Zepto may go for another funding round to raise $250 million

Quick commerce unicorn Zepto which recently raised $665 million at a valuation of $3.6 billion, is likely to go for another round of fund raise of $250 million on the back of investor interest. Sources said that the fresh round is likely to be at a higher valuation of $4.6 billion and the fund raise may even touch $400 million.

The round is likely to see General Catalyst coming on board as an investor, sources said. Sovereign funds such as KKR, Singapore’s GIC and Abu Dhabi Investment Authority (ADIA), are also understood to have shown interest, sources added.