WikiDwarf: Reverted edit by 172.68.166.158 (talk) to last revision by Ajay Kumar

2026-03-24T08:54:07Z

Reverted edit by 172.68.166.158 (talk) to last revision by Ajay Kumar

← Older revision		Revision as of 14:24, 24 March 2026
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	==External links==		==External links==
	*{{Official website\|https://www.zeptonow.com/}}		*{{Official website\|https://www.zeptonow.com/}}
	*[https://unlistednetwork.com/unlisted-share/zepto/ Zepto Unlisted Shares]

	{{DEFAULTSORT:Zepto}}		{{DEFAULTSORT:Zepto}}

172.68.166.158: minor changes added extra information

2026-03-24T05:55:56Z

minor changes added extra information

← Older revision		Revision as of 11:25, 24 March 2026
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	==External links==		==External links==
	*{{Official website\|https://www.zeptonow.com/}}		*{{Official website\|https://www.zeptonow.com/}}
			*[https://unlistednetwork.com/unlisted-share/zepto/ Zepto Unlisted Shares]

	{{DEFAULTSORT:Zepto}}		{{DEFAULTSORT:Zepto}}

Ajay Kumar: Creating a new article

2023-08-27T18:30:45Z

Creating a new article

New page

{{Infobox company
| name = Zepto
| logo = Logo of Zepto.png
| logo_size =
| website = {{URL|https://www.zeptonow.com/}}
| footnotes =
| type = [[Privately held company|Private]]
| founded = {{Start date and age|df=yes|2021|}}
| location = [[Mumbai]], India
| founders = Aadit Palicha <br/> Kaivalya Vohra
| industry = [[Q-commerce|Quick commerce]]
| services = [[Online grocer]]
| key_people = Aadit Palicha (CEO)<ref name="teenager"/>
| revenue = {{increase}} {{INRconvert|140.7|c}} (FY22)<ref name="fy22">{{cite news |last1=Sil |first1=Debarghya |title=Zepto Incurs INR 390 Cr Loss In First Year Of Operations; FY22 Sales At INR 141 Cr |url=https://inc42.com/buzz/zepto-incurs-inr-390-cr-loss-in-first-year-of-operations-fy22-sales-at-inr-141-cr/ |access-date=27 August 2023 |work=Inc42 Media |date=18 November 2022 |language=en}}</ref>
| profit = {{decrease}} {{INRconvert|-390.3|c}} (FY22)<ref name="fy22"/>
| num_employees = 3,500 (2022)
| parent =
| area_served = 8 cities: [[Delhi]], [[Gurgaon]], [[Bangalore]], [[Mumbai]], [[Hyderabad]], [[Kolkata]], [[Pune]], [[Chennai]]
| former_name =
}}

'''Zepto''' is an [[e-commerce]] service, that delivers instant grocery.<ref name="unicorn">{{cite web|url=https://www.ndtv.com/india-news/zepto-founders-zepto-unicorn-zomato-blinkit-how-two-20-year-olds-beat-grim-market-to-mint-indias-newest-unicorn-zepto-4328604|title=How Two 20-Year-Olds Beat Grim Market To Mint India's Newest Unicorn - Zepto}}</ref> The startup mainly targeted [[Q-commerce|Quick commerce]] space.<ref>{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/quick-commerce-startup-zepto-1st-unicorn-in-2023/articleshow/103076675.cms?from=mdr|title=Quick commerce startup Zepto 1st unicorn in 2023}}</ref> In August 2023, Zepto became India's 84th [[Unicorn (finance)|unicorn]].<ref>{{cite web|url=https://www.businessinsider.in/business/corporates/news/zepto-raises-usd-200-mn-to-become-the-first-unicorn-of-2023/articleshow/103054291.cms|title=What Funding Winter? Zepto raises $200 mn to become the first unicorn of 2023}}</ref><ref>{{cite web|url=https://www.fortuneindia.com/enterprise/only-3-unicorns-added-in-2023-capital-woes-hurting-startups/113195|title=Only 3 unicorns added in 2023; capital woes hurting startups}}</ref><ref>{{cite web|url=https://www.thehindu.com/business/Industry/unicorn-cheetah-start-ups-decline-y-o-y-hurun-index/article67016581.ece|title=Unicorn start-ups decline: Hurun Index}}</ref>

