Entreprenuernewsnetwork

Zepto a grocery delivery startup doubles its valuation after $100M funding

December 21, 2021 by Entreprenuernewsnetwork

Zepto, a 10-minute grocery delivery service, has raised $100 million (Rs 755 crore) in a new round of funding, valuing the company at $570 million. The Series C financing was headed by Y-Continuity Combinator’s Fund. Existing backers such as Nexys Venture Partners, Glade Brook Capital Partner, Contrary Capital, and private investor Lachy Groom also participated … Read more

Grocery delivery startup Zepto raises $60M

November 1, 2021 by Entreprenuernewsnetwork

Zepto, a Mumbai-based grocery delivery firm, announced on Monday that it has raised $60 million in an early-stage fundraising round, valued at $225 million, to expand its 10-minute grocery delivery nationwide. Zepto, founded in June 2021 by two 19-year-olds Aadit Palicha and Kaivalya Vohra, claims to deliver food and supplies in 10 minutes with its … Read more