Vidhu Duggal & Co....
Zepto Raises Its Best Round of $665M at 2.6x Valuation

26 Jun, 2024

By Vidhu

624 Likes

Zepto Raises Its Best Round of $665M at 2.6x Valuation

πŸš€ Zepto Raises Its Best Round of $665M at 2.6x Valuation πŸš€

Zepto, with a market share of 28%, has raised an impressive $665 million at a valuation of $3.6 billion, marking the largest round of funding this year by an Indian startup. 🌟

How Zepto is Planning to Use the Funds:

  • Expansion of Market: Including cities like Jaipur and Chandigarh 🌍
  • New Investors: 40% of the investors are new in this round πŸ’Ό
  • Investors List: Glade Brook Capital, StepStone Group, Nexus Ventures & Goodwater Capital 🏦

This milestone showcases Zepto's growth and the confidence investors have in its potential. Exciting times ahead! πŸ’₯