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.