Zepto to raise $650 million at $3.5-billion valuation - Moneycontrol

Jun 13, 2024 · The fresh round will more than double Zepto's valuation from $1.4 billion to $3.5 billion as investors remain bullish on the company growth potential in the quick commerce …

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Zepto To Raise $650 Million At $3.5-billion Valuation - Moneycontrol

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Jun 13, 2024 · The fresh round will more than double Zepto's valuation from $1.4 billion to $3.5 billion as investors remain bullish on the company growth potential in the quick commerce …

moneycontrol.com

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Zepto To Secure $650 Million Funding, Boosting Valuation To

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Jun 13, 2024 · Zepto, an instant grocery delivery startup, is on the verge of securing approximately $650 million from both existing and new investors.This investment is set to …

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Zepto's Upcoming $650Mn Funding Round To Value Startup At …

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Jun 14, 2024 · This round of investment comes just eight months after Zepto’s successful fundraising in August 2023, when the company secured $231 million at a valuation of $1.4 billion.

thetechportal.com

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Zepto To Secure $650 Million Funding, Boosting Valuation To $3.5 …

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Zepto, an instant grocery delivery startup, is on the verge of securing approximately $650 million from both existing and new investors. This investment is set to catapult its valuation to a ...

msn.com

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Zepto's $650 Million Funding Round Propels Valuation To $3.5

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Jun 13, 2024 · Zepto, the instant grocery delivery startup, is set to raise approximately $650 million from both existing and new investors, bringing its valuation to $3.5 billion. This reflects …

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Zepto Raises Another $350M Amid Retail Upheaval In India

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6 days ago · Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors …

techcrunch.com

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Sources: Indian Rapid Grocery Delivery Startup Zepto Plans To Raise ...

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Jun 13, 2024 · Sources: Indian rapid grocery delivery startup Zepto plans to raise ~$650M co-led by Nexus and StepStone at a $3.5B valuation, up from $1.4B in August 2023 — Nexus and its …

techmeme.com

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Rapid Grocery Delivery Firm Zepto Bags $340m In Financing

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Sep 2, 2024 · Zepto had a 28% share of the Indian market as of January 2024, up from 15% in March 2022, according to HSBC. Indian online grocery delivery app, Zepto, has secured $340 …

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Indian Rapid Grocery Delivery Firm Zepto Bags $340m In Follow-on ...

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Aug 30, 2024 · Indian online grocery delivery app, Zepto, has secured $340 million in a follow-on financing round, placing the company at a $5 billion in valuation following its previous …

retailtechinnovationhub.com

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Zepto Secures $350Mn In Third Fundraise This Year

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6 days ago · Zepto, the Indian quick commerce firm, has now secured $350 million in its third funding round in six months. The latest infusion of funds was led by Motilal Oswal Private …

thetechportal.com

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Indian Grocery Delivery Firm Zepto Raises $350 Million In New …

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5 days ago · Indian grocery delivery startup Zepto has secured $350 million in its third funding round this year, maintaining its $5 billion valuation. The Bengaluru-based company has now …

indiatimes.com

FAQs about Zepto to raise $650 million at $3.5-billion valuation - Moneycontrol Coupon?

Will zepto raise $650 million in a year?

This will be the company’s second large fundraise in under a year’s time. Instant grocery delivery startup Zepto will raise around $650 million from existing and new investors at a valuation of $3.5 billion, underscoring the high interest in India's booming quick commerce sector, people aware of the development told Moneycontrol. ...

Who will lead zepto's $650 million funding round?

Nexus and StepStone Group are expected to lead the funding round by contributing a majority of the total $650 million. This investment marks one of Nexus's largest ever and underscores the firm's confidence in Zepto's growth potential. The quick commerce sector in India is currently dominated by Blinkit, with a market share of about 40-45%. ...

Who is funding zepto?

Nexus Venture Partners and StepStone Group are spearheading the round, contributing the majority of the funds. This funding surge comes on the heels of Zepto’s last major capital infusion in August 2023, when the Y Combinator-backed startup raised $231 million at a $1.4 billion valuation. ...

Will zepto's new round double its valuation?

The fresh round will more than double Zepto's valuation from $1.4 billion to $3.5 billion as investors remain bullish on the company growth potential in the quick commerce segment. The large-ticket fundraise comes even as several late-stage companies still recover from a funding winter that has gripped the Indian startup ecosystem from late-2022. ...

How much did zepto raise in 2024?

The Bengaluru-based company has now raised over $1.3 billion in 2024, reflecting the growing demand for quick commerce services in India. Indian grocery delivery startup Zepto has raised $350 million in a new funding round, its third in five months, but leaving its valuation unchanged at $5 billion, the company said on Friday. ...

Will zepto get a second Big fundraise in a year?

For Zepto, however, the case seems to be different. This will be the company’s second large fundraise in under a year’s time. The Y Combinator-backed startup raised $231 million in August 2023 from StepStone Group, Goodwater Capital and other investors at a valuation of $1.4 billion. ...