Zippee funding, investors and company details

Zippee is an emerging Logistics startup from Gurugram, working in the space of Zippee operates in the quick commerce logistics industry, a fast-growing segment of e-commerce fulfillment in India.. Founded by Madhav Kasturia.

Company: ZFW HOSPITALITY PRIVATE LIMITED
Sector: Logistics
Location: Gurugram
Founders: Madhav Kasturia
Total funding raised: ₹9.31 Cr

Company overview

Zippee (formerly ZFW Dark Stores) is India's leading quick commerce logistics platform, founded in January 2021 by Madhav Kasturia (CEO) and Angad Singh. Headquartered in Gurugram with ~1,200 employees, it operates 125-200+ dark stores across 21 cities, enabling D2C brands like Epigamia, Lenskart, Haldiram's, and Clinikally to offer 30-120 minute deliveries directly from their websites. Enable brands to deliver Amazon Prime-like speed (same-day/30-min) without building their own infrastructure, boosting loyalty, cutting costs, and scaling quick commerce nationwide.Zippee provides a full-stack fulfillment tech platform with API integration, cloud inventory management, eco-friendly fleets, and reverse logistics, processing 9 lakh orders in Feb 2026 while targeting INR 50 Cr ARR. Backed by VCs and unicorn founders, valued at ₹176 Cr, it reduces RTOs by up to 90% via hyperlocal dark store networks.

Funding rounds

Latest round: $ 1.20 Mn (₹9.31 Cr.), 2022-05-24. Investors: Riso Capital, SEA Fund, Lead Fund, marquee founder angels