{"id":849868,"date":"2024-08-30T09:32:42","date_gmt":"2024-08-30T04:02:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849868"},"modified":"2024-08-30T09:44:51","modified_gmt":"2024-08-30T04:14:51","slug":"zepto-adds-340-million-to-basket-valuation-at-5-billion-ahead-of-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/30\/zepto-adds-340-million-to-basket-valuation-at-5-billion-ahead-of-ipo\/","title":{"rendered":"Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO"},"content":{"rendered":"<p>Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). <\/p>\n<p>This is Zepto\u2019s third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months. <\/p>\n<p>According to people in the know, Zepto was planning to raise $400 million but restricted it to $340 million so that equity dilution for existing investors was not disturbed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto\u2019s third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months. According to people in the know, Zepto was planning to raise $400 million but restricted it to $340 million so that equity dilution for existing investors was not disturbed.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-849868","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849868"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849868\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}