==History==
Zepto was founded in July 2021 by a duo of [[Stanford University]] dropouts,<ref>{{cite web|url=https://www.moneycontrol.com/news/business/zepto-is-first-indian-unicorn-of-2023-raises-200-million-at-1-4-billion-valuation-11256271.html|title=Zepto is first Indian unicorn of 2023, raises $200 million at $1.4 billion valuation}}</ref> Aadit Palicha and Kaivalya Vohra, who aged 20 at that time.<ref name="teenager">{{cite web|url=https://www.news18.com/business/meet-aadit-palicha-the-21-year-old-zepto-ceo-who-made-a-rs-7300-cr-company-in-a-year-7579105.html|title=Meet Aadit Palicha, The 21-Year-Old Zepto CEO Who Made A Rs 7,300 Cr Company In A Year}}</ref><ref>{{cite web|url=https://www.gqindia.com/content/meet-zepto-co-founder-kaivalya-vohra-a-stanford-dropout-whos-built-a-business-empire-of-rs-7428-thousand-cr|title=Meet Zepto co-founder Kaivalya Vohra — a Stanford dropout who's built a business empire of Rs 7428 thousand Cr}}</ref><ref>{{cite web|url=https://www.dnaindia.com/business/report-kaivalya-vohra-zepto-man-who-built-rs-7300-crore-company-in-1-year-net-worth-is-rs-1200-crore-at-age-19-3046699|title=Meet man who built Rs 7300 crore company in 1 year, net worth is Rs 1000 crore at age 19}}</ref> It was built with backing from [[Startup accelerator|startup incubator]] [[Y Combinator]].<ref>{{cite web|url=https://www.moneycontrol.com/news/business/startup/y-combinator-backed-zepto-launches-10-minute-food-delivery-service-cafe-in-mumbai-8374341.html|title=Y Combinator-backed Zepto launches 10-minute food delivery service 'Cafe' in Mumbai}}</ref><ref>{{cite web|url=https://www.businessinsider.in/business/news/y-combinator-lays-off-20-staff-scales-back-on-late-stage-investments/articleshow/98623325.cms|title=Y COMBINATOR TO LAYOFF 20% STAFF, DECREASE LATE-STAGE INVESTING}}</ref> Nexus Venture Partners and Lachy Groom also initially supported the startup.

==Funding==
In August 2023, StepStone Group, Goodwater Capital and others invested a combined [[US$]] 200 million in Zepto.<ref>{{cite web|url=https://www.gadgetsnow.com/tech-news/zepto-ends-indias-almost-year-long-unicorn-drought/articleshow/103061268.cms|title=Zepto ends India's almost-year-long Unicorn drought}}</ref>

==Operations==
Zepto has more than 220 cloud stores or neighborhood warehouses, across cities including Mumbai, Bangalore and New Delhi. The stores stock over 7,000 products. Zepto faces competition from [[Alphabet Inc.]]-backed [[Dunzo]], Zomato's [[Blinkit]] and [[Naspers]]-backed [[Swiggy]] Instamart.

In April 2023, the startup started testing a ‘Zepto Cafe format’ as a pilot project in Mumbai where it is delivering ready-to-drink coffee, tea, and packaged snacks.<ref>{{cite web|url=https://indianexpress.com/article/technology/social/following-cafe-format-zepto-says-not-doing-10-minute-food-delivery-in-mumbai-7876021/|title=‘Following Cafe format’: Zepto says not doing 10-minute food delivery in Mumbai}}</ref>

==See also==
* [[List of unicorn startup companies]]

==References==
{{reflist|2}}

==External links==
*{{Official website|https://www.zeptonow.com/}}

{{DEFAULTSORT:Zepto}}
[[Category:Companies based in Mumbai]]
[[Category:Indian companies established in 2021]]
[[Category:Online grocers]]
[[Category:Online retailers of India]]

Zepto - Revision history

WikiDwarf: Reverted edit by 172.68.166.158 (talk) to last revision by Ajay Kumar

172.68.166.158: minor changes added extra information

Ajay Kumar: Creating a new article