Zepto in negotiations for $250 million secondary sale ahead of IPO

Quick Summary:

The private equity arms of Motilal Oswal Financial Services Ltd.and Edelweiss Financial Services Ltd.

Zepto and Motilal Oswal did not respond to requests for comment, while Edelweiss declined to comment.

Indian shareholders currently account for about 33 per cent of Zepto’s cap table, with founders Aadit Palicha and Kaivalya Vohra owning about a fifth of the firm.

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Category: BusinessFinance

Markets: India

Topics: Quick commerce Zepto Indian stock markets Online grocer Equity Equity shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 07:24:44 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 27306333

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