Kaiser Permanente backed the India-based rapid delivery challenger as it squares up against bigger rivals.

Just six months after emerging from stealth mode, Zepto, the Indian 10-minute grocery delivery already has a valuation close to $900m, after a raising  $200m in series D funding from investors including healthcare provider Kaiser Permanente, TechCrunch reported. Y Combinator’s Continuity Fund led the round, which also included Nexus Venture Partners, Contrary Capital, Glade Brook…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.