Quick Commerce
Zepto's Rocketing Valuation: Quick Commerce Unicorn Eyes $7 Billion After Fresh Funding Round
Zepto, the quick commerce unicorn, is reportedly set to raise $450-$500 million, boosting its valuation to $7 billion – a 40% jump! Existing investors like General Catalyst and Avenir Growth are leading the round. This fresh capital will fuel Zepto's aggressive expansion in India's competitive rapid delivery market, following strong FY24 revenue growth and reduced losses.
Bessemer Venture Partners Forecasts $1 Trillion Digital Opportunity in India, Touting Quick Commerce and D2C as Key Drivers
Bessemer Venture Partners predicts India's digital economy will hit $1 trillion, fueled by a "tailwind trifecta" of internet penetration, youth, and supportive policies. Quick commerce and D2C brands are key drivers, alongside a content revolution. This immense growth is expected to create five times more value than the last decade, solidifying India as a global digital powerhouse.