Zepto CEO shares a message on X after raising $665 million

Zepto, a Mumbai-based quick commerce startup, raised $665 million, valuing it at $3.6 billion. The funding round included investors like Avenir, Lightspeed, and Avra. Zepto plans an IPO with a growing GMV and faces competition from Zomato’s Blinkit and Swiggy Instamart. The company aims to become a $50B Indian company.