The grocery startup sector contains a diverse set of companies from around the world. India's Reliance Retail is the most valuable company on the list at $101B.
The space also includes rapidly growing companies like Zepto, which reached a $7B valuation two years after its 2021 founding. Other startups focus on specific areas like B2B distribution and subscription boxes for organic food.
Below is the full list of 10 Grocery unicorn startups at this time.
Top 10 Most Valuable Grocery Unicorns
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Get the Sheet for $50Reliance Retail has built an extensive network of retail formats across India, ranging from local grocery stores to large supermarkets and specialty shops. This diverse portfolio allows them to serve millions of Indian consumers with everything from daily groceries and consumer goods to fashion and electronics.
| Valuation | $101B |
| Headquarters | Mumbai, Maharashtra, India |
| Year Founded | 2006 |
| Founders | Mukesh Ambani |
| Funding Amount | $8.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | TPG, Silver Lake, GIC, General Atlantic, Abu Dhabi Investment Authority |
Xingsheng Youxuan runs a community e-commerce platform for groceries and everyday household items. Their model is built around group purchasing, allowing entire neighborhoods to consolidate orders for daily necessities.
| Valuation | $12B |
| Headquarters | Changshahsien, Hunan, China |
| Year Founded | 2018 |
| Founders | Lihua Yue |
| Funding Amount | $5.2B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Primavera Capital Group, Tencent, Ontario Teachers' Pension Plan, HSG, Temasek Holdings |
Zepto built a quick-commerce platform to deliver groceries and other essentials in just a few minutes. They fulfill orders at high speed using a network of strategically located dark stores designed for rapid packing and dispatch.
| Valuation | $7B (Joined August 2023) |
| Headquarters | Parel, Maharashtra, India |
| Year Founded | 2021 |
| Founders | Aadit Palicha, Kaivalya Vohra |
| Funding Amount | $2.6B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series H |
| Top Investors | General Catalyst, Goodwater Capital, Y Combinator, Lightspeed Venture Partners, Nexus Venture Partners |
Weee! provides an online grocery delivery service that specializes in Asian and Hispanic foods. Their platform offers a mix of specialty products and everyday staples, bringing hard-to-find ingredients directly to customers.
| Valuation | $4.1B (Joined March 2021) |
| Headquarters | Fremont, California, United States |
| Year Founded | 2015 |
| Founders | Larry Liu |
| Funding Amount | $862.8M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Tiger Global Management, VMG Partners, Lightspeed Venture Partners, Amino Capital, Goodwater Capital |
Ninja runs a quick commerce platform that delivers groceries and other essentials to customers in minutes. Their app provides a fast and convenient way to shop for a wide range of everyday items.
| Valuation | $2B (Joined July 2025) |
| Headquarters | Riyadh, Ar Riyad, Saudi Arabia |
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $254M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | VII Ventures, Bunat Ventures, Riyad Capital, ALTIA Investment, Tamasuk Al Rajhi |
Misfits Market runs a subscription service that delivers organic produce and other groceries directly to customers. They specialize in rescuing high-quality food that might otherwise be wasted due to cosmetic imperfections, offering it at a reduced price.
| Valuation | $2B (Joined April 2021) |
| Headquarters | Clackamas, Oregon, United States |
| Year Founded | 2018 |
| Founders | Abhi Ramesh, Edward Lando |
| Funding Amount | $526.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Valor Equity Partners, Collide Capital, Quiet Capital, SoftBank Vision Fund, Accel |
DealShare operates a social e-commerce platform for groceries and other multi-category consumer products. Their model centers on group buying, allowing users to share deals on social apps like WhatsApp to unlock lower prices.
| Valuation | $2B (Joined January 2022) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2018 |
| Founders | Rajat Shikhar, Sankar Bora, Sourjyendu Medda, Vineet Rao |
| Funding Amount | $390.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Titan Capital, Alpha Wave Global, WestBridge Capital, Z47, Tiger Global Management |
Jumbotail operates a B2B e-commerce marketplace connecting food and grocery brands to thousands of Kirana stores in India. Their platform provides these small retailers with a full-stack service that includes warehousing, fulfillment, payments, and credit solutions.
| Valuation | $1B |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2015 |
| Founders | Ashish Jhina, S. Karthik Venkateswaran |
| Funding Amount | $298.6M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Arkam Ventures, InnoVen Capital, Nexus Venture Partners, Alteria Capital, Kalaari Capital |
Rohlik Group runs one of Europe's leading e-grocery services, delivering a full range of groceries to customers in several countries. They are known for a tech-powered logistics operation that ensures a fast and high-quality delivery experience.
| Valuation | $1B |
| Headquarters | Karlín, Hlavni mesto Praha, Czech Republic |
| Year Founded | 2014 |
| Founders | Marek Sacha, Tomas Cupr |
| Funding Amount | $878.1M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Index Ventures, KAYA, European Bank for Reconstruction and Development, Quadrille Capital, European Investment Bank |
Picnic created an online-only supermarket that delivers groceries and other fast-moving consumer goods. They are known for their scheduled neighborhood delivery routes using a fleet of compact electric vehicles.
| Valuation | $1B |
| Headquarters | Amsterdam, Noord-Holland, The Netherlands |
| Year Founded | 2015 |
| Founders | Bas Verheijen, Daniel Gebler, Frederik Nieuwenhuys, Joris Beckers, Michiel Muller |
| Funding Amount | $1.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series E |
| Top Investors | Flying Fish Partners, ABN AMRO Fund, Vulcan, Alumni Ventures, Bill & Melinda Gates Foundation |