New Delhi: At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340 million in a follow-on financing round, taking the company’s valuation to $5 billion. General Catalyst led the round, with Dragon Fund, and Epiq … Read more
Mumbai: Quick e-commerce platform Zepto on Friday said it has secured $340 million in a follow-on financing round, taking the company’s valuation to $5 billion after its previous fundraise in June. General Catalyst led the round, with Dragon Fund, and Epiq Capital joining as new investors. Existing investors such as StepStone, Lightspeed, DST, and Contrary … Read more
Zepto had a valuation of $1.4 billion in August 2023, when the company last raised $235 million. This is the second funding round for Zepto in less than a year; the latest round saw participation from New York-based Avenir Growth Capital and Lightspeed Venture Partners as well as a maiden investment from Avra Capital Grocery … Read more
