Deal Announcement

Resolüt advises Mars Dragon Fund on India law aspects in Zepto's USD 340 million fundraise

Relevant Research​

We are delighted to announce that we advised Mars Dragon Fund on India law aspects in its investment in Zepto’s Series G fundraise ~ USD 340 million. With a revised valuation of USD 5 billion, this transaction solidifies Zepto’s position as a dominant force in India’s rapidly growing quick commerce sector. Further details of the Series G round can be found here.
MARS Growth Capital is a joint venture established in 2021 between Mitsubishi UFJ Financial Group (MUFG) and Liquidity Group which made its maiden foray into the equity space with the launch of Dragon Fund I. This new fund makes growth equity investments into private, tech and tech-enabled companies.
 
Zepto is a leading Indian quick commerce company. The company offers a wide range of products, including groceries, fresh produce, and household essentials, delivered to customers in minutes.

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We are delighted to announce that we advised Mars Dragon Fund on India law aspects in its investment in Zepto’s Series G fundraise ~ USD 340 million. With a revised valuation of USD 5 billion, this transaction solidifies Zepto’s position as a dominant force in India’s rapidly growing quick commerce sector. Further details of the Series G round can be found here.
MARS Growth Capital is a joint venture established in 2021 between Mitsubishi UFJ Financial Group (MUFG) and Liquidity Group which made its maiden foray into the equity space with the launch of Dragon Fund I. This new fund makes growth equity investments into private, tech and tech-enabled companies.
Zepto is a leading Indian quick commerce company. The company offers a wide range of products, including groceries, fresh produce, and household essentials, delivered to customers in minutes.

Deal Team

Relevant Research

Recent Research

Part 1: CCI approval for minority PIPE deals – to file or not to file?
1 2 3 47

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