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Zepto Secures $1 Billion in Funding, Valuation Soars to $5 Billion

  • Zepto raises $340 million in fresh round led by General Catalyst
  • Total fundraise hits $1 billion in two months, valuation reaches $5 billion
  • Company plans public market debut in 12-18 months
  • Zepto's FY23 revenue jumps 1,335% YoY to Rs 2,024 crore
  • Quick commerce market attracts government attention due to potential impact on small retailers

Source: Moneycontrol

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IamBiztechStudent3mo

Zepto is on its way to $5 Bn valuation.

Zepto is in talks in order to raise $310 millions at the valuation of $5 Bn dollars , why they are raising so much money ,Are they really trying to capture the market share in quick eCommerce domain by first come and dictate ideology or...

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The Morning Vine 🍇

Good morning! Too much has happened in the last 24 hours, we’re going double the size of our 5 news a day quota - here we go:

𝐈𝐧𝐝𝐢𝐚 𝐓𝐞𝐜𝐡 🇮🇳

𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 �...

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