Tiger Global conducts due diligence of Zepto dark stores as it eyes quick commerce

US investor Tiger Global is conducting due diligence at Zepto’s dark stores in the city, indicating strong interest in the startup that is now valued at $5 billion, multiple people aware of developments said.

An early backer of Flipkart, Tiger has of late been sparing in its investments worldwide, but now appears to have set sights on the buzzing Indian quick commerce sector.