ADVERTISEMENT
Quick commerce unicorn Zepto has announced the launch of Zepto Pharmacy, by which the company aims to deliver medicines in under 10 minutes. Taking to social media, Aadit Palicha, Co-Founder and CEO, Zepto, said that the service is live now in select areas in cities like Mumbai, Bengaluru, Delhi-NCR, and Hyderabad.
"Over the past 12 months, the team has worked tirelessly to perfect the customer experience, supply chain, and compliance at a small scale, and we want to grow it steadily from here. Our objective is to keep operational standards extremely high and not scale too rapidly given the complexity of this category," Palicha said.
September 2025
2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.
Zepto, founded by Palicha and Kaivalya Vohra , has been in the news lately because of its plans to go public. In early June, the company had confirmed to Fortune India that it plans to go for an IPO in early 2026.
“The company co-founders had long set anywhere between late 2025 and early 2026 as the IPO deadline. Either way, the plan has not been to defer or delay, but just to find an opportune moment to do so,” a company spokesperson had said.
Later this year, Zepto could file its Draft Red Herring Prospectus (DRHP), aiming to raise $800 million.
Importantly, as talks intensify about its IPO, the company also saw industry heavyweights, like Motilal Oswal and Raamdeo Agrawal, each purchasing shares worth $50 million (or approximately ₹425 crore) in their personal capacity in Zepto, with the development showing increasing investor confidence in the quick commerce startup.
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.