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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
2mo ago3K views
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Curated from across
Zepto going from $1B to $3B valuation in just 8-9 months after last announcement.
I think in this bear market, to be able to raise like this, says something about how much investors believe in them & the model https://thearcweb.com/article/zepto-quick-commerce-aadit-palicha-blinkit-swiggy-flipkart-if07YMNjRHiOjmFA
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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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:
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𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 �...