Dragon Fund, by Liquidity, has made a significant investment of $50 million in Zepto, India’s fastest-growing consumer internet company, as part of a $340 million follow-on financing round that elevated Zepto’s valuation to $5 billion. This investment highlights Dragon Fund’s strong belief in Zepto’s vision and potential.

Ridhi Chaudhary, Chief Investment Officer at Dragon Fund, stated, “Dragon Fund’s vision is to back world-class technology companies globally. We are thrilled to partner with Zepto and its exceptional team who are defining and building quick commerce in India.”

Aakash Tulsani, Managing Director at Dragon Fund, echoed this enthusiasm, saying, “Quick commerce addresses the convenience, variety, and value needs of urban India, which is a massive opportunity. We have been impressed by Zepto’s execution, data-driven approach, and ambition to build an enduring company. Our investment in Zepto reflects our belief in their ability to transform the Indian market and set new standards in e-commerce.”

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