Indian grocery delivery startup Zepto has raised $665 million in its latest funding round, more than doubling its valuation to $3.6 billion. The Series F round saw participation from investors such as Avenir, Lightspeed Venture Partners, Avra Capital, and DST Global. Zepto plans to use the funds to double its dark stores to 700 from the current 350 and expand into new markets including Jaipur, Chandigarh, and Ahmedabad. The company is also preparing for an IPO. This funding round is one of the largest in India's startup ecosystem in the past two years and positions Zepto to compete aggressively with rivals like Blinkit, Swiggy Instamart, and Tata Digital-owned BigBasket. Zepto, known for its 10-minute delivery service, is nearing EBITDA profitability.
This just in! Zepto @ZeptoNow, a @DPIITGoI recognised startup and beneficiary of Section 56 tax exemption under the scheme, has achieved a monumental feat! Secured a whopping ₹5,400 Crore investment at a ₹30,000 Crore valuation. This investment doubles their valuation to… https://t.co/B0QTfN0vSB
This just in! Zepto @ZeptoNow, a DPIIT recognised startup and beneficiary of Section 56 tax exemption under the scheme, has achieved a monumental feat! Secured a whopping ₹5,400 Crore investment at a ₹30,000 Crore valuation. This investment doubles their valuation to $3.6… https://t.co/xdHb27uwnj
Zepto’s private-label meat brand Relish has crossed Rs 500 crore in revenue run rate 🛵🍗 For context, nine-year-old Licious said in May that it is at Rs 850 crore run rate. More in this interview 👇 https://t.co/J5Aj0DrYyb
🚨 🚨 Exclusive interview with Zepto's co-founder Aadit Palicha Zepto has raised a massive $665 mn, its valuation going up 160% $3.6 bn in 10 months Palicha tells @thearc_hq that quick-commerce is the largest opportunity in India's internet economy. "Perhaps larger than…
ET NOW Exclusive | Zepto to take the Q-commerce fight to D-Street? "Sooner rather than later..." @ZeptoNow's Aadit Palicha reveals the ambition for the company and the likely launch year for the IPO👇 @vinnii_motiwala @aadit_palicha https://t.co/nTNzdeRhOh
Zepto IPO 2025: We have been able to raise this round purely because of business performance. We are growing 140 per cent year-on-year, said Palicha https://t.co/RIOB5RGkfM
MC Tech3: Top tech and startup news this evening 🔻 ⭐️ Zepto's $665 million haul ⭐️ Paytm staff move Labour Ministry over layoffs ⭐️ SoftBank seeks indemnity in Unicommerce IPO Sign up for the newsletter: https://t.co/w9nk2SqlYm
Congrats to the team @ZeptoNow on the $665M round! On track to exceed $1 billion in GMV, Zepto (YC W21) sells and delivers everything from groceries to electronics to consumers in urban Indian cities in just 10 minutes. https://t.co/61mTDZNDRS
‘Idea for capital…exercise going into an IPO…’ – Zepto’s Aadit Palicha on fundraise, expansion plans and more | ET NOW Exclusive @aadit_palicha @vinnii_motiwala https://t.co/X71160yVAN
ETtech Top 5 | @ZeptoNow mega #fundraise; @oyorooms funding gets shareholder nod Also in the letter: ■ #Accenture Q1 numbers ■ #MSEs on #ONDC soon ■ #Ather’s #Maharashtra plans https://t.co/jp3el0eJob
We at Avenir are excited to be a small part of the Zepto story. @aadit_palicha and the rest of the team are well on their way to redefining retail in India https://t.co/ikchkXcKxn
TechCrunch: Zepto, a 10-minute delivery app, raises $665M at $3.6B valuation 🦄 #GLTA https://t.co/rz8apAkMmT
#SoftBank gets promoter tag in #Unicommerce’s IPO filing SoftBank is the largest selling shareholder in the proposed #IPO, offering 16.2 million shares, or a 15% stake. https://t.co/FBTlAIf668
ICYMI: @ZeptoNow raises $665 million in second funding round in a year via @elnovw @Reuters https://t.co/h0egsBOHi2
Zepto gets $665m funding at $3.6b valuation, nears EBITDA profitability https://t.co/ExUwIKulUv
Zomato's share price slips into red after opening in green as Zepto announced its fundraise Down by 1.65% at the close of trade on Friday #quickcommerce #zepto #blinkit #swiggy https://t.co/IGmAmClmlV https://t.co/EOaa0Y8Rwq
.@ZeptoNow bags $665 million in a funding round more than doubling its valuation to $3.6 billion, post money. This sets the stage for the quick commerce battle to heat up with rivals like Zomato-owned Blinkit, public-markets-bound Swiggy Instamart and Tata Digital–owned BigBasket…
#MCExclusive | SoftBank, assigned promoter status by SEBI for Snapdeal-backed Unicommerce eSolutions, seeks indemnity rights from Kunal Bahl, Rohit Bansal to safeguard itself. @swarajdhanjal brings you more 👇 https://t.co/EKoxfuMbko #SEBI #IPO
