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Daybreak

Daybreak

News:Business News

What's making investors go googly-eyed for Zepto?

What's making investors go googly-eyed for Zepto?

2024-06-30
Download Right click and do "save link as"

When it entered the quick commerce scene for the first time in 2021, Zepto was a disruptor. Now, it is the third largest company in the market after Blinkit and Swiggy Instamart. Recently, it secured its biggest funding ever at a US$3.6 billion valuation, mainly from its existing investors.


Venture Intelligence, a data provider told The Ken that the US$660 million funding is largest bet made by VCs in Indian startups this year. And now, The Ken's sources say that Zepto is planning to raise another round from “top-tier global VCs” at a US$5 billion valuation.


What did Zepto do to get all this attention from investors?

Tune in.

Also listen to:

Daybreak: Why we date, marry, or breakup with Swiggy Instamart, Blinkit, Zepto & BigBasket

TFTY: How to get people to listen to you when you have no authority or title?


view more

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