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SUMMARYElcid Investments is reportedly picking up a 0.039% stake in quick commerce startup Zepto for INR 7.5 Cr
The investment will likely value the company at more than $5 Bn, the company said.
Zepto is planning to raise up to $500 Mn in a fresh funding round, as per another report surfaced earlier this month
Non-banking finance company (NBFC) Elcid Investments is reportedly picking up a 0.039% stake in quick commerce startup Zepto for INR 7.5 Cr.
An Arc…
