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Zepto is in talks with global investors to raise close to Rs 300 crore, likely to double its valuation to Rs 3 billion in fresh funding.

ZSEPTO's global investor to raise close to 300 million at a valuation range of 2.5 billion to 3 billion begins talks. With an eye on profitability and scalability, the Mumbai-based company is EBITDA positive in September this year. To boost profitability, fast-paced commerce startup Septo has started rolling out a platform fee of Rs 2 per order for its users. Zepto was last valued at 1.4 billion after raising 200 million in its Series E funding in August 2023.

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Amjad

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May 6, 2024

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