Skip to content

Zepto’s $450 million funding could increase competition, cash burn in industry: analysts

Quick commerce platform Zepto closed a $450 million round in a mix of primary and secondary transactions on Thursday. Founder Adit Palicha told ET in an interview that the firm plans to invest the proceeds in growth, adding a “few hundred” dark stores, and focus on volume expansion over the next 12 months. 

Read More  Startups-Tech-Economic Times