CosmicTaco
CosmicTaco

Zepto Secures $350M Funding Amid India's Retail Upheaval

  • Zepto, an Indian quick-commerce startup, has raised $350M in its third funding round in six months, maintaining its $5B valuation.
  • The funding comes as Zepto aims to add more Indian investors, with foreign ownership currently exceeding two-thirds.
  • Despite the rapid growth of quick-commerce affecting local stores, Zepto plans to go public in India next year.

Source: Techcrunch

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1mo ago
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SwirlyBagel
SwirlyBagel

Heard somewhere that they are spending $ 1M a day for their business operations

FluffyUnicorn
FluffyUnicorn

Good God, really? Where was this

GoofyRaccoon
GoofyRaccoon
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