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Zepto scores 200 Mn Series D round at $900 Mn valuation

Shortpedia

Content Team
Image Credit: shortpedia

Ten-minute grocery delivery platform Zepto has raised $200 million from its previous round lead investor Y Combinator Continuity along with new investor Kaiser Permanente. Other existing backers: Nexus Ventures, Glade Brook and Lachy Groom also joined the Series D round. The nine-month-old company has missed the unicorn status by $100 million as it has been valued at $900 million (post-money).