Zepto raises $340M at a $5B valuation as India's quick …

Zepto raises another $350M amid quick commerce rush in India - TechCrunchZepto, a 10-minute delivery app, raises $665M at $3.6B valuation


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

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Zepto raises another $350M amid quick commerce rush in India - TechCrunchZepto, a 10-minute delivery app, raises $665M at $3.6B valuation

techcrunch.com

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Zepto Races To $5 Billion Valuation, Targets IPO In 12-24 Months

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Aug 30, 2024  · Zepto is again shaking up the quick commerce landscape with a fresh $340 million raise, valuing the company at $5 billion. ... this comes just two months after Zepto raised $665 …

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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 Secures Another $340 Mn At $5 Bn Valuation As Quick …

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Aug 29, 2024  · India’s quick-commerce market grew 77% in 2023 to reach $2.8 billion in gross merchandise value (GMV), accounting for 5% of India’s overall e-commerce market, according …

livemint.com

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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 …

newsbytesapp.com

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Zepto Finalizes $340M Round, Boosting Valuation To $5B As It …

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Aug 14, 2024  · Indian instant delivery startup Zepto has secured $340 million in a new funding round, raising its valuation to $5 billion. This marks a significant increase from its valuation of …

lucidityinsights.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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Quick Commerce Co. Zepto Raises $340-M Led By General Catalyst …

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Quick commerce co. Zepto raises $340-M led by General Catalyst at $5-B valuation ... Lightspeed, DST, and Contrary, also increased their stakes.With this new funding, Zepto’s …

ventureintelligence.com

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Zepto Raises Another $350M Amid Quick Commerce Rush 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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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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Zepto's Valuation Surges To $5 Billion Ahead Of IPO

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Aug 30, 2024  · Zepto, a leading player in the quick commerce sector, has successfully raised $340 million in a follow-on funding round. This latest financial boost has elevated the …

newsbytesapp.com

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

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Aug 29, 2024  · In FY23, Zepto registered a 14-fold increase in revenue to Rs 2,024 crore, though its losses widened to Rs 1,272 crore. The quick commerce sector is becoming increasingly …

entrackr.com

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Zepto Secures Another $340 Mn At $5 Bn Valuation As Quick …

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India’s quick-commerce market grew 77% in 2023 to reach $2.8 billion in gross merchandise value (GMV), accounting for 5% of India’s overall e-commerce market, according to consulting …

msn.com

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Q&A With Zepto CEO Aadit Palicha On Raising A New $350M Round, …

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5 days ago  · Indian quick grocery delivery startup Zepto raised $350M at the same $5B valuation as its $340M raise in August 2024; Zepto has raised $1.35B since June 2024 — Zepto has …

techmeme.com

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Zepto Founder On $5-bn Valuation, IPO Plans & How Quick …

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3 days ago  · Zepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming local stores, citing data that …

indiatimes.com

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Zepto, A 10-minute Delivery App, Raises $665M At $3.6B Valuation

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Jun 20, 2024  · Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million. ... Zepto, a 10-minute delivery app, raises …

techcrunch.com

FAQs about Zepto raises $340M at a $5B valuation as India's quick … Coupon?

Why did zepto raise $340 million?

Zepto raised $340 million, valuing the company at $5 billion, to expand its quick commerce operations. The funding aims to double dark stores and enter new markets, with sales projected to exceed ₹5,000 crore in FY24 as Zepto prepares for an IPO. ...

Did zepto get a $340 million IPO funding?

J ust two months after raising a pre-IPO funding round of $665 million, quick commerce startup Zepto has secured follow-on financing of $340 million led by US-based venture capital firm General Catalyst, taking its valuation to $5 billion. ...

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. ...

How much will zepto invest?

The merged entity plans to invest $500 million to $1 billion across early- and growth-stage investments in the country, Mint had reported in June. Zepto, which is gearing up for a public market listing next year, had gained its coveted unicorn status a year ago, when it raised $200 million at a valuation of $1.4 billion. ...

Will zepto achieve $1 billion in gross merchandise value by 2025?

In May, Zepto reported that it is on track to achieve over $1 billion in gross merchandise value (GMV) by the end of the 2025 fiscal year. Additionally, approximately 75% of the company's warehouse outlets are already generating operating profits. ...

Why is zepto launching a 10 minute delivery business in India?

Zepto’s latest funding round comes at a time when the quick commerce sector in India is experiencing rapid expansion and heightened competition. Major players like Flipkart and BigBasket have announced plans to intensify their operations in the 10-minute delivery segment, while Amazon is reportedly preparing to enter the market. ...

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