# Zepto funding: rounds and investors

> Zepto has raised $673M across 4 rounds since 2022. Investors include General Catalyst, Goodwater Capital and Nexus Venture Partners.

Source: https://millionrounds.com/company/zepto (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Zepto*

4 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Services Delivery Financial Services Food & Beverage

Raised 3 months ago Valuation: $7.0B, Mar 2026 Y Combinator: W21

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Funding summary Updated 5 Nov 2026

**$673M** raised across 4 rounds since 2022, from 5 sources

**$19M** Series A **$100M** Round **$450M** Growth **$105M** Round

- **Latest round:** Round, $105M Jul 2026
- **Biggest round:** $450M Growth · Oct 2025
- **Investors:** 12 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$19M** Series A

**$100M** Round

**$450M** Growth

**$105M** Round

- **First round:** Series A, $19M
- **Biggest round:** $450M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jul 2026** Round **$105M** *4 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Glade Brook](https://millionrounds.com/fund/glade-brook) Reported by Inc42
- **Oct 2025** Growth **$450M** *11 new* [California Public Employees' Retirement System (CalPERS)](https://millionrounds.com/fund/california-public-employees) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Avenir](https://millionrounds.com/fund/avenir) [Avra](https://millionrounds.com/fund/avra) [Glade Brook](https://millionrounds.com/fund/glade-brook) [The StepStone Group](https://millionrounds.com/fund/the-stepstone-group) Reported by TechCrunch and 1 other
- **Oct 2024** Round **$100M** No investor was named in the report. Reported by TechCrunch
- **Mar 2022** Series A **$19M** *1 new* [Airtree Ventures](https://millionrounds.com/fund/airtree) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2022 **Round** 2024 **Growth** 2025 **Round** 2026 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Glade Brook](https://millionrounds.com/fund/glade-brook) [California Public Employees' Retirement System (CalPERS)](https://millionrounds.com/fund/california-public-employees) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Airtree Ventures](https://millionrounds.com/fund/airtree) [Avenir](https://millionrounds.com/fund/avenir)

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **2** rounds

[Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) VC firm **2** rounds

[Glade Brook](https://millionrounds.com/fund/glade-brook) Private equity **2** rounds

[California Public Employees' Retirement System (CalPERS)](https://millionrounds.com/fund/california-public-employees) Institutional LP **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) VC firm **1** round

[Airtree Ventures](https://millionrounds.com/fund/airtree) VC firm **1** round

[Avenir](https://millionrounds.com/fund/avenir) VC firm **1** round

[Avra](https://millionrounds.com/fund/avra) VC firm **1** round

[The StepStone Group](https://millionrounds.com/fund/the-stepstone-group) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zepto).

## Also claim to have backed them

These 8 firms list Zepto as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Breyer Capital](https://millionrounds.com/fund/breyer-capital) Private equity Per its own site

[Glade Brook Capital Partners](https://millionrounds.com/fund/glade-brook-capital) VC firm Per its own site

[2am VC](https://millionrounds.com/fund/2am-vc) VC firm Per its own site

[Alphatron Capital](https://millionrounds.com/fund/alphatron-capital) VC firm Per its own site

[Fibonacci X](https://millionrounds.com/fund/fibonacci-x) Accelerator Per its own site

[Mehta Ventures](https://millionrounds.com/fund/mehta-ventures) Family office Per its own site

[Nordstar](https://millionrounds.com/fund/nordstar) VC firm Per its own site

[Zone II Ventures](https://millionrounds.com/fund/zone-ii-ventures) VC firm Per its own site

## Quick answers about Zepto

### Who invested in Zepto?

Zepto's investors include General Catalyst, Goodwater Capital, Nexus Venture Partners, Glade Brook and California Public Employees' Retirement System (CalPERS), and 7 more on record.

### How much has Zepto raised?

Zepto has raised $673M across 4 rounds since 2022.

### When did Zepto last raise?

Zepto's most recent round was an Undisclosed round of $105M in Jul 2026.

### What was Zepto's biggest round?

Zepto's largest round on record is $450M (Growth), in Oct 2025, led by California Public Employees' Retirement System (CalPERS).

### Who backed Zepto first?

Zepto's first round on record, in Mar 2022, was backed by Airtree Ventures.

### What stage is Zepto at?

Zepto's latest named round is an Undisclosed round, in Jul 2026.

### Where is Zepto based?

Zepto is based in India.

### Who led Zepto's rounds?

California Public Employees' Retirement System (CalPERS) led the Growth in 2025.

## Companies like Zepto

In the same sector, and raised in the last eighteen months.

[**Blitz** $9.0M · Nov 2026](https://millionrounds.com/company/blitz)[**Peppermint Robotics** $26M · Nov 2026](https://millionrounds.com/company/peppermint-robotics)[**Ottonomy** $4.7M · Nov 2026](https://millionrounds.com/company/ottonomy)[**PowerUp Money** $22M · Nov 2026](https://millionrounds.com/company/powerup-money)[**Dispatch Network** $527K · Nov 2026](https://millionrounds.com/company/dispatch-network)[**Holiday Tribe** $2.9M · Oct 2026](https://millionrounds.com/company/holiday-tribe)

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