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E-commerce

Zepto’s $200M funding round caps year of improvement for quick-commerce underdog

Ranjan Crasta

August 25, 2023 | 8 Min Read

August 25, 2023 | 8 Min Read

Zepto has completed a $200 million funding round that has vaulted it into unicorn territory. While defying the prevailing funding gravity to become India’s first unicorn of 2023 is impressive, what’s perhaps more impressive is the company’s turnaround.

Quick-commerce startup Zepto, which was poised on the precipice of unicorn status since its last funding round in May 2022, has finally broken into India’s unicorn stable.

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