Consumer Service
Zepto To Raise $400 Mn At $7 Bn Valuation
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SUMMARY
Zepto is raising around $400 Mn (about INR 3,500 Cr) at a valuation of $7 Bn, with US pension fund Calpers leading the round
Other existing investors, including General Catalyst, Avra, Lightspeed, Glade Brook, StepStone, and Nexus Venture Partners, are also expected to participate in the round
The round will be a mix of primary and secondary transactions, with a large chunk of $350–380 Mn coming in via primary transaction. Zepto declined to comment on the development
Quick commerce major Zepto
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