Zepto (Series D)
Funding Details
- Awarder
- Inbox
- Date Award
- May 30, 2024
- Vertical
- Quick Commerce
- Funding URL
- View Funding Page
- Valuation
- $5,000,000,000
- Funding Amount:
- $1,000,000,000
Company Info
- Founding Year
- 2021
- Traction
- Zepto's annualized sales run rate recently exceeded $1.5 billion, and it projects to reach over $3.5 billion with a growth rate of 150%.
- ARR
- $1,500,000,000
- Organizations Involved
- Abu Dhabi Investment Authority, Temasek, GIC, Invesco
- Founders
- Aadit Palicha, Kaivalya Vohra
- Company Description
- Zepto is a three-year-old Indian delivery startup that specializes in quick commerce, providing 10- to 15-minute delivery services. The company has recently exceeded an annualized sales run rate of $1.5 billion and anticipates a growth rate of approximately 150% in the next 12 months.
- Market
- E-commerce
- Location
- India
- Coinvestors
- Nexus Venture Partners, Lightspeed, Avra, YC Continuity, Contrary, StepStone Group, General Catalyst, Mars Growth Capital, Epiq Capital