Zepto

Investors undisclosed

On August 1 Zepto said it had agreed with major shareholders to close a pre-IPO primary equity placement. The release states no size, investor allocation, exact closing date or completed issuance; no new raised-capital amount is recorded.

General Catalyst (lead)

Khaitan & Co, counsel to General Catalyst, describes an approximately $450M Series H transaction at an approximately $7B valuation and says General Catalyst led it. The Economic Times' contemporaneous founder interview reports that the closed $450M package mixed primary and secondary transactions, with no company-disclosed split (https://economictimes.indiatimes.com/articleshow/124604189.cms). Neither $450M total consideration nor later reports of an approximate $300M primary component are treated as an exact issuer-equity amount. October 16 is the report/announcement date, not a proven legal closing date.

Motilal Oswal (lead)

INDUSLAW's firm-authored December 16 counsel publication says it advised Zepto on a USD 350M round led by Motilal Oswal. November 22 imported report anchor is retained for sorting with month precision; it is not a counsel-confirmed closing day and not a new December round. The primary/secondary split is not stated, so gross financing is not exact issuer proceeds. The imported Series G-extension label is unverified. The imported $5B valuation remains reported in Motilal's December marketing roundup (https://www.motilaloswal.com/learning-centre/2024/12/startup-weekly-the-big-movers-in-the-startup-world-this-week), not corroborated by this counsel account. Motilal's private-wealth division is not a second Motilal investor; neither exact subscribing vehicles nor allocations are established. This is distinct from later reports of a 2025 secondary sale, which are not appended as issuer funding. Original database source: https://www.clay.com/dossier/zepto-funding.

General Catalyst (lead)

Cooley's September 3 counsel publication confirms a $340M Series G financing at $5B led by General Catalyst. General Catalyst's August 29 investor publication independently states that it is leading the $340M financing; its canonical URL is https://www.generalcatalyst.com/stories/our-investment-in-zepto. August 14 imported report anchor is retained for sorting with month precision. The August 13 YC news index (https://www.ycombinator.com/companies/zepto), August 29 investor publication and August 30 press-note reporting (https://yourstory.com/2024/08/zepto-funding-340-million-valuation-quick-commerce-aadit-palicha) have different date bases; closing day unresolved. These are accounts of the same financing, not a share sale or an additional financing. The primary/secondary split is not stated in the reopened counsel/investor accounts, so gross financing is not exact issuer proceeds. Imported Mars Growth Capital and Epiq Capital are not independently supported by those accounts and are suppressed as confirmed participants. Exact subscribing vehicles, allocations and current holdings are unknown. Original database source: https://www.clay.com/dossier/zepto-funding.

General Catalyst · General Catalyst investment announcement ↗

Glade Brook Capital (lead) · Nexus Venture Partners (lead) · StepStone Group (lead) · Avenir · Lightspeed · Avra · Goodwater Capital · Lachy Groom · +1 more

Cooley's July 22 counsel publication confirms a $665M Series F financing at $3.6B co-led by Glade Brook, Nexus and StepStone, with Avenir, Lightspeed, Avra, Goodwater, Lachy Groom and Contrary participating. June 20 imported report anchor is retained only for sorting; Cooley's later Series G account calls this Series F July 2024. June/July timing is unresolved, so the displayed date has year precision, not an authenticated financing month or legal closing day. August 9 AZB publication identifies its client Avenir Management Company, LLC and recipient Kiranakart Pte Ltd. (Zepto), with $50M within the $665M fundraise, not $715M or a new August round. That named counsel client is not proof of an exact subscribing investment vehicle or current owner. Imported DST Global lead participation is not independently supported by these accounts and is suppressed. The primary/secondary split is not stated, so confirmed gross financing is not exact issuer proceeds. No legal-parent reorganization, share swap or new financing is inferred. Original database source: https://www.clay.com/dossier/zepto-funding.

Avenir · Avenir transaction counsel AZB & Partners ↗