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Zepto builds $1 bn war chest to take on competition
October 03, 2025
|Business Standard
Quick-commerce player Zepto is set to raise $450 million, valuing the firm at $7 billion and leading to the creation of a war chest of $1 billion, according to sources in the know.
The current round, a mix of primary and secondary, is being led by United States pension fund Glpers and includes existing investors General Catalyst, Avra, Lightspeed, StepStone, and Nexus Venture Partners.
So far the company has raised $2 billion at a valuation of $5 billion. Last year, the firm had raised $1.35 billion.
The need to create a war chest of $1 billion comes at a time when competition in quick commerce is hotting up, especially with the two largest ecom players — Amazon and Flipkart — entering the space.
هذه القصة من طبعة October 03, 2025 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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