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Zepto becomes first unicorn this year

New Delhi, August 25 Online grocery company Zepto on Friday said it raised $200 million (around Rs 1,653 crore) in a funding round led by StepStone Group and said the company plans to launch its IPO by 2025. The funding...
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New Delhi, August 25

Online grocery company Zepto on Friday said it raised $200 million (around Rs 1,653 crore) in a funding round led by StepStone Group and said the company plans to launch its IPO by 2025.

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The funding is set to make the company the only startup to turn unicorn this year, Zepto said. The Mumbai-based firm plans to go public by 2025, founders Aadit Palicha and Kaivalya Vohra said.

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