Zepto Appoints Nikhil Mittal As Chief Technology Officer

Jan 24, 2024•over 1 year ago

Position

Chief Technology Officer

Company

Zepto

Nikhil Mittal

India

Description

Zepto appoints Nikhil Mittal as Chief Technology Officer (CTO), and elevates Ankit Agarwal as Chief Product Officer.

Company Information

Company

Zepto

Location

India

About

The startup, whose name playfully uses a mathematical term to describe the business, offers a 10-minute grocery delivery service. 19-year-old Palicha said these dark stores, which the startup has set up and owns, are designed and optimized for fast deliveries. Nexus and Y Combinator as well as angel investors Lachy Groom, Neeraj Arora, and Manik Gupta participated in the round, which according to two people familiar with the matter, values Zepto between $200 million and $300 million.

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