Fast commerce main Zepto is anticipated to shut its newest funding spherical by the third week of October, in response to sources accustomed to the event. The spherical, estimated at round $500 million, will reportedly take the startup’s valuation past $7 billion—practically doubling its final reported determine.
The fundraise comes at an important juncture for the Mumbai-headquartered agency, which has been getting ready for a public itemizing since finishing a reverse flip to India earlier this yr. Zepto had initially deliberate to file its Draft Pink Herring Prospectus (DRHP) within the first half of 2025 however determined to defer its IPO plans to deal with attaining profitability earlier than hitting the markets. Sources now recommend that the corporate might revisit its IPO submitting quickly after this spherical closes.
Zepto didn’t reply to Enterprise At the moment’s queries on the event.
The upcoming spherical caps a yr of aggressive capital elevating for the fast commerce startup. In August 2025, Motilal Oswal Monetary Providers invested round $48 million within the firm. Earlier, in June 2024, Zepto secured $665 million, valuing the agency at $3.6 billion, adopted by a $340 million follow-on spherical that pushed its valuation to $5 billion.
The short commerce phase itself is witnessing strong development, pushed by rising shopper demand for fast supply and festive season purchases. Based on Datum Intelligence, the class is anticipated to generate round $1.6 billion in gross sales this festive season—accounting for practically 12% of complete on-line gross sales. The sector’s Internet Order Worth (NOV) is projected to develop 25–30% quarter-on-quarter throughout the festive quarter, signaling sustained demand momentum.
Zepto, based in 2021 by Aadit Palicha and Kaivalya Vohra, has emerged as one of many fastest-growing gamers in India’s hyper-competitive fast commerce area, taking over rivals like Blinkit and Swiggy Instamart. With the contemporary capital, the corporate is anticipated to broaden its darkish retailer community, improve logistics effectivity, and double down on profitability metrics—steps that might strengthen its case for a possible itemizing in 2026.
