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Zepto
Last Updated
August 25, 2023
Zepto logo

Zepto

Grocery delivered in 10 minutes.

About

Industry

Food Delivery

Founded

2021

Headquarters

Bandra West, Maharashtra, India

Website

Link

jobs

Link

Funding History

funding

$560 million

Valuation

$1.4 billion

Notable investors

Contrary Capital, Y Combinator, StepStone Group

Traction

  • As of August 2023, Zepto reported $700 million in annualized revenue and 300% YoY growth.
  • As of August 2023, Zepto processes 300,000 orders daily in the 7 cities it is operational in.
  • As of May 2022, Zepto was growing 50% MoM with annualized revenue between $200-$400 million. In Q2 2022, Zepto grew its revenue by 800% while slashing expenses by 5x.
  • Zepto is currently operational in 10 cities across India.

Leadership

  • Aadit Palicha: Co-Founder & CEO of Zepto. Former Co-Founder & CEO of KiranaKart.
  • Kaivalya V.:  Co-Founder & CTO of Zepto. Former Co-Founder & CTO of KiranaKart.
  • Amritansu Nanda: CMO at Zepto. Former Head of Digital Marketing at FACES Cosmetics.
  • Nikhil Mittal: VP of Engineering at Zepto. Former VP of Engineering at KiranaKart.
  • Nitesh Sinha: VP of Product at Zepto. Former Senior Director of Product Management at Meesho.

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