Zepto Reaches New Heights with $5 Billion Valuation in India’s Quick Commerce Sector
Wednesday, 14 August 2024, 03:28
Zepto’s Recent Funding Round
Zepto has successfully finalized a $340 million funding round that has increased its valuation to $5 billion, up from $3.6 billion in June. This fresh capital underscores the intense competition within India's quick commerce sector.
Details of the Funding
- Co-lead Investors: General Catalyst and Mars Growth Capital
- Funding Rounds: Series G
The quick commerce market in India is becoming increasingly contested, attracting significant investments and innovative startups.
Conclusion
This funding will help Zepto enhance its growth strategy and capture more market share in a rapidly evolving industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.