Grocery startup Zepto has raised $665 million in a recent investment round, boosting its valuation to $3.6 billion, according to a statement released on Friday. Zepto reported that its gross merchandise value has “multiplied year-on-year to a base of $1 billion+”, and nearly 75% of its stores are fully EBITDA positive as of May 2024. Aadit Palicha, co-founder and CEO …
