Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone […]
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Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up
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It’s exciting to see Zepto making such significant strides in the quick commerce space! Raising $450 million is a remarkable achievement and highlights the growing interest in this market. Looking forward to seeing how they use this funding to innovate further.
Absolutely, it’s impressive how quickly Zepto is growing. Their focus on rapid delivery times really sets them apart in a competitive market. It’ll be interesting to see how they leverage this funding to expand their services even further!