Mumbai-based non-banking financial company (NBFC) Elcid Investments has invested Rs 7.5 crore in quick commerce platform Zepto, according to a stock exchange filing. Noida-based DesignX has secured $2 million in a pre-Series A funding round led by Rockstud Capital.
Zepto raises funds from Elcid Investments
Mumbai-based non-banking financial company (NBFC) Elcid Investments has invested Rs 7.5 crore in quick commerce platform Zepto, according to a stock exchange filing.
The investment, made at Rs 33.23 per share, gives Elcid a 0.0146% stake and values Zepto at about Rs 51,369 crore ($5.9 billion). Following the transaction, Elcid’s total holding in the company has risen to 0.039%.
It had earlier invested Rs 17.5 crore in Zepto in a secondary deal last November.
DesignX snags $2m
Noida-based DesignX has secured $2 million in a pre-Series A funding round led by Rockstud Capital.
The round also saw participation from We Founder Circle, Piper Serica, and existing clients.
The fresh capital will be used to scale operations across India and international markets, while further strengthening the platform’s AI and integration capabilities.
Founded in 2015 by engineers Rajat and Nishant Srivastava, DesignX offers a digital factory operating system (Df-OS) that digitizes over 600 factory floor processes. The platform integrates with existing ERP, IoT, and enterprise systems to deliver real-time operational insights, helping manufacturers drive efficiency and productivity.
