on October 17, 2025 at 9:32 am Zepto closes $450-million round led by US pension fund Calpers; valuation hits $7 billion​

The startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the Bangalore-based startup said in a statement. The California Public Employees’ Retirement System became a shareholder via the pre-IPO funding.