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CosmicTaco

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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by WobblyBiscuitCustomer Experience

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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