Zepto to raise $310 million, valuing quick-commerce firm at $5 billion
By
Binu Mathew
Mumbai-based quick-commerce firm Zepto is set to raise an additional $310 million, pushing its valuation to $5 billion — a 40 per cent increase from its last funding round just over a month ago, according to a report by The Economic Times. This new round of financing will bring Zepto’s total fundraising to nearly $1 billion in two successive rounds for the three-year-old company.
Zepto funding round may reach $350 million