
Work Here?
ZeptoNow delivers groceries and daily essentials through an online platform. Customers use a mobile app on Android and iOS to browse products, place orders, and arrange delivery, with emphasis on fast fulfillment. Revenue comes from commissions on each sale made through the platform, and the service stands out with its quick delivery and broad product catalog. The goal is to make grocery shopping quick and convenient by delivering orders straight to customers’ doors with minimal wait.
Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
Late Stage VC
Total Funding
$2.5B
Headquarters
Bengaluru, India
Founded
2021
People at Zepto who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$2.5B
Above
Industry Average
Funded Over
14 Rounds
Remote Work Options
Hybrid Work Options
Parental Leave
Mental Health Support
Professional Development Budget
Stock Options
Zepto revenue doubles in FY26 as losses widen to Rs 5,905 crore ahead of IPO. Head of Marketing Quick commerce major Zepto doubled its FY26 revenue to Rs 22,624 crore even as losses widened to Rs 5,905 crore, according to its updated draft red herring prospectus (UDRHP) filed with the Securities and Exchange Board of India (SEBI). The Aadit Palicha-led company disclosed the numbers as it prepares for a planned Rs 8,010 crore fresh-issue IPO expected in July 2026. Zepto FY26 revenue and financial performance. Zepto's revenue from operations rose nearly 104% to Rs 22,624 crore in FY26 from Rs 11,110 crore in FY25. Including other income of Rs 505 crore from sources such as interest on fixed deposits, total income stood at Rs 23,128 crore for the year. Sale of products remained the largest stream, contributing about 78% of operating revenue. This segment grew 92% to Rs 17,588 crore. Revenue from warehousing, packaging and last-mile services more than doubled to Rs 2,780 crore, advertising revenue rose 2.5X to Rs 1,636 crore, and platform services added Rs 564 crore. Total expenses climbed 79% to Rs 29,027 crore. Procurement of products, the biggest cost component at 63% of spending, rose 90% to Rs 18,199 crore. Delivery and handling expenses surged more than 90% to Rs 3,046 crore, while employee benefit expenses increased 44% to Rs 1,785 crore, including Rs 557 crore in non-cash ESOP charges. Software-related expenses grew 31% to Rs 300 crore. Despite the revenue jump, Zepto losses widened about 26% to Rs 5,905 crore from Rs 4,700 crore in FY25. The adjusted EBITDA loss stood at Rs 5,042 crore, though the adjusted EBITDA loss per order improved sharply to Rs 78.75 from Rs 136.15, pointing to better unit economics. ROCE and EBITDA margin were negative 74.8% and 23.18% respectively. By year-end, current assets stood at Rs 9,638 crore, including cash and bank balances of Rs 973 crore. Zepto dark stores and quick commerce operations in FY26. Zepto operated 1,139 dark stores at the end of FY26, up from 1,029 a year earlier, delivering more than 46,600 products within 10 minutes. Orders per store per day rose to 2,140 from 1,425. The platform processed around 64 crore orders during the year, averaging over 17 lakh orders a day. Its annual transacting user base grew 25% to 4.79 crore users as of March 2026. For the January-March quarter, revenue surged 75.26% to Rs 7,498 crore, while net loss narrowed to Rs 1,539 crore from Rs 1,832 crore a year earlier and was down 9% sequentially. Zepto IPO: fresh issue, offer for sale and fund use. Zepto's IPO comprises a fresh issue of shares worth Rs 8,010 crore and an offer for sale (OFS) of 11.35 crore shares by existing investors, taking the estimated total size to around Rs 11,000 crore. The company is also weighing a Rs 1,602 crore pre-IPO placement, which would be deducted from the fresh-issue size if completed. The listing could value Zepto at around USD 10 billion, up from USD 7 billion in its last funding round. Co-founders Aadit Palicha and Kaivalya Vohra, along with promoter entities, are not selling any shares in the OFS. The promoter group holds 18.47% of the company. Selling shareholders are largely early institutional backers, including Nexus Venture Partners, Contrary Capital, Razor Ventures and Kaiser Foundation entities. Proceeds will fund dark store expansion, rentals for existing stores, technology and cloud infrastructure, and marketing through subsidiary Zepto Marketplace. A portion is earmarked for acquisitions and general corporate purposes. Enforcement Directorate summons and IPO risk factors. In its updated DRHP, Zepto disclosed that founders Aadit Palicha and Kaivalya Vohra received Enforcement Directorate (ED) summons in April 2026 under FEMA provisions. The agency sought details on foreign investments, FY21 audited statements, shareholding records, loans and income-tax filings. Both founders appeared before the agency and submitted the requested information, and the company said it had received no further communication as of the filing date. Zepto flagged its history of operating losses and regulatory scrutiny among key risk factors. What Zepto's FY26 numbers mean for the quick commerce market. Zepto enters the public market amid intense quick commerce competition in India. Rivals Blinkit and Swiggy Instamart also reported strong FY26 growth, with the sector expanding beyond groceries into electronics, beauty, fashion and home essentials. The central question for investors is whether Zepto can convert rapid topline growth into sustainable profit. An improving EBITDA loss per order and a narrowing March-quarter loss suggest progress, but widening annual losses and heavy expansion spending remain concerns. A successful listing would mark one of India's most closely watched new-age technology debuts, testing investor appetite for a standalone quick commerce player still operating at a loss.
