Zepto
Indian quick-commerce app that delivers groceries, fresh produce, household and personal care items to consumers in about 10 minutes from its own dark stores.
Zepto is an Indian quick-commerce company founded in 2021 by Aadit Palicha and Kaivalya Vohra. It runs a network of more than 1,000 micro-fulfillment dark stores that deliver groceries and everyday essentials to consumers across Indian cities. It earns money from product margins, order fees, subscriptions, advertising and commissions from brands. Operating revenue doubled to about ₹22,624 crore in FY2026, while the net loss grew to about ₹5,905 crore. Total funding is about $2.3–2.6B, including a $450M round led by CalPERS at a $7B valuation in October 2025; the company shelved its IPO plans in 2026 and turned to a private share sale at a valuation of about $4.5B.
