# Zepto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zepto

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.zepto.com/
- Total disclosed funding: $2.9B
- Latest round: Series H (Oct 3, 2025)
- Investors on record: 23

## About

Founded in 2020, based in Bengaluru, India, by CEO Aadit Palicha and CTO Kaivalya Vohra, Zepto Marketplace Private Limited, doing business as Zepto, operates as a delivery partner for groceries, using cloud stores and micro-warehouses to deliver groceries in under 10 minutes. In April 2026, Zepto raised an undisclosed amount?in?pre-IPO funding?from Claypond Capital, Ravi Modi Family Trust, Brescon Family Office, and the Narotam Sekhsaria Family Office.

The company will use the funding to support growth plans ahead of a potential IPO. Zepto generates revenue through grocery and essentials sales, delivery fees, vendor commissions, advertising placements, private-label products, and subscription plans, leveraging its dark-store quick-commerce model for ultra-fast 10-minute deliveries.

The company will use the April 2026 funding to support its growth as it prepares for an initial public offering.

## Funding rounds

- Series H, Oct 3, 2025, $300M — Lightspeed Venture Partners, General Catalyst Partners, CalPERS - California Public Employees' Retirement System, Nexus Venture Partners, StepStone, Glade Brook Capital Partners, Avenir Growth Capital, Avra
- Series G, Sep 23, 2024, $318M — Lightspeed Venture Partners, General Catalyst Partners, StepStone, Mars Growth Capital
- Series F, Aug 27, 2024, $651M — Lightspeed Venture Partners, Nexus Venture Partners, StepStone, Goodwater Capital, Glade Brook Capital Partners, Avra
- Series F, Aug 14, 2024, $519M — Lightspeed Venture Partners, Nexus Venture Partners, StepStone, Goodwater Capital, Glade Brook Capital Partners, Avra
- Series F, Jun 23, 2024, $473M — Lightspeed Venture Partners, Nexus Venture Partners, StepStone, Goodwater Capital, Glade Brook Capital Partners
- Series E, Nov 6, 2023, $235M — Nexus Venture Partners, StepStone, Goodwater Capital, Glade Brook Capital Partners, Contrary
- Series E, Aug 30, 2023, $105M — StepStone Group, Nexus Venture Partners, Goodwater Capital, Glade Brook Capital Partners
- Series D, Dec 2, 2022, $170M — Nexus Venture Partners, Kaiser Permanente Ventures, Y Combinator, Glade Brook Capital Partners, GC&H Investments, Contrary, Bayhouse Capital
- Series C, Jan 1, 2022, $110M — Nexus Venture Partners, Rocket Internet SE, Y Combinator, Global Founders Capital, Breyer Capital, Glade Brook Capital Partners, GC&H Investments, Soma Capital Management, Contrary
- Series B, Nov 10, 2021, $60M — Nexus Venture Partners, Rocket Internet SE, Y Combinator, Glade Brook Capital Partners, Contrary
- Series A, Jul 26, 2021, $9.6M — Nexus Venture Partners, Rocket Internet SE, Y Combinator, Global Founders Capital, Contrary, 205 Capital, Mehta Ventures, Unpopular Ventures

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B, Series C, Series D, Series E, Series F, Series H
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A, Series B, Series C, Series D
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A, Series C
- Contrary (https://capitalatlas.ai/funds/contrary) — Series A, Series B, Series C, Series D, Series E
- 205 Capital — Series A
- Mehta Ventures — Series A
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Series A
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series B, Series C, Series D, Series E, Series F, Series H
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series C
- GC&H Investments (https://capitalatlas.ai/funds/gc-h-investments) — Series C, Series D
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Series C
- Kaiser Permanente Ventures (https://capitalatlas.ai/funds/kaiser-permanente-ventures) — Series D
- Bayhouse Capital (https://capitalatlas.ai/funds/bayhouse-capital) — Series D
- StepStone Group — Series E
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series E, Series F
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series E, Series F, Series G, Series H
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series F, Series G, Series H
- Avra (https://capitalatlas.ai/funds/avra) — Series F, Series H
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series G, Series H
- Mars Growth Capital (https://capitalatlas.ai/funds/mars-growth-capital) — Series G
- CalPERS - California Public Employees' Retirement System — Series H
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series H
