Quick-commerce platform Zepto is reportedly in final talks to raise $450–500 million from existing, including General Catalyst and Avenir Growth, in a round expected to push its post-money valuation to $7 billion-a 40% jump from 2024’s $5 billion figure.
Set to close imminently, the new funding will see current investors contribute pro rata, reinforcing Zepto’s domestic ownership plans despite a likely dilution of Indian stake from around 40% to 35%. Earlier rounds in 2024 saw Zepto raise $1.35 billion-highlighted by Motilal Oswal’s $350 million injection.
Strategic Shifts & Performance
- IPO postponed to 2026: Zepto is focusing on reducing cash burn and improving profitability before its public debut.
- Double-digit growth in FY24: Revenue nearly doubled from ₹2,026 crore to ₹4,454 crore; however, net losses barely shrank.
- Produce sales surge: Fresh produce orders soared from 640,000 to over 2.2 million daily units year-over-year .
Competitive & Cultural Pressures
Facing intense competition from Blinkit, Swiggy Instamart, and BigBasket, Zepto is also dealing with criticism over safety and labor practices in its dark stores. These include food-safety concerns flagged by FSSAI and worker grievances over wages and app practices .
Bottom Line
Zepto’s new funding could ease short-term pressures, enabling it to invest in supply-chain scalability, tech upgrade, and profitability initiatives ahead of its 2026 IPO. While growth momentum and produce innovation continue, the company must still address regulatory, cultural, and competitive hurdles to stay on track.
