Zepto, the Indian grocery delivery startup, has achieved a significant milestone with its valuation climbing to $5 billion, thanks to a recent funding round led by General Catalyst Partners. This represents a remarkable 40% increase in the company’s valuation.
The $340 million funding round also welcomed new investors Dragon Fund and Epiq Capital, while existing backers such as Lightspeed…
A week ago, ShareChat had declared its $502 million Series E round drove by Tiger Global. While the organization unveiled the interest of its current financial backers Twitter, Snap and Lightspeed in the round, it didn’t uncover a sizable speculation from Tencent.
Administrative filings show that ShareChat has brought $225 million up in the type of convertible obligation from Tencent Europe and…
Amazon-sponsored general protection startup Acko has closed its first ESOP liquidity program worth $2 million for around 40 of its drawn out colleagues, fellow benefactor Ruchi Deepak revealed to ET Monday.
Under the program, workers who have finished three years at the association were given the choice to sell 40%-100% of their vested representative stock proprietorship plan. The activity…
