Zepto to raise $450 million-$500 million at $7 billion valuation: Report

Grocery and food delivery startup Zepto is set to raise $450 million to $500 million in fresh funding, at a new post-money valuation of $7 billion, up 40% from last year, CNBC TV-18 reported on Wednesday, citing sources.

The quick commerce player, which competes with listed firms Swiggy and Zomato’s parent Eternal, is preparing for a public listing, and in January, moved its base to India from Singapore.

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