Denemek ALTIN - Özgür
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.
Bu hikaye Business Standard dergisinin October 03, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Business Standard'den DAHA FAZLA HİKAYE
Business Standard
States, UTs to borrow up to ₹2.8 trn in Q3
States and Union Territories plan to borrow up to ₹2.81 trillion through state government securities in the third quarter of the current financial year, the Reserve Bank of India said on Friday.
1 min
October 04, 2025
Business Standard
India’s economy is stronger than Trump thinks
India has long benefitted from geopolitical arbitrage, maintaining working relation ships with Russia, the United States, and Europe.
3 mins
October 04, 2025
Business Standard
Banks, metals help mkts log weekly gains
In green
1 min
October 04, 2025
Business Standard
Jewellery, coins or ETFs? Experts' pick for investment in gold
Prices of gold usually rise during Diwali and Dhanteras as demand sees an uptick. But those planning to invest in the yellow metal often face a dilemma: In what form should they buy it?
1 min
October 04, 2025
Business Standard
Advertising volumes on PM Narendra Modi’s 75th b'day
More than 220 advertisers used 108,000 column centimetres across over 400 Indian newspapers to wish Prime Minister Narendra Modi on his 75th birthday on September 17 this year.
1 min
October 04, 2025
Business Standard
7 yrs on, IHH gets Sebi’s nod for Fortis open offer
“While NTK attempted to execute the open offer, Daiichi Sankyo unfairly obstructed the execution and prevented completion of the acquisition, resulting in significant losses to NTK,” IHH and NTK said in a joint statement.
1 min
October 04, 2025
Business Standard
No Fastag for tolls? Relief on penalty if paid via UPI, says govt
In a bid to end cash leakages during toll collections on national highways, the ministry of road transport and highways has introduced a provision which will now allow users who do not have Fastag to pay a reduced extra charge if they choose to pay the toll through a unified payments interface (UPI) platform.
1 min
October 04, 2025
Business Standard
Sebi mulls stricter disclosure rules for billionaire family offices
The Securities and Exchange Board of India (Sebi) has begun discussions on bringing family offices under its oversight, as the nation’s billionaires become a growing force on exchanges, according to people familiar with the matter.
1 mins
October 04, 2025
Business Standard
HC rejects Anil Ambani’s plea against SBI calling his a/c fraud
The Bombay High Court (HC) on Friday dismissed a petition filed by industrialist Anil Ambani (pictured) challenging State Bank of India’s (SBI’s) decision to classify his and Reliance Communications’ accounts as fraud.
1 min
October 04, 2025
Business Standard
Data centres in space? Jeff Bezos thinks it's possible
Amazon founder and executive chair Jeff Bezos said on Friday gigawatt-scale data centres will be built in space within the next 10 to 20 years, predicting they would eventually outperform Earth-based ones thanks to the abundance of uninterrupted solar energy.
1 min
October 04, 2025
Listen
Translate
Change font size