Zepto raises $340 million, mops up $1 billion this year

Aug 30, 2024  · India Business News: Zepto, a quick commerce startup, has raised $340 million led by General Catalyst, valuing the company at $5 billion in 2024. Following a previous $665


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Zepto Raises $340 Million, Mops Up $1 Billion This Year

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Aug 30, 2024  · India Business News: Zepto, a quick commerce startup, has raised $340 million led by General Catalyst, valuing the company at $5 billion in 2024. Following a previous $665

indiatimes.com

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Zepto Raises $340M At A $5B Valuation As India's Quick-commerce …

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Aug 14, 2024  · Indian instant delivery startup Zepto has finalized a $340 million round that values it at $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to …

yahoo.com

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Big Billion Day: Zepto About To Close Fresh $340 Million Round Led …

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Aug 14, 2024  · Quick commerce startup Zepto has reached a deal to raise $340 million in a new funding round that will now value the three-year-old startup at $5 billion, sources said, as …

moneycontrol.com

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Zepto Bags $340 Million From General Catalyst, Others; Raises $1 ...

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Zepto's valuation is now seen at $5 billion, which marks an over three-fold increase as compared to the valuation of $1.4 billion in August 2023. IPO likely next year. Zepto c-founder and chief …

upstox.com

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Zepto Adds $340 Million To Basket; Valuation At $5 Billion Ahead Of …

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Aug 29, 2024  · In August last year, Zepto raised $235 million in a series E funding at a $1.4 billion valuation to become a unicorn. Before that, the firm had raised $60 million in October 2021. In …

business-standard.com

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Zepto Valuation Reaches $5Bn In Fresh $340Mn Fundraise

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Aug 14, 2024  · Initially, Zepto aimed to raise $400 million in this round, but the company opted to cap the funding at $340 million. Of this amount, $250 million comes from General Catalyst, …

thetechportal.com

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

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5 days ago  · Zepto raised $665 million in June and $340 million in August, valuing the company at $5 billion. It has raised over $1.9 billion during its lifetime, according to data from information …

indiatimes.com

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Zepto Raises Another $350M Amid Retail Upheaval In India

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6 days ago  · Zepto, which serves a total of more than 7 million orders in over 17 cities daily, is on track to record annualized sales of $2 billion, according to an investor presentation reviewed …

techcrunch.com

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How Zepto Raised $1.05 Billion In Two Months: ‘Couldn't Pass ...

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Zepto raised $340 million on August 29 after closing the first $665 million round on June 21. Since being founded in 2021, Zepto has raised around $1.5 billion in total.

hindustantimes.com

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Zepto Secures Another $350 Million Fund Raise Round

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6 days ago  · Zepto secures $350 million fundraise from Indian investors, gearing up for IPO with total funds raised at $1 billion.

thehindubusinessline.com

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Zepto Adds $340 Million To Basket; Valuation At $5 Billion Ahead Of …

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Aug 30, 2024  · In August last year, Zepto raised $235 million in a series E funding at a $1.4 billion valuation to become a unicorn. Before that, the firm had raised $60 million in October 2021.

rediff.com

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Indian Grocery Delivery Firm Zepto Raises $350 Million In New

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Zepto raised $665 million in June and $340 million in August, valuing the company at $5 billion. It has raised over $1.9 billion during its lifetime, according to data from information provider ...

msn.com

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Zepto Raises $350 Mn, Surpasses $1.35 Bn In Funding For 2024

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6 days ago  · With this, Zepto has raised a total of $1.35 billion in 2024 and $1.85 billion since its inception. In August, it secured $340 million in funding at a $5 billion valuation. However, the …

entrackr.com

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Zepto Mops Up Another $350 Mn In An Entirely Domestic Funding …

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6 days ago  · Zepto recently raised $340 million in a funding round led by American venture capital firm General Catalyst. The funding has come barely two months after its last round of …

vccircle.com

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Zepto Raises Additional $350M, Its Third Funding Round In 6 Months …

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6 days ago  · The round, one of the largest domestic fundraises for a private startup in the country, comes just three months after Zepto closed its extended capital infusion with an investment of …

yourstory.com

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Zepto Raises $340 Million In Funding, Takes Company's Valuation …

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Aug 14, 2024  · Quick commerce start-up Zepto has struck a deal to raise $340 million in a new funding round. This would take the company’s valuation to $5 billion. Out of the $340 million …

outlookbusiness.com

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IPO-bound Zepto Bags $350 Mn From Domestic Investors - The …

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5 days ago  · Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, this fundraising comes just three months after it raised $340 million. Zepto, which is ready to …

newindianexpress.com

FAQs about Zepto raises $340 million, mops up $1 billion this year Coupon?

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 much did zepto raise in 2024?

Zepto, a quick commerce startup, has raised $340 million led by General Catalyst, valuing the company at $5 billion in 2024. Following a previous $665 million funding round, Zepto plans to expand into new cities and increase its dark store count from 370 to 700 by March 2025. ...

How much money did zepto get from General Catalyst?

Big Billion Day: Zepto closes fresh $340 million round led by General Catalyst, surpassing $1 billion funding in two months. Zepto's new round comes weeks after Moneycontrol first reported on July 2 that the company has received interest for a $250 million cheque from General Catalyst as part of a larger round. ...

How much did zepto raise in Series F funding?

In June the company had raised $665 million in Series F funding, doubling the firm’s valuation to $3.6 billion from $1.4 billion. The round saw Lightspeed Venture Partners and Avra join Zepto’s cap table, beside existing investors StepStone Group, Nexus Venture Partners, Glade Brook Capital, Goodwater and Lachy Groom. ...

How much is zepto worth?

The company is now valued at $5 billion, up sharply from $1.4 billion in August 2023, thanks to successive funding rounds and growth in scale. With the latest round, Zepto has raised a whopping one billion dollars in two months, as investors continue to bet big on the burgeoning quick commerce in India. ...

Why did zepto get $350 million in new funding?

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 ahead of a planned IPO next year. ...

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