Zepto to raise $450 million-$500 million at $7 billion valuation: Report

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Synopsis

Zepto, a fast-growing Indian grocery and food delivery startup, is reportedly raising $450–$500 million in new funding at a $7 billion valuation—marking a 40% increase from last year.

Image for Zepto to raise $450 million-$500 million at $7 billion valuation: ReportAgencies
Aadit Palicha, CEO, Zepto
Grocery and food delivery startup Zepto is set to raise $450 million to $500 million in fresh funding, at a new post-money valuation of $7 billion, up 40% from last year, CNBC TV-18 reported on Wednesday, citing sources.

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Zepto to raise $450 million-$500 million at $7 billion valuation: Report


Synopsis

Zepto, a fast-growing Indian grocery and food delivery startup, is reportedly raising $450–$500 million in new funding at a $7 billion valuation—marking a 40% increase from last year.

Image for Zepto to raise $450 million-$500 million at $7 billion valuation: ReportAgencies
Aadit Palicha, CEO, Zepto
Grocery and food delivery startup Zepto is set to raise $450 million to $500 million in fresh funding, at a new post-money valuation of $7 billion, up 40% from last year, CNBC TV-18 reported on Wednesday, citing sources.

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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