Zepto To Close $340 Mn Fresh Round At $5 Bn Valuation

Zepto To Close $340 Mn Fresh Round At $5 Bn Valuation

SUMMARY

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. 

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