Zepto to raise $650 million at $3.5-billion valuation
Kaivalya Vohra (L) and Aadit Palicha (R), founders of Zepto. This will be the company’s second large fundraise in under a year’s time. Instant grocery delivery startup Zepto will raise around $650 million from existing and new investors at a valuation of $3.5 billion, underscoring the high interest in India's booming quick commerce sector, people aware of the development told Moneycontrol.The existing investors include StepStone Group, Nexus Venture Partners and Glade Bro...
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