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Zepto offers a 10-minute grocery delivery service.
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
Funding

Total Funding

$560.0M

Investors
:
1.  
Lachy Groom
2.  
Neeraj Arora
3.  
Manik Gupta
4.  
Y Combinator

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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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