technology

19-yr-old Stanford dropouts grocery delivery app Zepto doubles valuation to $570 mn

19-yr-old Stanford dropouts grocery delivery app Zepto doubles valuation to $570 mn

Zepto, a 10-minute grocery delivery app founded by 19-year-old Stanford dropouts Aadit Palicha and Kaivalya Vohra, has raised $100 million in a new funding round, taking its valuation to $570 million. The round was led by growth-stage investor YC Continuity. Less than two months ago, the startup raised $60 million in its first institutional round at a $225 million valuation. .

technology 2021-12-21 Inshorts