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New Deal


Announced

YC Continuity Fund led a $100m Series C funding round in Zepto.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For18%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Software

Minority

Friendly

delivery application

Cross Border

Completed

India

Venture Capital

Private

Acquisition

Synopsis

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YC Continuity Fund, an investment fund dedicated to supporting founders as they scale their companies, led a $100m Series C funding round in Zepto, a developer of a grocery delivery application. Additional investors include Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital and Contrary Capital. Zepto is growing quickly and its core unit economics are strong. The new capital will allow the Mumbai-based startup to grow its team and expand to more cities.

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