Zepto Company Details - Founders & IPO

Zepto is a quick commerce company that delivers online groceries and other essentials. It was founded in 2021, and its app quickly emerged as one of top 10 grocery delivery apps in India. In this blog post, we shall discuss Zepto company, its founder, IPO and much more.

What is Zepto?

Zepto was established in July 2021 as a quick commerce company for delivering online groceries, fruits, vegetables, electronics, personal hygiene products, skincare products, apparels, toys, make up and many other products. The company is headquartered in Bengaluru, Karnataka. 

Zepto was founded by Aadit Palicha and Kaivalya Vohra - two childhood friends who attended Stanford University together. They were studying Computer Sciences when they decided to drop out of college to build a ten-minute-delivery startup which is now valued at over $5 billion.

Zepto is known for pioneering 10-minute home delivery of daily essentials, and operates in ten major cities across India. With a workforce of over 1,000 employees, it delivers more than 5,000 products within just ten minutes. This impressive achievement is made possible through strong tech capabilities and a network of highly optimized delivery centers across India. 

Zepto Founder Details

The details of the Zepto founders are provided below:

1. Aadit Palicha

Date of Birth: 15 January 2001 Age: 24 years Nationality: Indian Education: High School: IB Diploma in Mathematics & Computer Science from GEMS Education. Admitted to Stanford University for Computer Science, but dropped out to work on Zepto. Employment History: Co-Founder & CEO at Zepto (Apr 2021 - Present), Founder & CEO (till Mar 2021), Founder at GoPool (May 2018 to Apr 2020) and Project Lead at PryvaSee (Jul 2019 - Mar 2020).

2. Kaivalya Vohra

Date of Birth: March 15, 2003  Age: 22 in 2025 Nationality: Indian Education: Completed schooling from Dubai college. Attended Stanford University for Computer Science but dropped out to focus on Zepto. Employment History: Co-Founder at Zepto (Apr 2021 - Present), CTO and Founder at KiranaKart (May 2020 - Mar 2021).

Funding Rounds of Zepto 

The list below provides details regarding all the funding rounds of Zepto:

Source: Tracxn

Zepto Revenue & IPO Details

Zepto reported a major revenue increase that rose 149.4% to Rs. 11,110 crore in the financial year 2025 (FY25), compared to Rs. 4,454 crore in FY24. This impressive growth was supported by an investment of Rs. 7.5 crore from Elcid Investments - a Mumbai-based NBFC. With this funding, Elcid Investments acquired a 0.039% stake in Zepto. 

Earlier this year in May, Motilal Oswal and Raamdeo Agrawal (the co-founders of Motilal Oswal Financial Services Ltd) had purchased Zepto shares worth $100 million. Each of them invested $50 million. 

As of now, Zepto has filed Draft Red Herring Prospectus (DHRP) yet. However, according to sources, the company plans to go public either in late 2025 or early 2026. In January of this year, Zepto moved its domicile from Singapore to India to comply with listing regulations. 

Conclusion

Zepto is a leading quick commerce company in India. It was founded just a few years back in 2021. However, in just a short span of time, it became popular among individuals who prefer to order groceries online. As of now, the company has not launched an IPO. It is yet to file its Draft Red Herring Prospectus. 

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Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment/financial/legal advice. It must be noted that we do not guarantee the complete accuracy of the information provided in this article. We are not responsible for any losses or damages arising from the use of this information. Readers are advised to consult a qualified professional for making investment/financial decisions.

Frequently Asked Questions (FAQs)

Q1. When was Zepto founded?

A. Zepto was founded in July 2021.

Q2. Who is Zepto Founder?

A. Zepto has two founders: Aadit Palicha and Kaivalya Vohra.

Q3. What is Zepto’s FSSAI license number?

A. Zepto’s FSSAI license number is 11224999000872.

Q4. What is Zepto IPO launch date?

A. Zepto IPO’s launch date has not been announced yet.

Q5. What is Zepto IPO allotment date?

A.  Zepto IPO’s allotment date has not been announced yet.

Q6. What is Zepto IPO issue size?

A. Zepto IPO issue size has not been announced yet.

Q7. Who is the Registrar of Zepto Initial Public Offering (IPO)?

A. As of now, the Registrar for the IPO of Zepto Company has not been announced.

Q8. When did Zepto file the DHRP document?

A. Zepto has not filed the DHRP document yet.

Q9. Who is the CEO of Zepto?

A. The Zepto CEO is Aadit Palicha. He is also the co-founder of the Zepto company.

Q10. What is Zepto IPO price band?
A. The price band for the Zepto IPO has not been announced yet.

Author: Manish Kumar

I’m Manish Kumar, a content management specialist. I simplify complex financial and regulatory topics into clear, insightful content. As a regular contributor to the Registrationwala portal, I provide updates on finance, Tax, government schemes, compliance, and other incorporation information. My goal is to keep you informed about key industry developments and their impact.