Quick-commerce firm Zepto raises $665 mn in funding, valued at $3.6 bn

Zepto said on Friday it has raised $665 million in a funding round that doubled its valuation to $3.6 billion and marks one of the largest financing in quick commerce this year.

The Series F round was co-led by existing investors StepStone Group, Nexus Venture Partners, Glade Brook Capital, Goodwater, and Lachy Groom. New investors Avenir Growth, Lightspeed Venture Partners, and Avra also joined.