India’s quick-commerce giant Zepto is gearing up for a massive new funding round. According to reports, the 10-minute grocery delivery startup is in talks to raise up to $450 million at a valuation of around $7 billion.
If the deal goes through, this will mark one of the largest funding rounds in India’s startup ecosystem this year, further cementing Zepto’s position as a leader in the quick-commerce space.
Zepto’s Growth Story
Founded in 2021 by Stanford dropouts Aadit Palicha and Kaivalya Vohra, Zepto disrupted India’s grocery market with its 10-minute delivery promise. Over the past three years, the company has expanded rapidly across major cities, including Mumbai, Delhi, Bengaluru, and Chennai.
Zepto has been scaling its dark store network and improving operational efficiency, which has attracted strong investor interest. With its aggressive growth, Zepto is now directly competing with rivals like Blinkit (Zomato-owned), Swiggy Instamart, and BigBasket’s BB Now.
Why This Fundraise Matters
- The quick-commerce industry in India is booming, with increasing consumer demand for fast delivery.
- A $7 billion valuation would be a big leap from Zepto’s previous $3.6 billion valuation in August 2023.
- The funding will likely be used to expand operations, invest in technology, and strengthen supply chains.
If successful, this fundraising could position Zepto as one of India’s highest-valued startups, showcasing the strong investor confidence in the future of instant delivery.
Summary Table
| Detail | Information |
|---|---|
| Company | Zepto |
| Industry | Quick-Commerce / 10-Minute Grocery Delivery |
| Funding Round | Up to $450 million |
| Expected Valuation | ~$7 billion |
| Founded | 2021 |
| Founders | Aadit Palicha & Kaivalya Vohra |
| Key Markets | Mumbai, Delhi, Bengaluru, Chennai |
| Main Competitors | Blinkit, Swiggy Instamart, BB Now |
| Previous Valuation (2023) | $3.6 billion |
| Purpose of Funds | Expansion, tech, supply chain |
