Of this amount, $250 Mn will come from General Catalyst, with Mars Growth contributing approximately $50 Mn
As per Moneycontrol’s report, while initially Zepto planned to rake in $400 Mn in the current round, but now it has decided to cap the funding at $340 Mn
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
Zepto has reportedly wrapped up a deal to raise a funding of $340 Mn that will now value the quick commerce major at $5 Bn.
As per Moneycontrol’s report, while initially Zepto planned to rake in $400 Mn in the current round, but now it has decided to cap the funding at $340 Mn.