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Zepto Raises $450 Mn At $7 Bn Valuation

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SUMMARY

The funding round was led by CalPERS and saw participation from existing investors including Avenir, Avra, Lightspeed, Glade Brook, the Stepstone Group, and Nexus Venture Partners

The round was a mix of primary and secondary capital, with primary transaction accounting for a large part

The funding round valued Zepto at $7 Bn, marking a jump from its $5 Bn valuation in late 2024

Quick commerce major Zepto has raised nearly $450 Mn (around INR 3,955 Cr) in a funding round…

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