Zepto raises $665 million at $3.6 billion valuation to charge up quick commerce battle

Zepto funding: Zepto to double dark stores count to 700 taking on rivals Blinkit, Swiggy Instamart and Big Basket’s BB Now. DST Global, Lightspeed Venture Partners, Avenir Growth Capital and Avra join as new investors in Zepto. Existing investors Glade Brook Capital, StepStone Group and Nexus Venture Partners led the funding round. About 40% of funding came from new investors.