Quick commerce unicorn Zepto, led by Aadit Palicha, has raised ₹75 crore from Mumbai-based non-banking financial company Elcid Investment. The funding round, disclosed in regulatory filings, is part of a broader capital-raising strategy as the startup prepares for its much-anticipated public listing next year.

This investment, while modest in size, signals increasing investor confidence in Zepto’s business fundamentals and market position. The deal reportedly values the company between $5 billion and $5.9 billion, marking a significant step up from previous rounds. Despite representing a small equity share of less than 0.04%, the capital infusion from Elcid adds to a growing base of backers supporting Zepto’s aggressive expansion and profitability targets.

Zepto has seen a meteoric rise in revenue, clocking over ₹11,000 crore in FY25 — a dramatic jump from ₹4,454 crore the previous year. The company credits this growth to operational efficiency, rapid scale-up of dark stores, and strong consumer demand across metros. With most of its micro-warehouses reportedly EBITDA positive, Zepto is positioning itself as one of the most resilient players in India’s fiercely competitive quick commerce sector.

Originally planning an IPO in 2025, Zepto has now pushed its public debut to FY26 to better align its financials and regulatory structure. A reverse-flip to India and a name change to Zepto Private Limited are already underway. These strategic shifts are aimed at boosting domestic ownership and investor trust ahead of filing the Draft Red Herring Prospectus.

As Zepto ramps up for a larger funding round expected to bring in over $500 million, the Elcid deal reinforces the startup’s momentum and underlines continued faith in the long-term viability of quick commerce in India.