Mumbai, July 2025 — India’s fastest-growing quick-commerce startup, Zepto, is set to raise $450–500 million in a fresh funding round, pushing its valuation to a staggering $7 billion, according to reports from Moneycontrol.
This marks a sharp 40% jump from Zepto’s previous valuation of $5 billion during its 2023 fundraise.
Backed by Top Global VCs
The round will reportedly be led by existing investors General Catalyst and Avenir Growth, with participation from other current backers on a pro-rata basis. The company is also engaging with new global funds to complete the round.
Founded in 2021 by Stanford dropouts Aadit Palicha and Kaivalya Vohra, Zepto has scaled rapidly, operating over 250 dark stores across 10 major Indian cities. Its 10-minute grocery delivery model has redefined urban convenience shopping and placed it at the forefront of India’s competitive quick-commerce sector.
IPO Prep on the Horizon?
This funding round could further delay Zepto’s IPO timeline, as the company now has sufficient capital to fuel aggressive expansion without going public in the immediate term.
Zepto’s last raise of $1.35 billion made headlines, and this new capital is expected to boost its supply chain, enhance delivery infrastructure, and deepen market penetration across Tier 1 and 2 cities.
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