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Bengaluru, India – July 13, 2023 – Early investors in Zepto, a quick commerce startup, have made massive returns on their investments. Shares of the company are trading at a premium of up to 6,000% in secondary markets.
Zepto was founded in 2021 by Aadit Paliwar and Kaivalya Vohra. The company offers grocery delivery within 10 minutes. Zepto has raised over $1 billion in funding, including a $570 million Series D round led by Tiger Global Management in January 2023.
The high valuations of Zepto’s shares in secondary markets reflect the strong demand for the company’s stock. Investors are betting that Zepto will be one of the leading players in the quick commerce space.
“Zepto is one of the most promising quick commerce startups in India,” said an investor who spoke on condition of anonymity. “The company has a strong team and a clear vision. I am confident that Zepto will be a major player in the quick commerce space.”
The high valuations of Zepto’s shares also highlight the risk of investing in early-stage startups. The company is still in its early stages and there is no guarantee that it will be successful. However, the potential rewards for investors are also high.
Here are some additional details about the secondary market trading:
- Shares of Zepto are trading at a premium of up to 6,000% in secondary markets.
- The high valuations reflect the strong demand for the company’s stock.
- Investors are betting that Zepto will be one of the leading players in the quick commerce space.
- The high valuations also highlight the risk of investing in early-stage startups.
What do you think about the secondary market trading?
