positive
Recently
Zepto raises $400 million at $7 billion valuation to fuel expansion
No Image
Zepto raised $400M at a $7B valuation led by CalPERS to expand dark stores and fleet, with IPO plans for 2026 underway.
Quick-commerce leader Zepto raised $400 million in new funding led by CalPERS, valuing the company at $7 billion — a 40% increase from 2024. The round included participation from StepStone and Nexus Ventures. Zepto plans to expand dark-store infrastructure across 12 cities and double its delivery fleet by Q2 2026. The company also hinted at a 2026 IPO, making this one of the largest private capital raises in India’s consumer-tech sector this year.