Zepto

Zepto is India's fastest-growing quick commerce platform, delivering groceries and essentials in just 10 minutes. Founded in July 2021 by two 19-year-old Stanford dropouts, Aadit Palicha and Kaivalya Vohra, the company has revolutionized the Indian e-commerce landscape with its hyper-fast delivery model. Operating through a network of over 1,000 dark stores across 35 cities, Zepto processes more than 1.1 million orders daily, making it one of the world's most downloaded food and drink apps in 2024.

The company's rapid ascent has been remarkable, growing from a startup to a $7 billion unicorn in just four years. Zepto has raised over $2.3 billion in funding from leading investors including Y Combinator, General Catalyst, and CalPERS. With a market share of approximately 29% in India's quick commerce sector, Zepto competes with Blinkit (46% market share) and Swiggy Instamart (25% market share) in a market projected to reach $9.95 billion by 2029.

Zepto's success stems from its innovative dark store model and technology-driven logistics, achieving a median delivery time of 8 minutes and 47 seconds. The company has expanded beyond groceries into categories like electronics, fashion, and prepared food through Zepto Cafe. With 75% of its stores already EBITDA positive and plans for an IPO in 2026, Zepto is positioned as a leader in India's quick commerce revolution, serving millions of customers who demand instant gratification in their daily shopping needs.