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

26 Jun, 2024

By CA

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

๐Ÿš€ Zepto Raises Its Best Round of $665M at 2.6x Valuation ๐Ÿš€

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. ๐ŸŒŸ

How Zepto is Planning to Use the Funds:

  • Expansion of Market: Including cities like Jaipur and Chandigarh ๐ŸŒ
  • New Investors: 40% of the investors are new in this round ๐Ÿ’ผ
  • Investors List: Glade Brook Capital, StepStone Group, Nexus Ventures & Goodwater Capital ๐Ÿฆ

This milestone showcases Zepto's growth and the confidence investors have in its potential. Exciting times ahead! ๐Ÿ’ฅ