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Zepto

Zepto

Zepto offers a 10-minute grocery delivery service.

Consumer, Services

Zepto

Zepto

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Basic Information

Founded by Aadit Palicha and Kaivalya Vohra, Zepto promises to deliver groceries in 10 minutes. It partnered with 86 dark store owners in 13 cities, clocking over one million orders in 2021. Zepto operates out of its network of ‘cloud stores’ or micro-warehouses, which it owns, to fulfil orders within the time frame. It plans to expand to 100 dark stores, thereby servicing around 100 pin codes, by the end of 2021.

Legal Name

:

Kiranakart Technologies Private Limited

Headquarters

:

Mumbai, Maharashtra , India

Business Model

:

B2C, B2B2C

Founding Date

:

2021

No. of Employees

:

101 to 150

Core Team

:

1.

Aadit Palicha

Founder and CEO

2.

Kaivalya V

Co-Founder and CTO

Revenue Stream

Fee-For-Service

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Funding

Total Funding

$560.0M

Investors

:

1.

Lachy Groom

2.

Neeraj Arora

3.

Manik Gupta

4.

Y Combinator

See More

Detail Round Breakdown

Round 1

Round 2

Round 3

Round 4

Round 5

$60M

Series Name

:

SERIES-A

Date

:

31st Oct 2021

Investors

:

1.

Glade Brook Capital Partners

2.

Y Combinator

3.

Nexus Venture Partners

4.

Lachy Groom

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