Friday, 24 March, 2023

Zepto raises $200M to expand delivery service

<p>Zepto, an instant food firm, has acquired $200M&nbsp;in a new round of funding to expand its 10-minute delivery service to more cities in India and expand its dark store network. The Series D investment was led by existing investor Y Combinator Continuity, valuing the Mumbai-based business at $900M, up from $570M&nbsp;in its December Series C round. The latest round had no secondary transactions, bringing the total amount raised to $360M.<br /> &nbsp;</p>