Zepto's valuation hits $7 billion after $450-million funding round

Mumbai-based quick commerce start-up Zepto has raised nearly $450 million in a mix of primary and secondary transactions. The funding round, which includes participation from California Public Employees' Retirement System, one of the world's largest pension funds, has valued the company at $7 billion. Zepto was founded in 2020 by Aadit Palicha and Kaivalya Vohra.