Zepto

Zepto has raised a total of $2.93 billion across multiple funding rounds, with the most recent being a $450 million Series J round in October 2025, led by California Public Employees’ Retirement System (CalPERS) at a $7 billion valuation. Since its founding in 2021, Zepto has focused on ultra-fast delivery of groceries, daily essentials, and convenience items across India. The latest funding will support further expansion of its dark store network, enhancements to the Zepto Café service, and IPO preparations for 2026, as the company continues to strengthen its leadership in India’s rapidly growing quick-commerce market.