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3d ago

Zepto Secures Elcid Stake to Maintain $5 Billion Valuation and Advance $7 Billion Funding Talks

Elcid’s ₹7.5 crore purchase at ₹33.23 per share underscores Zepto’s valuation above $5 billion ahead of a planned $500 million funding round

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Overview

  • Elcid Investments will subscribe to 22,55,639 Zepto shares at ₹33.23 each, lifting its stake to 0.039% for a total ₹7.5 crore investment.
  • A Zepto spokesperson confirmed the deal values the company north of $5 billion, countering an independent Arc report that estimated its worth at $2.22 billion.
  • The quick-commerce startup is in advanced talks for a $500 million funding round led by existing investors that could push its valuation toward $7 billion.
  • Regulatory filings show Zepto’s FY25 revenue surged 149% to ₹11,109.9 crore, reflecting rapid growth in India’s grocery delivery sector.
  • Zepto completed a reverse flip relocating its parent from Singapore to India and increased domestic ownership to over 40% ahead of its delayed 2026 IPO.