Valuation

Zepto's Rocketing Valuation: Quick Commerce Unicorn Eyes $7 Billion After Fresh Funding Round

Zepto, the quick commerce unicorn, is reportedly set to raise $450-$500 million, boosting its valuation to $7 billion – a 40% jump! Existing investors like General Catalyst and Avenir Growth are leading the round. This fresh capital will fuel Zepto's aggressive expansion in India's competitive rapid delivery market, following strong FY24 revenue growth and reduced losses.

Fidelity Boosts Lenskart's Valuation to $6.1 Billion, Signaling Strong Pre-IPO Momentum

Fidelity has boosted Lenskart's valuation to a staggering $6.1 billion, a 21% jump! This significant mark-up signals strong investor confidence as the eyewear giant eyes a potential $1 billion IPO at a $10 billion valuation. Lenskart's financial performance is soaring, paving the way for a landmark public debut.