Zepto becomes India’s 111th unicorn with $200 Mn funding at $1.4 Bn valuation
Shortpedia
Content Team
Image Credit: inc42
Mumbai-based quick commerce delivery startup Zepto has raised $200 Mn in Series E funding round at $1.4 Bn valuation, making it the first unicorn of 2023, ending the 10-month-long drought since India produced the last unicorn. The round saw the participation of new investors StepStone Group (who is the new limited partner in Zepto’s existing investor Nexus Partners), and Goodwater Capital.
