Zepto hits $5B valuation as quick commerce heats up in India

Zepto has finalized a $340 million round that increases its valuation to $5 billion, up from $3.6 billion in June, as the startup races to win market share in India’s contested quick commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, according to people familiar with the matter. The round […] © 2024 TechCrunch. All rights reserved. For personal use only.

Aug 14, 2024 - 06:30

0 5

Zepto hits $5B valuation as quick commerce heats up in India

Zepto has finalized a $340 million round that increases its valuation to $5 billion, up from $3.6 billion in June, as the startup races to win market share in India’s contested quick commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, according to people familiar with the matter. The round […]