Stepstone Leads USD200m Series E for India’s Zepto

Stepstone Group led a USD200m Series E for Zepto, an India-based grocery delivery platform, with participation from Goodwater Capital, as well as follow-on from Nexus Venture Partners, Glade Brook Capital and Lachy Groom. The round values Zepto at USD1.4b, making it the first Indian unicorn in 2023. Read More

General Atlantic Exits India’s 360 ONE

General Atlantic fully exited 360 ONE (formerly IIFL Wealth Management), an India-based wealth and alternates-focused asset management firm, by selling its remaining 1.16% stake. General Atlantic sold a 3.55% stake in December 2022. Read More

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