Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO
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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

By Sreeja Biswas

  • 12 Aug 2024
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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO
Aadit Palicha, CEO and Co-founder of Zepto

Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its previous funding round just over a month ago, a media report said.   The Mumbai-based quick-commerce firm, which raised $665 million in late June, will see its total funding approach $1 billion ......

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