Zepto Likely To Double Valuation To $3 Bn With New Fundraise

Zepto Likely To Double Valuation To $3 Bn With New Fundraise

SUMMARY

Zepto has initiated discussions with a clutch of global investors to raise close to $300 Mn

With eyes on profitability and scalability, it is aiming for EBITDA positive by September this year

In a bid to bolster profitability, quick commerce startup Zepto has started rolling out a platform fee of INR 2 per order for its users.

Quick commerce unicorn Zepto has initiated discussions with a clutch of global investors to raise close to $300 Mn at a valuation range of $2.5-$3 Bn.

With eyes on profitability and scalability, the Mumbai-based company is aiming for EBITDA positive by September this year, ET reported.

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