Press Release

Zepto Reaches Unicorn Status With $200 Million Series E Financing

August 25, 2023

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.

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