Zepto Joins Unicorn Club with $200M Funding — Fast Commerce Gets Real

Zepto, the Mumbai-based 10-minute grocery delivery startup, has officially joined India’s unicorn club with a fresh $200 million Series D round led by Tiger Global and Lightspeed Ventures. With this round, Zepto is now valued at $1.4 billion, making it one of the fastest-growing startups in the hyperlocal space.

Founded by Stanford dropouts Aadit Palicha and Kaivalya Vohra, Zepto promises ultra-fast deliveries under 10 minutes. It now plans to expand aggressively into Tier-2 cities like Jaipur, Coimbatore, and Indore.

Industry Impact:
Zepto’s growth signals increasing investor confidence in India’s fast-commerce ecosystem. With Blinkit, Swiggy Instamart, and Zepto in the race, consumers are the ultimate winners — but profitability remains a big question.