Zepto is in advanced stages of talks to raise $ 100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which allows customers in multiple Indian cities order grocery, […]
Zepto, snagging $1 billion in 90 days, projects 150% annual growth
Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an […]
Zepto hits $5B valuation as quick commerce heats up in India
Zepto has finalized a $ 340 million round that increases its valuation to $ 5 billion, up from $ 3.6 billion in June, as the startup races to win market share in India’s contested quick commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, according to people familiar with the […]
Zepto, a 10-minute delivery app, raises $665 million at $3.6 billion valuation
Zepto has more than doubled its valuation to $ 3.6 billion from $ 1.4 billion in less than a year in a new funding round of $ 665 million as the Mumbai-based startup intensifies the quick commerce competition in the world’s second largest internet market. Zepto sells and delivers everything from grocery items to electronic […]