Zepto Raises $340 Mn, Hits $5 Bn Valuation: Quick Commerce Unicorn Defies Funding Winter

Updated : Aug 30, 2024 14:04
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Editorji News Desk

Dropping out of college...to build a multi-billion-dollar company in three years! That's exactly what Aadit Palicha and Kaivalya Vohra have done with Zepto!

They have just raised $340 million taking Zepto’s valuation to a whopping five billion dollars.

But that’s not it! With the latest top-up, the Stanford dropouts have raised a total of a billion dollars in 2024.

This, in the middle of what experts call ‘a funding winter’ – a time when startups are not getting money easily.

And that's what's taken the valuation of the quick-commerce company from $3.6 billion to $5 billion in 2 months!

What do you think of Zepto’s meteoric rise? Tell us in comments below.

Also Watch: Ace Investor Jim Rogers Sounds Alarm, Expects U.S Markets To See Big Correction Soon

Zepto

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