Zepto plans to raise $450-500 million in primary capital from existing investors General Catalyst, Avenir Growth and others in a fresh round that will value the firm at $7 billion, Moneycontrol reported. This marks a 40% increase from the $5-billion that was raised during its fundraise last year. Around 40% of Zepto is owned by Indian investors, including Motilal Oswal.
short by
Shristi Acharya /
12:56 pm on
09 Jul