Zepto In Talks For Another Funding Round Of $310 Mn At $5 Bn Valuation

Zepto In Talks For Another Funding Round Of $310 Mn At $5 Bn Valuation

SUMMARY

The company is looking to raise an additional funding of $310 Mn, marking a 40% increase from its previous fundraise just over a month ago

This latest round will bring the total funds raised by the firm to nearly $1 Bn across two successive rounds

In June, Zepto raised $665 Mn from a group of investors, more than doubling its valuation to $3.6 Bn from $1.4 Bn in August last year

Quick commerce major Zepto is reportedly looking to raise an additional funding of $310 Mn, which will value it at $5 Bn, marking a 40% increase from its previous fundraise just over a month ago.

As per an ET report, this latest round will bring the total funds raised by the firm to nearly $1 Bn across two successive rounds. In June, Zepto raised $665 Mn from a group of investors, more than doubling its valuation to $3.6 Bn from $1.4 Bn in August last year.

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