Zepto raises $340 mn in Series G funding, valuation shoots to $5 bn

In a Series G funding round, quick commerce start-up Zepto has raised $340 million from a clutch of investors. With this, the company’s valuation has shot up to $5 billion, according to an Outlook Business report.

Series G round is typically used for companies that are on to their next stage of growth, gearing up for an IPO or acquisition, or expansion into a new market.