Zepto Raises $450 Million Ahead of Planned IPO

Quick commerce startup Zepto has raised $450 million in a funding round led by the California Public Employees’ Retirement System (CalPERS), marking the U.S. pension fund’s first investment in the company. The round, consisting of both primary and secondary investments, also included participation from Avenir, Avra, Lightspeed, Glade Brook, The Stepstone Group, and Nexus Venture … Continue reading Zepto Raises $450 Million Ahead of Planned IPO