Zepto Secures $200 Million in Series-E Round, Valued at $1.4 Billion: Empowering India's Fastest Growing E-Grocery Revolution

In an exciting development for the rapidly evolving e-grocery sector, Zepto has successfully raised $200 million in a recent Series-E funding round, bringing the company’s valuation to an impressive $1.4 billion. Co-founded by Stanford dropouts Aadit Palicha and Kaivalya Vohra in 2021, Zepto has quickly emerged as India's fastest-growing e-grocery delivery service, and this latest infusion of capital is poised to accelerate its growth even further. The funding round attracted significant interest from a cadre of prestigious global investors, including StepStone Group, Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in Mumbai, Zepto operates across 10 major cities and employs over 1,000 team members, delivering more than 5,000 products—from fresh produce to health and hygiene essentials—right to customers’ doors in just 10 minutes. This remarkable efficiency is powered by their robust technology stack and a well-optimized network of delivery centers, which positions Zepto to lead the charge in a $600 billion grocery market. Not stopping at groceries, the company has also ventured into the café segment, allowing customers to easily add coffee, chai, and other café items to their orders. With this significant funding, Zepto aims to enhance its technological capabilities, expand its product offerings, and solidify its footprint across India, making grocery shopping an effortless experience for millions.