Zepto Reaches Unicorn Status With $200 Million Series E Financing

Singapore – August 25, 2023 – Cooley advised Zepto, an Indian instant grocery delivery company, on its $200 million Series E financing, which brings its valuation to $1.4 billion. Partner Matthew Bartus led the Cooley team advising Zepto.

StepStone Group led the financing round, with participation from Goodwater Capital, Nexus Venture Partners, Glade Brook Capital and Lachy Groom. With the close of this Series E round, Zepto becomes India’s first 2023 unicorn.

Cooley has advised Zepto on multiple financing rounds since the formation of the company, including its $200 million Series D in May 2022.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has nearly 1,400 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.