"10-minute delivery isn’t dead. It just got a $665M adrenaline shot." Zepto, the 10-minute grocery delivery startup, just raised a whopping $665 million in its Series E round at a $3.6 billion valuation — making it one of India’s fastest-growing unicorns. Backed by Glade Brook, Nexus, StepStone Group, and Avenir, this funding wave comes at a time when most quick-commerce rivals are either slowing down or shifting models. What’s the big deal? Founded by Stanford dropouts Aadit Palicha and Kaivalya Vohra, Zepto is redefining grocery delivery — one dark store at a time. With over 500 stores across 10 cities, their hyperlocal fulfillment model is a mix of data science and logistics magic. Why it matters: • Indians aren’t just scrolling fast — they want things fast. • Zepto hit profitability in key cities and is betting on a nation-wide blitz. • This round gives it a war chest to fend off Swiggy Instamart & Blinkit. Would you like more posts like these?
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