Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO
Celebrities like actor Abhishek Bachchan and cricketer Sachin Tendulkar also joined the round, acquiring stakes in the company, Zepto confirmed
Zepto, the rapid delivery start-up, has retained its $5 billion valuation in its latest funding round, attracting notable investors such as Motilal Oswal’s Raamdeo Agrawal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, Claypond Capital, and the Cello Family Office.
Additionally, the round saw participation from other prominent players, including the Haldiram Snacks Family Office, Sekhsaria Family Office, Kalyan Family Office, Happy Forgings Family Office, and Mothers Recipe Family Office (Desai Brothers). Celebrities like actor Abhishek Bachchan and cricketer Sachin Tendulkar also joined the round, acquiring stakes in the company, Zepto confirmed.
Media reports revealed that at least three investors — Motilal Oswal’s Agrawal, Bachchan, and Tendulkar — had previously backed Zepto’s rival, Swiggy, underscoring their continued faith in the growing quick-commerce sector.
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Initially planning to raise $150 million, Zepto increased the round size to accelerate its vision of becoming a domestically owned company. “When we started, domestic investors were hesitant to take risks on young entrepreneurs. Today, we’re proud to have earned their trust and executed a fundraise of this scale,” said Aadit Palicha, CEO and co-founder of Zepto, in a statement.
The company’s rapid ascent reflects the sector's growth. Zepto had raised $665 million in June at a $3.6 billion valuation, followed by $340 million in August, pushing its valuation to $5 billion. Over the last five months alone, Zepto has secured $1.3 billion of its nearly $2 billion total funding.
The quick commerce industry has evolved from being a convenience to an essential service in just a few years. Valued at $5.5-$6 billion within four years, the sector continues to attract significant investor attention, highlighting its potential to reshape modern consumer habits. Zepto’s continued success positions it as a major player in India’s burgeoning quick-commerce market, with investors betting big on its growth trajectory.