Zepto Raises $31 Million in Funding

Zepto is an online grocery delivery startup that has become the go-to choice for thousands of residents seeking a convenient and efficient way to shop for their daily essentials. With its user-friendly mobile app and website, customers can effortlessly browse through a vast selection of groceries from the comfort of their own homes or on the go. In addition to their core services, Zepto also offers a subscription-based membership program that provides customers with exclusive perks and benefits, such as free and fast deliveries and discounts on products

Zepto has raised another $31.25 million in an extended Series E funding round. The fresh funding has come from Goodwater Capital, Nexus Venture Partners, angel investors Oliver and Lish Jung, and Mangum II LLC. Zepto’s valuation remains unchanged at $1.4 billion. In total, the company has raised $625 million till that moment. 

Zepto, Parel, Maharashtra, India, was founded in 2020 by Aadit Palicha and Kaivalya Vohra. Zepto’s interface ensures a seamless shopping experience, allowing users to add products to their cart, make secure payments, and choose their preferred delivery slot with just a few taps.

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