to capitalize on the massive market opportunity in the top 40 cities of India.
5 hours ago · Zepto has been on a fundraising blitzkrieg. It just raised $665 million at a valuation of $3.6 billion valuation, as investors look to double down on the booming quick commerce sector in India.
2 hours ago · Quick commerce unicorn Zepto’s revenue can grow multi-fold to Rs 2.5 lakh crore in 5-10 years if the company is able to execute the business well, Zepto co-founder and CEO Aadit Palicha said ...
4 days ago · Learn more about Zepto, India's first unicorn startup in 2023, its founders, funding and investors, business and revenue model, startup story, growth, challenges, and more.
- Zepto, a startup based in Mumbai, offers a 10-minute grocery delivery service.
- Zepto was founded by Aadit Palicha and Kaivalya Vohra, two childhood friends.
- Zepto was founded in September 2020 and began operations in April 2021.
- Swiggy Instamart, BigBasket, Blinkit, and Dunzo are some of the top competitors of Zepto.
- Zepto delivers groceries in 10 minutes through its network of dark stores and micro-warehouses. The median delivery time is 8 minutes and 47 second...
- Zepto became the first Indian unicorn startup in 2023 after raising a Series E round worth $200 million in August 2023. This round increased Zepto'...
Jun 28, 2024 · Quick commerce in India is on steroids right now. So, earlier in June, when Zepto—the toast of the industry—raised US$665 million, its biggest funding round so far, it wasn’t a surprise to many. Its investors, primarily American venture capitalists (VCs), doubled down on Zepto in its seventh round in three-and-a-half years.
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Zepto aims a $50 billion valuation after raising $665 million from new investors including private equity firm Avenir, venture capital firm Lightspeed, & Avra.
