Indian Unicorn Zepto's Valuation Surges to $5B After Raising $360M

Zepto, a Mumbai-based quick commerce company, raised $360 million in a follow-on financing round, boosting its valuation to $5 billion, a 39% increase from its previous fundraise barely …

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Indian Unicorn Zepto's Valuation Surges To $5B After Raising $360M

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Zepto, a Mumbai-based quick commerce company, raised $360 million in a follow-on financing round, boosting its valuation to $5 billion, a 39% increase from its previous fundraise barely …

forbesmiddleeast.com

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Indian E-Commerce Unicorn Zepto Raises $360 Million, Bumping …

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Aug 30, 2024 · Zepto, a Mumbai-based quick commerce unicorn, raised $360 million in a follow-on financing round barely three months after its June fund raise, boosting its valuation to $5 …

forbes.com

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India's Zepto Raises $340 Mln At $5 Bln Valuation | Reuters

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Aug 29, 2024 · Indian grocery startup Zepto said on Thursday it has raised $340 million in a fresh round, just two months after its last fundraise. ... India's Zepto raises $340 mln at $5 bln …

reuters.com

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[Funding Alert] Zepto's Valuation Surges To $5 Bn Following $310 …

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Aug 12, 2024 · Zepto is set to raise an additional $310 million, bringing the company's valuation to $5 billion, a significant 40 percent increase from its last funding round, which closed just over a …

indianretailer.com

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Zepto - Forbes

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Jun 23, 2024 · Zepto, a Mumbai-based quick commerce unicorn, raised $360 million in a follow-on financing round barely three months after its June fund raise, boosting its valuation to $5 billion.

forbes.com

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Zepto Hits $5 Billion Valuation In Latest Big India Commerce Bet

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Aug 30, 2024 · Indian online grocer Zepto’s valuation climbed about 40% to $5 billion in a funding round led by General Catalyst Partners, marking the latest major bet by foreign investors in the …

bloomberg.com

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Zepto Raises $200 Million At $1.4 Billion Valuation, Becomes First ...

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Aug 25, 2023 · Zepto raises $200 million at $1.4 billion valuation, becomes first Indian unicorn in nearly a year. By M. Sriram. August 25, 2023 1:32 PM UTC Updated ago Zepto logo is seen …

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Unicorn Drought Ends As Zepto Raises $200 Million At $1.4 Billion …

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Aug 25, 2023 · Mumbai-based quick-commerce platform Zepto has raised $200 million in fresh capital at a valuation of $1.4 billion, making it the first unicorn to be minted in India in almost a …

indiatimes.com

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Zepto Becomes India' First Unicorn Of 2023; Raises $200 Mn At $1.4 …

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Aug 25, 2023 · Ending the startup unicorn drought in India, quick commerce company Zepto has become the first unicorn of 2023 by raising $200 million at a valuation of $1.4 billion in Series …

fortuneindia.com

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After Becoming Unicorn, Zepto Is Targeting $3 Billion Valuation …

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Apr 2, 2024 · According to an ET report, Zepto is in discussions with investors to raise at least $300 million in funding at a valuation of around $2.5-$3 billion. Previously, the quick commerce …

indianstartupnews.com

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Zepto Becomes India's First 2023 Unicorn, Raises $200M At $1.4B ...

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Zepto, an instant grocery startup founded by a duo of Stanford University dropouts, both 20, raised fresh funds at a $1.4 billion valuation, creating a rare Indian unicorn amid a gloomy …

hindustantimes.com

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How Zepto Emerged As India's 111th Unicorn ... - Indian Startup …

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Dec 17, 2023 · A startup co-founded by two young entrepreneurs emerged as a unicorn despite these adversities. In late August 2023, Zepto surprisingly became a unicorn after raising $200 …

indianstartupnews.com

FAQs about Indian Unicorn Zepto's Valuation Surges to $5B After Raising $360M Coupon?

Will zepto become a unicorn in 2023?

Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday, at a time when most Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, becoming the first Indian startup to attain the unicorn status in 2023. ...

How did zepto become a unicorn?

A startup co-founded by two young entrepreneurs emerged as a unicorn despite these adversities. In late August 2023, Zepto surprisingly became a unicorn after raising $200 million in a fresh funding round at a valuation of $1.4 billion. ...

Is zepto the first unicorn minted in India?

Mumbai-based quick-commerce platform Zepto has raised $200 million in fresh capital at a valuation of $1.4 billion, making it the first unicorn to be minted in India in almost a year. ...

Did zepto raise $340 million in a fresh round?

Aug 29 (Reuters) - Indian grocery startup Zepto said on Thursday it has raised $340 million in a fresh round, just two months after its last fundraise. In the latest round led by General Catalyst, the three-year-old company was valued at $5 billion, a sharp rise from $3.6 billion in June. ...

How did zepto become India's 111th unicorn startup?

Let's take a look at Zepto's journey, its founders, and how it unexpectedly became India's 111th startup to achieve a valuation of more than $1 billion, popularly referred to as a unicorn startup. How did it start? Zepto was founded in 2021, a year after COVID hit India, by two 21-year-old boys, Aadit Palicha and Kaivalya Vohra. ...

Why did zepto join the unicorn startup club?

Zepto's addition to the unicorn startup club was unexpected, as it was the only Indian startup to achieve this status at a time when funding in the Indian startup ecosystem had decreased by 70% compared to the previous year, primarily due to global economic fluctuations and a shift in investor focus. ...