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Entrackr
| 7mDecoding Zepto's Unicorn round, valuation and shareholding
Zepto, an Indian quick commerce platform, achieved unicorn status after raising $200 million in a Series E round led by StepStone. The company allotted 6,52,948 Series E preference shares at an issue price of $297.6 per share to raise $194.2 million. StepStone made the largest investment of $76 million, with Nexus Venture and Goodwater Infinity contributing $50 million and $25 million, respectively. Existing investors Glade Brook and Lachy Groom added $21 million and $20 million to the round. Zepto is valued at $1.32 billion post-allotment and has raised over $560 million in funding to date.
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