Zepto closes $450-million round led by US pension fund Calpers; valuation hits $7 billion
By
Mathew C S
Quick commerce platform Zepto has closed a $450-million round in a mix of primary and secondary transactions, founder and CEO Aadit Palicha said. Without disclosing the breakup of the round, Palicha said that the primary funding valued the company at $7 billion, up from $5 billion ascribed to it last year.
