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Zepto raises $665 Mn in latest funding round at $3.6 Bn valuation

Shortpedia

Content Team
Image Credit: newsbytes

Zepto has successfully secured $665 million in a funding round, marking the largest fundraising event in India's quick commerce sector this year. This latest round values the company at an impressive $3.6 billion. The fundraising comes at a time when investors are becoming more selective in backing startups due to capital becoming harder to access. This is the second large round in under a year for Zepto, which raised $231 million at a valuation of $1.4 billion in August 2023.