The round was led by US investor StepStone Group, which made its first direct investment in an Indian firm. : New Delhi: Zepto on Friday said it has raised $200 million in a Series E round of funding at a valuation of $1.4 billion, making the online grocery company India’s first unicorn of 2023, and lifting hopes in the startup ecosystem facing a prolonged funding winter. The fundraise was led by US private market investor StepStone Group, which also made its first direct investment in an Indian company.