Zepto Gains $340M, Valuation Hits $5B in New Funding Round

Aug 30, 2024 · Zepto Gains $340M, enhancing its quick commerce leadership and setting new benchmarks for startups in India's evolving e-commerce landscape. Manisha Sharma 30 Aug …

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Zepto Gains $340M, Valuation Hits $5B In New Funding Round

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Aug 30, 2024 · Zepto Gains $340M, enhancing its quick commerce leadership and setting new benchmarks for startups in India's evolving e-commerce landscape. Manisha Sharma 30 Aug …

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Zepto Raises $340 Million At A Valuation Of $5 Billion

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Aug 30, 2024 · New Delhi: Quick commerce unicorn Zepto has raised $340 million (over Rs 2,850 crore) in a follow-on financing round led by General Catalyst, putting the Mumbai-based firm’s …

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

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Aug 29, 2024 · Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). ... According …

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Zepto Raises $340M, Valuation Hits $5B In Latest Round

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Sep 1, 2024 · Zepto raises $340M in a funding round led by General Catalyst, boosting its valuation to $5B. The quick commerce leader expands dark stores across India. ... Zepto’s …

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Zepto Hits $5 Billion Valuation As It Closes $340M Round

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Aug 14, 2024 · Zepto, an Indian quick commerce start-up, has successfully secured $340 million in a Series G funding round. This latest investment has elevated the company's valuation to an …

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Zepto Raises $340 Mn In Series G Funding, Valuation Shoots To $5 Bn

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Aug 14, 2024 · Zepto raises $340 mn in Series G funding, valuation shoots to $5 bn Of the $340 million that Zepto received, $250 million came from General Catalyst, $50 million from Mars …

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Zepto Raises $340 Million In The Latest Round Of Funding, Valuation ...

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Aug 31, 2024 · Zepto raises $340 million in the latest round of funding, valuation touches $5 billion The latest funding round was led by General Catalyst and also saw participation from …

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Zepto Raises $340 Million, Hits $5 Billion Valuation

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Zepto raises $340M, boosting its valuation to $5B. Learn about its rapid growth in the quick commerce sector. ... Zepto Raises $340 Million, Hits $5 Billion Valuation: A Deep Dive into the …

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Zepto Raises $340 Million, Valuation Soars To $5 Billion In Latest …

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Aug 30, 2024 · Zepto raises $340 million in a follow-on funding round, boosting its valuation to $5 billion. General Catalyst led the round, with new and existing investors participating. Zepto …

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Zepto Raises $340 Million In Follow-on Financing Round

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Aug 30, 2024 · Leading quick-commerce platform, Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion which comes close on the heels of its previous …

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Zepto's Valuation Surges To $5 Billion Ahead Of IPO

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Aug 30, 2024 · In June, Zepto secured $665 million in Series F funding, which doubled its valuation from $1.4 billion to $3.6 billion. Prior to that, it raised $235 million in a Series E round …

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Zepto Raises $340 Mn At $5 Bn Valuation - Entrackr

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Aug 29, 2024 · With this new funding, Zepto’s valuation has surged by nearly 40%, rising to $5 billion from $3.6 billion in June, when it raised $665 million in its Series F round. The firm has …

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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 …

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FAQs about Zepto Gains $340M, Valuation Hits $5B in New Funding Round 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 has zepto raised in 2024?

With this new funding, Zepto’s valuation has surged by nearly 40%, rising to $5 billion from $3.6 billion in June, when it raised $665 million in its Series F round. The firm has raised over $1 billion in 2024, $1.2 billion in the past 12 months, and more than $1.5 billion since its inception. ...

Why did zepto invest $340 million?

The company strategically capped the round at $340 million to minimize equity dilution for existing shareholders, ensuring a balanced approach to growth and investor returns. Aadit Palicha, Co-founder and CEO of Zepto explained the rationale behind this latest round of financing. ...

What is zepto doing now?

Zepto is focusing on expanding its operations in metros and Tier I cities as it tries to compete with both established rivals and new entrants. Quick commerce unicorn Zepto has raised $340 million in follow-on financing at a valuation of $5 billion amid growing competition and consumer traction in the sector. ...

How much is zepto worth?

The round values Zepto, which delivers everything from grocery to electronics in minutes, at $4.6 billion pre-money, which comes to about $5 billion after the investment, according to a term sheet seen by TechCrunch. With this new round, Zepto has raised nearly $1 billion in fresh funding this year. ...

How much funding did zepto get?

Of the $340 million that Zepto received, $250 million came from General Catalyst, $50 million from Mars Growth, and the remaining amount was fetched from existing investors. Initially, Zepto wanted to raise $400 million in funding but later, it decided to keep its funding round at $340 million, according to a MoneyControl report. ...