Market Valuation of Quick Commerce Company Zepto Reaches USD 3.6 Billion, Nearly Triple Its Worth a Year Ago https://t.co/nKx4The2R1
🚨 Exclusive: Tagged as promoter of Snapdeal-backed Unicommerce eSolutions, SoftBank seeks indemnity rights from Kunal Bahl, Rohit Bansal By @swarajdhanjal https://t.co/bCmuLGW4hC via @moneycontrolcom
#TopStory on ETtech: #QuickCommerce battle heats up ⬆️ 💵 @ZeptoNow has raised $665 million in a funding round more than doubling its valuation to $3.6 billion, post-money. Read the story here: https://t.co/kbCGcCrTOd https://t.co/x09bo5Ql5s
🚨 Zepto's $665 mn funding gives it a war chest to take on well-capitalised rivals Zomato - $1.5 bn in the bank Swiggy - $800-900 mn in the bank + $450 mn primary in the IPO Flipkart - raised $950 mn since December https://t.co/GiHOS0iXX5
🌶️🌶️Zomato's share, which opened in the green, went into the red today just after Zepto's $665 million funding news went live. Quick commerce space is getting hot for sure. @digbijaymishra1 https://t.co/vNQasFtflW
1/ Quick commerce unicorn @ZeptoNow has raised $665 million at a valuation of $3.6 billion. With this, @Avenir_Capital, @lightspeedvp, and @AvraCap (Anu Hariharan's new fund) have joined the company’s cap table as new investors. 💰 Follow the thread to know more! 🧵 https://t.co/1khGZO3D84
🚨 Top story on ETtech: #Zepto raises $665 million Around 40% of the new funding has come from new investors, cofounder and CEO @aadit_palicha told ET. Zepto didn’t name DST Global in its statement but sources confirmed it has invested in the round. https://t.co/kbCGcCrlYF
#Zepto plans to double warehouses to more than 700 by March 2025 by reinvesting #sales from mature stores to fund the expansion. https://t.co/985wC0S5U2
Zepto IPO: Quick-commerce platform may go public soon - Details https://t.co/iJ25DijNlr
Zepto, a 10-minute delivery app, raises $665 million at $3.6 billion valuation: https://t.co/ybyCr5uxWH by TechCrunch #infosec #cybersecurity #technology #news
Zepto raises $665 million in second funding round in a year https://t.co/VKq9fErGE2 https://t.co/q9XgmrxL0a
Indian grocery delivery startup Zepto is preparing to go public after more than doubling its valuation to $3.6 billion in a round of financing led by US and local investors. https://t.co/NQJBlvm5rE
Sources said that DST Global, an early investor in Swiggy also participated in the round. Zepto founder Aadit Palicha told Moneycontrol that the funds will be used to enter new markets like Jaipur, Chandigarh, Ahmedabad and double its dark stores to 700 from the current 350. https://t.co/pOY9QAZsr8
Big Breaking: Zepto scoops up $650M more than doubling valuation to $3.6B, post-money. Since Apr 2 we have been on top of Zepto's funding plans. Largest round this year. Zepto to double dark stores to 700. Quick commerce battle set to heat up! https://t.co/Ej7aqUSEBb
🚨🚨💵💵 Quick commerce company @ZeptoNow has raised $665 million in a funding round, more than doubling its valuation to $3.6 billion, post-money, heating up the battle with rivals Blinkit, Swiggy Instamart and Tata Digital–owned BigBasket.
Q-commerce unicorn @ZeptoNow raises $665 Mn at a $3.6 Bn in a highly oversubscribed round The Series F round saw Avenir, @lightspeedvp, and Avra Capital join the co's cap table as new investors, among others @ShrutiMishra_ @CNBCYoungTurks #Zepto https://t.co/VRm7CbyQ2a
🚨🎯 Confirmed. We reported last week that the Zepto round size is likely to hit $650 mn with names like Avenir and Avra. Today Zepto has announced that it has raised $665 million With @Goenka_Tushar1 https://t.co/ae9HlsIgKq https://t.co/sgf9eN31Zw
Indian grocery delivery startup Zepto is preparing to go public after more than doubling its valuation to $3.6 billion in a round of financing led by US and local investors https://t.co/RMkduooibz
Massive round at Zepto 🤑 One of the largest capital raises in the last two years in India's startup ecosystem @thearc_hq has all the details 👇 https://t.co/6fB5w2OEb3
News Alert | Zepto targets IPO after raising funds at $3.6 bn valuation @ZeptoNow https://t.co/WciS0HjMnV
Software-as-a-Service startup Everstage is in advanced stages to raise $30 million, its largest funding round so far. @Goenka_Tushar1 and @BhavyaDKumar bring details👇 https://t.co/csB7Q65DfP #FundRaising #Startups #SaaS #Everstage
FT Exclusive: The SoftBank-backed company is working with Morgan Stanley to sell about $500mn worth of existing shares, including those held by employees https://t.co/gq1e1fMps2 https://t.co/k9Ifltd5JU