Zepto to raise $500 Mn at $7 Bn valuation: Report

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Quick commerce firm Zepto is in advanced talks to raise $500 million in a new funding round led by existing backers General Catalyst, Avenir, and others, according to a Moneycontrol report.

The round is expected to value the Mumbai-based startup at around $7 billion, a significant jump from its previous valuation of $5 billion when it raised $350 million in November 2024. In total, the Aadit Palicha-led company raised $1.35 billion in 2024.

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Zepto to raise $500 Mn at $7 Bn valuation: Report


Quick commerce firm Zepto is in advanced talks to raise $500 million in a new funding round led by existing backers General Catalyst, Avenir, and others, according to a Moneycontrol report.

The round is expected to value the Mumbai-based startup at around $7 billion, a significant jump from its previous valuation of $5 billion when it raised $350 million in November 2024. In total, the Aadit Palicha-led company raised $1.35 billion in 2024.

This development comes shortly after…



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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