Zepto secures $450M funding, valuation jumps to $7B
Indian quick-commerce firm Zepto raised $450 million in a new round, pushing its valuation to $7 billion. Investors include CalPERS, General Catalyst, and Lightspeed. The capital will support expansion, logistics, and build-up ahead of IPO. Zepto competes with Blinkit and Instamart in the fast delivery space. The round signals strong confidence in hyperlocal commerce in India’s tier-1 and tier-2 cities.
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1 day ago
Zepto secures $450M funding, valuation jumps to $7B
Indian quick-commerce firm Zepto raised $450 million in a new round, pushing its valuation to $7 billion. Investors include CalPERS, General Catalyst, and Lightspeed. The capital will support expansion, logistics, and build-up ahead of IPO. Zepto competes with Blinkit and Instamart in the fast delivery space. The round signals strong confidence in hyperlocal commerce in India’s tier-1 and tier-2 cities.
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Zepto secures $450M funding, valuation jumps to $7B
2 days ago
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Zepto raises $450M, valuation reaches $7B as it readies for growth and eventual IPO.
Indian quick-commerce firm Zepto raised $450 million in a new round, pushing its valuation to $7 billion. Investors include CalPERS, General Catalyst, and Lightspeed. The capital will support expansion, logistics, and build-up ahead of IPO. Zepto competes with Blinkit and Instamart in the fast delivery space. The round signals strong confidence in hyperlocal commerce in India’s tier-1 and tier-2 cities.
Indian quick-commerce firm Zepto raised $450 million in a new round, pushing its valuation to $7 billion. Investors include CalPERS, General Catalyst, and Lightspeed. The capital will support expansion, logistics, and build-up ahead of IPO. Zepto competes with Blinkit and Instamart in the fast delivery space. The round signals strong confidence in hyperlocal commerce in India’s tier-1 and tier-2 cities.