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Zepto builds $1 bn war chest to take on competition
Business Standard
|October 03, 2025
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.
This story is from the October 03, 2025 edition of Business Standard.
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