India, Nov. 17 -- Zepto's monthly cash burn has surged to over Rs.250 crore in the past two months, amid intensifying competition in the quick commerce sector.

This increase in cash burn comes as Zepto has closed a Rs.2,500 crore funding round, primarily from high-net-worth individuals (HNIs) in India, to strengthen its financial position and defend against rivals while expanding its market share.People familiar with the matter told Moneycontrol that Zepto's burn rate was around Rs.35-40 crore per month in May this year. However, this figure has grown more than sixfold in the past three months due to the company's increased investment in operations, digital marketing, and recruitment.

In September, Zepto's burn reached Rs.250 crore ($30...