Y Combinator led a $200m Series D round in Zepto.

Y Combinator, a private equity fim, led a $200m Series D round in Zepto, a grocery delivery platform, with participation from Nexus Venture Partners, Glade Brook Capital, Lachy Groom, Kaiser Permanente and Contrary. “It is getting clearer in the space that there will be an Amazon and Flipkart-type of scenario... and for us, the intent was to accelerate that trend. The objective here is just to get into a position where we have enough currency to start consolidating in the next year," Aadit Palicha, Zepto Co-Founder and CEO.