Zepto and Royal Canin launch 'only Paws' - A first-of-its-kind pet-only social event in Bengaluru. In a unique move to strengthen community engagement within the pet ecosystem, Zepto has partnered with Royal Canin to introduce "Only Paws" - an exclusive, pet-centric social event set to take place in Bengaluru on March 28. Conceptualised around a simple yet compelling idea - what if pets had a better social life than humans - the initiative aims to create a vibrant, interactive space dedicated entirely to pets. The event promises an environment filled with play zones, treats, and curated experiences designed to encourage socialisation among pets and their owners. "Only Paws" is positioned as an invite-based gathering, adding an element of exclusivity. Pet parents are required to apply for entry, with participation limited to selected attendees, ensuring a curated and engaging experience. The event is being co-powered by the Allana Group, with participation from several leading players in the pet care ecosystem, including Mars Petcare, Drools, Vetic, Carniwel, Smylo, and Hachi Wilson Inc, among others. This collaboration highlights a growing trend in India's pet industry - moving beyond products and services to experiential engagement. By blending community-building with brand interaction, "Only Paws" reflects how pet-focused companies are increasingly investing in lifestyle-driven initiatives to deepen consumer connection. As the Indian pet care market continues to evolve, such events signal a shift toward building not just pet-friendly products, but pet-inclusive experiences.
Swiss Beauty collaborates with Zepto on hybrid ai-led film, marking the return of viral Jelly Verse Glow Stick. New Delhi: Swiss Beauty's viral makeup sensation, the Jelly Verse Glow Stick, has been restocked following overwhelming consumer demand and is now available on Zepto, with delivery in minutes. To mark this moment, Swiss Beauty and Zepto have come up with a hybrid AI-led and live-action brand film, celebrating the product's restock and its instant accessibility via Zepto. Since its launch, Jelly Verse has become a runaway hit, selling over 100,000 units across all sales channels and gaining traction across digital and social platforms. Its innovative jelly-bouncy texture, high-shine payoff, and multi-use versatility have made it one of the most talked-about products in the Indian beauty market. Commenting on the restock and Zepto availability, Mohit Goyal, Co-Founder & Director, Swiss Beauty: "Jelly Verse reflects the direction in which the beauty industry is evolving, where innovation in texture, sensorial experience, and instant accessibility come together to create products that truly excite consumers. The overwhelming response to Jelly Verse has reinforced its belief that today's beauty users actively seek formats that are playful, versatile, and trend-forward. The restock is a response to this incredible consumer demand, and its partnership with Zepto enables FM Live to bring that excitement to consumers almost instantly. Quick commerce is redefining how beauty is discovered and purchased, and through this collaboration, FM Live is ensuring that high-demand, viral products like Jelly Verse are available exactly when consumers want them. The collaboration between Swiss Beauty and Zepto ensures that the popular Jelly Verse Glow Stick reaches consumers swiftly, meeting the high demand. Sharing his perspective on the collaboration, Pankaj More, Senior Vice President - Category Management, Zepto, said: "Beauty today is increasingly driven by trends, discovery, and impulse. Consumers see a product online and want to try it instantly. By bringing Jelly Verse to Zepto, we're turning that moment of discovery into delivery within minutes. Our collaboration with Swiss Beauty reflects how quick commerce is expanding beyond essentials to include high-demand, culturally relevant beauty innovations exactly when the excitement is at its peak." The Swiss Beauty Jelly Verse Glow Stick features a bouncy, jelly-like texture infused with aqua, providing a refreshing cooling sensation with every glide. Designed as a 3-in-1 multi-use product, it can be applied to eyes, lips, and cheeks for a dewy, luminous finish. Available in 6 Shades: Star Shower | Bronzed Eclipse | Solar Flash | Moon Drip | Orbit Gleam | Twilight Beam With Jelly Verse now restocked and available on Zepto, Swiss Beauty continues to expand its footprint across quick-commerce platforms, making high-demand beauty products instantly accessible to consumers. The brand remains committed to delivering innovative, trend-led, and user-friendly products that resonate with modern beauty enthusiasts across India.
