The Ledger
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Palicha: Zepto raised $9M, $50M, and $100M rounds in four months
“But even from a capital perspective, we went from, like, effectively the hundred, 125 K from YC to, like, a nine million dollar round To a fifty million dollar round to a hundred million dollar round in like four months.”
Tan: Zepto does 1.5M daily orders with $3B GMV at $5B valuation
“There are up to 1.5 million orders a day across 50 cities throughout India, with over three billion dollars in GMV and growing 300% a year. And they're a unicorn at a five billion dollar valuation.”
Palicha: Zepto has over 3,000 corporate employees
“Today we've got, like, 3000 plus corporate employees, right? And mainly ops folks”
Palicha: Zepto Now Offers 45,000 to 50,000 Products for Quick Delivery
“And, you know, today we're doing not like, you know, 708 hundred products. We're doing now almost 45,000 to 50,000 products that you can order. Everything from like, you know, oranges and apples all the way to earphones and hoodies.”
Palicha: Zepto began as a WhatsApp grocery delivery group for neighbors
“So we just decided to hack around, work on a project, and it just started off as like a WhatsApp group where we were delivering groceries for our neighbors, because it was a nightmare to get groceries in the first wave of the pandemic.”