Zepto, a 10-minute grocery delivery app, raises $200 million at $900 million valuation

Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute-delivery service to more cities in India and grow its network of dark stores.
Existing backer Y Combinator Continuity led Zepto’s Series D round, valuing the Mumbai-headquartered startup at about $900 million, up from $570 million in its December Series C round and $225 million in a round unveiled in late October.
Kaiser Permanente, the giant healthcare firm, which also operates a venture arm, as well as all key existing investors including Nexus Venture Partners, Glade Brook Capi

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