Besharam brings sexual wellness to 'Zepto Prom Night' event. NEW DELHI - Besharam participated in Zepto's Prom Night event in Mumbai, making it one of the first sexual wellness brands to do so. According to a rep, the event is a Valentine's Day-themed cultural event featuring vendors and influencers, and Besharam's Experience Hub activation marked one of the first times adult wellness products were showcased at a mainstream lifestyle event in India. The company's installation was visited by 100 creators, had 65 people participate in its interactive game-based activity, and 43 attendees won massagers at the showcase. "Our live demonstrations highlighted how modern sexual wellness products increasingly combine technology, personalization, and wellness-focused design," said the rep. "Visitors were also introduced to emerging trends in the category, including app-enabled toys, AI-supported concepts, and VR-integrated experiences that represent the next wave of global innovation. "Importantly, the activation focused on education, curiosity, and playful engagement rather than shock value - creating an environment where attendees could ask questions, explore products, and participate without feeling judged," the rep added. Besharam co-founder Raj Armani enthused about the event. "Besharam translates to 'shameless,' but for us it represents confidence, authenticity, and freedom from stigma," he said. "Events like Zepto Prom Night allow us to engage with people in a fun, authentic setting while normalizing conversations around pleasure, relationships, and wellness. When people interact with these products openly, curiosity replaces hesitation." More news. CalExotics has introduced its new Endless Summer collection of three vibrators. Mar 11, 2026 Orion Wholesale has introduced four new pleasure products from its Beau Coeur collection. Mar 11, 2026 Motorbunny has announced that it is providing retailers with travel accessories for its rideable sex machines and other pleasure products at wholesale prices for a limited period. Mar 9, 2026 Anastasia's Bedroom, a Canadian-based online retailer, has debuted its Lightly Loved Lingerie collection. Mar 6, 2026 LELO has introduced its new Surfer 2 anal plug. Mar 6, 2026 Its Erotic Journey has introduced five new vibrators from its Cristal Collection. Mar 5, 2026 Michigan-based retail chain Nice & Naughty has appointed Chris Fleiger as its new director of operations. Mar 5, 2026 XBIZ Retreat will return to Cabo San Lucas Aug. 17-21, bringing together top LATAM retail buyers and pleasure product brands for a week of dealmaking and networking. Mar 5, 2026 Orion Wholesale has introduced its Oral Fun vibrator line. Mar 5, 2026 A judge for the U.S. Court of International Trade on Wednesday ordered U.S. Customs and Border Protection to refund duties paid under the Trump administration's sweeping program of tariffs. Mar 5, 2026
Zepto has raised $450 million in fresh funding but immediately laid off 200–300 employees and postponed its IPO, signalling a fight for survival rather than market dominance. The quick commerce startup's market share has fallen from 29% to 23–25%, whilst Blinkit has surged past 50%. The company's diversification efforts faltered badly. Zepto Cafe has halved its daily orders and shut over 50 outlets, whilst Zepto Medicine lags behind established competitors like Tata 1mg. Meanwhile, Blinkit operates 1,814 dark stores compared to Zepto's estimated 800–1,000. Zepto has reduced monthly cash burn from INR 250 crore to double digits and is refocusing on core grocery delivery. However, it faces intensifying competition as JioMart plans 400 new dark stores, adding pressure to an already brutal market.
Find jobs on Simplify and start your career today
Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
Late Stage VC
Total Funding
$2.5B
Headquarters
Bengaluru, India
Founded
2021
Find jobs on Simplify and start your career today