Rapid commerce pioneer Zepto strengthens its balance sheet with fresh capital, doubling down on growth and profitability across India
Zepto, one of India’s fastest-growing consumer internet companies, has announced the successful closure of approximately USD 450 million in new funding, comprising a mix of primary and secondary transactions, with the majority being primary. The round pushes Zepto’s valuation to USD 7 billion, underscoring strong investor confidence in the company’s business model and long-term vision.
Aadit Palicha, CEO and Co-founder of Zepto, said, “This financing is a reflection of our team’s execution to grow the business rapidly while consistently building operating leverage. We now have approximately USD 900 million of net cash in bank and are more than well-capitalised for the future.”
Zepto’s investors expressed optimism about the company’s sustained performance and growth potential. Vivek Subramanian noted, “Zepto scaled order volume 200 per cent over the past 18 months and was still able to consistently turn more and more of their stores profitable even as they invested in growth. That performance, and the USD 500B+ Indian grocery opportunity, gave us conviction that Zepto is building a generational consumer internet company.”
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has rapidly evolved into a leader in rapid commerce, redefining convenience for millions of Indian consumers. The company’s platform now offers an extensive catalogue of over 45,000 products, including groceries, electronics, beauty essentials, apparel, toys and more — all delivered with exceptional speed and efficiency through its strategically optimised delivery hubs.
With its latest funding, Zepto aims to expand its operational footprint, strengthen its technology infrastructure, and continue enhancing the consumer experience. The infusion of fresh capital will also enable Zepto to sustain profitability momentum while scaling across key markets.
Zepto’s journey — from a startup founded by two young entrepreneurs to one of India’s most valuable consumer internet companies — marks a milestone moment for the country’s digital economy and rapid commerce segment.
