Zepto is advancing talks to raise $100 million for its third round of funding in six months, aiming for significant domestic investor interest.
The Mumbai-based startup Zepto, known for 10-minute deliveries of groceries and other items, values itself at a post-money valuation of $5 billion.
With a goal to go public next year, Zepto is working toward enhancing its cap table with more Indian investors ahead of its IPO.
Zepto co-founder Aadit Palicha indicated a strong growth forecast, projecting a 150% growth in the next 12 months to investors.
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