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.
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.