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Zapp, a UK-based instant grocery delivery startup, has raised $200M in a Series B round. Lightspeed Venture Partners, 468 Capital, and BroadLight Capital, among others, participated in the investment round to help Zapp raise funds. Customers can use the app to quickly order and get drinks, snacks, groceries and other essential items delivered within no time. The company offers delivery services and has Zappstores (small fulfilment centres) across Bristol, Amsterdam, Manchester, Cambridge, and Rotterdam. Zapp is experimenting with the soft launch of its services in Paris and will expand to other European nations soon. The startup will use the funds to upgrade its technology and customer service.

To read more, visit CBInsights

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