Indian quick-commerce platform Zepto announced on Thursday that it has raised $450 million, pushing its valuation to $7 billion.
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto specializes in ultra-fast grocery delivery, promising delivery times as short as 10 minutes. The company operates over 250 “dark stores” across major Indian cities, enabling quick fulfillment of daily essentials.
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The latest funding round reflects strong investor confidence in India’s rapidly growing instant delivery sector.
Zepto plans to use the funds to expand operations and prepare for a public listing next year.
This round positions Zepto among India’s most valuable startups, highlighting the rising demand for quick-commerce solutions and the rapid growth of instant fulfillment services in the country.
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In less than two years, Zepto has raised nearly $2 billion, cementing its place as a key player in India’s e-commerce ecosystem.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
