Zepto scores $665mn as funds ride Q-comm wave

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Zepto secures $665 million in funding, with a valuation of $3.6 billion, as investor interest in quick commerce grows. The funding round, led by existing investors Glade Brook Capital, Nexus Venture Partners, and StepStone Group, along with new backers Avenir, Lightspeed, and Avra, will bolster Zepto's balance sheet for a potential IPO in 2025.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xz0WIsQ

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