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Jun 21, 2024 · Series F round comes as Mumbai-based startup aims to become profitable before launching IPO. Zepto said on Friday it has raised $665 million in a funding round that doubled its valuation to $3.6 billion and marks one of the largest financing in quick commerce this year.
Jun 21, 2024 · Zepto raises $665 million at $3.6 billion valuation in biggest funding round this year. Sources said that DST Global, an early investor in Swiggy also participated in the round.
Jun 21, 2024 · ETtech. Aadit Palicha (left) and Kaivalya Vohra, cofounders, Zepto. Zepto has received $665 million in a funding round where the value of the pure-play quick commerce major has more than doubled to $3.6 billion, bolstering its position in India’s red-hot quick commerce sector.
- Ettech
Jun 20, 2024 · Zepto has raised a massive $665 million in a new round of funding, more than doubling its valuation to $3.6 billion from $1.4 billion in less than a year, as the Mumbai-based startup doubles...
Jun 21, 2024 · Quick-commerce platform Zepto has raced its way to the biggest fundraise so far this year, as it reshapes India’s e-commerce sector forcing giants including Walmart Inc.-backed Flipkart and...
Aug 25, 2023 · The timing of Zepto’s fundraising is significant, given the slump in investments into growth- and late-stage startups on the one hand and the correction being witnessed in the quick-commerce segment on the other. The startup had last raised $200 million in May 2022, at a valuation of $900 million.
Jan 5, 2024 · The maiden funding round of $9.8 million happened in July 2021. Around 60 days later, Zepto closed $42.4 million in Series-B. In the next sixty days, in December 2021, Palicha scooped $110...
