Zepto emerges as first 2023 unicorn with $1.4 billion valuation after landmark funding round

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Zepto emerges as first 2023 unicorn with $1.4 billion valuation after landmark funding round

Founded in 2021 by Aadit Palicha and Kaivalya Vohra, both Stanford University dropouts, Zepto's rise to unicorn status is anchored in its innovative approach to quick commerce. With a laser focus on operational excellence, Zepto has transformed the majority of its dark stores into fully EBITDA-positive entities, showcasing its unparalleled adaptability and strategic prowess.