Quick-commerce platform Zepto to raise $500 million in fresh funding: Report
Online grocery delivery startup Zepto is set to raise $450-500 million in fresh funding, says a report by CNBC-TV18. The company’s existing investors, such as Avenir, General Catalyst and others, are participating in the latest funding round, says the report.
With the latest funding round of about $500 million, the company could be valued at $7 billion, marking a 40 percent increase in the company’s valuation in about 7 months’ time. Earlier in November 2024, when Zepto raised $350 million, it was valued at $5 billion.
