Startup Atlas · E-commerce

Zepto Unicorn

Zepto Private Limited (formerly Kiranakart Technologies Private Limited) ● Bengaluru, Karnataka ● Founded 2021 ● zepto.com ↗

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…

Aadit Palicha · Co-founder & CEO Kaivalya Vohra · Co-founder & CTO
$1.35 BnTotal funding (tracked)
6Funding rounds
16 Oct 2025Last round
48,011Team size (sourced)

Zepto: Funding Rounds

Date Round Amount Investors Source
16 Oct 2025 Series H $450 million CalPERS Avenir Growth Avra Glade Brook Capital Lightspeed Venture Partners Nexus Venture Partners StepStone Group source
13 Aug 2024 Series G $340 million Mars Growth Capital Avra General Catalyst Lightspeed Venture Partners 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 Fund 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

  • 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

L Litmus · by Lapaas

See the full business-model breakdown and validation framework for this company.

View Litmus Analysis

FAQs 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 Growth, Avra, Glade Brook Capital, Lightspeed Venture Partners, 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).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techcrunch.com · Last verified 5 Sep 2026. · Report a correction