Zepto to Raise $450-500 Million at $7 Billion Valuation from General Catalyst, Avenir Investors

Zepto, an Indian quick commerce startup, is in advanced stages of raising between $450 million and $500 million in a fresh funding round. This round values the company at $7 billion post-money. Existing investors including General Catalyst and Avenir are participating in the primary capital raise. Zepto had previously raised $1.35 billion last year. Separately, General Catalyst has also backed Indian content firm Chai Bisket with a $5 million investment to support the launch of its microdrama platform, Chai Shots.