ZEPTO

About the Company

Zepto is an Indian quick-commerce company headquartered in Bengaluru.It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. As of August 2024, the company is valued at over $5 billion and operates over 250 dark-stores across ten metropolitan areas in India.

Aadit Palicha started KiranaKart with Kaivalya Vohra in 2020 when they were 17 years old. Palicha and Vohra skipped college to start Zepto, instead raising capital from Contrary, which offered to invest if they dropped out of Stanford University.

Palicha and Vohra originally branded the company as KiranaKart and focused on facilitating grocery delivery by partnering with local kirana stores, but that approach did not gain traction. They also participated in Y Combinator‘s accelerator program while building out the first version of the platform.

In 2021, the company rebranded to Zepto and verticalized the operation, building a network of dark stores to fulfill orders. In April 2022, Zepto launched Cafe, a division focused on delivery of coffee and ready-to-eat food. In February 2023, the company launched Bloom, a platform for farmers to manage food production and distribute goods from villages to cities.

Zepto and other major delivery platforms including Zomato, Blinkit, and Swiggy employ over 3 million gig workers. The company began a paid membership program in February 2024,which has over 4 million subscribers as of April 2024.

In 2024, Zepto moved its headquarters from Mumbai to Bengaluru.