Quick commerce main Zepto is predicted to shut its newest funding spherical by the third week of October, in accordance with sources aware of the improvement. The spherical, estimated at round $500 million, will reportedly take the startup’s valuation past $7 billion—almost doubling its final reported determine.
The fundraise comes at an important juncture for the Mumbai-headquartered agency, which has been making ready for a public itemizing since finishing a reverse flip to India earlier this 12 months. Zepto had initially deliberate to file its Draft Red Herring Prospectus (DRHP) in the first half of 2025 however determined to defer its IPO plans to concentrate on attaining profitability earlier than hitting the markets. Sources now counsel that the firm may revisit its IPO submitting quickly after this spherical closes.
Zepto didn’t reply to Business Today’s queries on the improvement.
The upcoming spherical caps a 12 months of aggressive capital elevating for the fast commerce startup. In August 2025, Motilal Oswal Financial Services invested round $48 million in 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 fast commerce phase itself is witnessing sturdy progress, pushed by rising shopper demand for immediate supply and festive season purchases. According to Datum Intelligence, the class is predicted to generate round $1.6 billion in gross sales this festive season—accounting for almost 12% of whole on-line gross sales. The sector’s Net Order Value (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 certainly one of the fastest-growing gamers in India’s hyper-competitive fast commerce house, taking over rivals like Blinkit and Swiggy Instamart. With the recent capital, the firm is predicted to increase its darkish retailer community, improve logistics effectivity, and double down on profitability metrics—steps that would strengthen its case for a possible itemizing in 2026.
