Zepto Raises $450 Million at $7 Billion Valuation as Indian Quick Commerce Market Heats Up

Zepto Raises $450 Million At $7 Billion Valuation

Quick commerce major Zepto on Thursday said that it has raised USD 450 million (about Rs 3,757.5 crore) in a funding round led by the California Public Employees' Retirement System (CalPERS) at a...

Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up

Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement

India Rapid-Commerce Startup Zepto’s Valuation Hits $7 Billion

Zepto has secured $450 million in funding ahead of a public listing set to take place next year, underscoring growing investor interest in a fast-growing corner of Indian e-commerce.

Zepto Raises $450 Mn At $7 Bn Valuation

Quick commerce major Zepto has raised nearly $450 Mn (around INR 3,955 Cr) in a funding round led by US-based pension fund California Public Employees’ Retirement System (CalPERS).  The round was a mix of primary and secondary capital, with primary transaction accounting for a large part. It also saw participation from existing investors including Avenir, Avra, Lightspeed, Glade Brook, the Stepstone Group, and Nexus Venture Partners.  Earlier so…

Bengaluru-based quick grocery delivery startup Zepto raised $450M from Goodwater, General Catalyst, and others at a $7B valuation, as it prepares for an IPO

Sankalp Phartiyal / Bloomberg: Bengaluru-based quick grocery delivery startup Zepto raised $450M from Goodwater, General Catalyst, and others at a $7B valuation, as it prepares for an IPO  —  Zepto has secured $450 million in funding ahead of a public listing set to take place next year, underscoring growing investor interest …