General Catalyst led a $340m funding round in Zepto.

General Catalyst, a US-based venture capital firm, led a $340m funding round in Zepto, India's fastest growing e-grocery company. "The opportunity to bring onboard a lead investor of Neeraj Arora’s calibre from General Catalyst was one we couldn't pass on. Strengthening our balance sheet is a strategic move, particularly as the company continues to deliver robust growth and operating leverage," Aadit Palicha, Zepto CEO.