Merama’s Post

Zepto Secures $665 Million in Largest Funding Round of the Year Post-money Valuation: $3.6 B (2x increase since their previous raise) New Investors added: Avenir, Lightspeed, Avra Cap. A few key highlights⤵️ - Aiming to double store count to 700, currently at 350. - Over 260 are already EBITDA +ve - Time taken to achieve store profitability has reduced from 23 months to ~ 6 months - 140% y-o-y growth with an annualized gross merchandise value of over $1 billion ⏭️In the past 1 year, Zepto has raised $896 M and expects IPO by 2025 Quick commerce has finally taken off in India. Another opportunity missed :( --- FOLLOW Snehil Chhabria for more! #zepto #blinkit #zomato #funding #startup #ipo #business #finance #investing #quickcommerce #wealth #unicorn src-vcguy

OTO, a digital commerce and financing platform for two-wheelers, has raised $10 million in a funding round led by GMO Venture Partners, with participation from Turbostart, Indian cricket star KL Rahul, and several family offices. Existing investors Prime Venture Partners, Matrix Partners, and 9Unicorns funds also participated in the round. Co-founded by serial entrepreneurs Sumit Chhazed and Harsh Saruparia, OTO is reshaping the purchasing, financing, and resale journey for the 20 million annual two-wheeler buyers in India. Read the full story here: 👇 https://lnkd.in/dpK6kDxW #funding #investors #financing #vehicles #digital #commerce #startup #Indianstartupnews

Cart[.]com has closed a $30M round. [$1.2B valuation] Their second round this year. [$60M round in June] Ecomm logistics funding slowed in 2023. But these companies managed to close rounds. Or make acquisitions. Interested to see what 2024 will bring. #startups #fundinground #ecommerce #logistics

ixigo IPO: Retail Portion Subscribed Over 5X On Day 1 #startupnewsindia #startuplife #startupindia #startup #startupnewsfyi #todaynews #startupnews #foryou #indianbusiness #foryoupage #indianbusinessnews #todaysnews #explorepage #startupnewsdaily #fyp #indiabusiness #startupbusiness #startupnewsnstoriesindia #ixigo #ixigotravels #ixigotravelshot #retail #retailportion #retailportions

#News | Logistics startup Ecom Express Limited has filed its DRHP with SEBI, aiming to raise INR 2,600 Cr through its IPO. The funds will be used for infrastructure expansion, IT upgrades, and debt repayment. This marks the startup's second IPO attempt after shelving plans in 2022 due to market conditions. #RealtyNXT #IPO #Logistics #Fundraising #TechInfrastructure #Ecommerce #BritishInternationalInvestment #StockMarket #StartupFunding

Investcorp Backs Salla in $130 Million Fundraise Ahead of IPO - Sanabil, STV also participated in the pre-IPO fundraising - Salla is part of bevy of Saudi startups prepping for listing Salla, a Saudi Arabian software startup, raised $130 million from investors including the alternative asset manager Investcorp in what’s likely to be its last funding round ahead of a planned listing. Sanabil, a unit of the kingdom’s sovereign wealth fund, and venture capital firm STV also participated in the fundraising, according to a statement from Investcorp. STV had previously backed Salla, which offers software for e-commerce firms to build websites and handle online payments. #venturecapital #fundraising #investing Supercap Group Salla E-Commerce Platform

Congratulations to Carryt in the acquisition of Liftit’s operations in Brazil. Carryt’s high growth strategy has not only organic growth strategies. It is achieving 4X revenue growth in Brazil through M&A activity, fostering stronger unit economics. Aluna Partners acted as buy side M&A consultant to Carryt on this transaction. Daniel Cuervo, CEO of Carryt explains. Watch the full video here https://lnkd.in/eaedFwW6 #privatedebt #privateequity #alternativefinance #alternativeinvestments #venturecapital #privateplacement #saas #fintech #insuretech #mobility #logistics #healthtech #latinamerica #europe #usa #canada #mena #funding #startups #startupfunding #investmentbanking #corporatefinance #alunaunderwriting #M&A

Mumbai-based digital-first luggage brand Nasher Miles has raised $4 million in a bridge round of funding at a post-money valuation of $30 million. The funding round saw participation from Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya (Goldman Sachs Growth Equity), and Mohit Goyal (ex-CVC Capital Partners), among several others. Read the full story here: 👇 https://lnkd.in/dzmixcVv #funding #luggage #brand #startup #investors #traveling #indianstartupnews

🚀 Zepto Secures $310M at a $5B Valuation! Zepto, the Mumbai-based quick commerce firm, is set to raise another $310M, pushing its valuation to a staggering $5B. This comes just a month after closing its last round, marking a significant leap from $1.4B to $3.6B in valuation within a year. Key Investors: 1. Mars Growth: Investing $50M 2. General Catalyst: Leading with $200M This rapid growth highlights the booming demand for quick commerce. With Neeraj Arora from General Catalyst joining the board, Zepto is gearing up for an even bigger impact. #Startups #Funding #QuickCommerce #Zepto #Valuation #Investment

he secondary sale of Lenskart may reach a valuation 11-12% higher than its previous $4.5 Bn Temasek is leading the $200 Mn round with an investment of $125-150 Mn, while the remaining amount will be injected by Fidelity In this latest funding round, early investors like TR Capital, KKR, and Avendus are considering selling a part of their stakes in Lenskart #startupnews #indianstartupnews #fundingalert #Acquisitionalerts #funding #startupsucess #startupbusiness #startupchallenge #startup