URL copied to clipboard

Trending News

Motilal Oswal to Invest $40M in Zepto’s $150 Million Funding Round!– Find Out More!

Zepto is in talks to raise $100-150 million from Motilal Oswal and others, with Raamdeo Agrawal personally investing $15 million to increase his stake, boosting the quick commerce startup's growth.

Quick commerce startup Zepto is in advanced talks to raise between $100-150 million from Motilal Oswal, Indian family offices, and high-net-worth individuals (HNIs). Of this amount, Motilal Oswal will contribute $40 million, with Raamdeo Agrawal personally investing $15 million to increase his stake in the company.

Alice Blue Image

Raamdeo Agrawal, chairman and co-founder of Motilal Oswal, has already invested in Zepto and is looking to expand his ownership in the company through this latest funding round. The talks between Zepto and potential investors have been ongoing for around three months and are expected to conclude soon.

Also read: Integrum Energy Files for ₹49.5 Crore SME IPO Opportunity!

Zepto’s valuation is set to remain unchanged at $5 billion following this round of investment. The company is aiming to increase domestic ownership ahead of its initial public offering (IPO). Preparations for the IPO are already in progress, with Goldman Sachs, Morgan Stanley, and Axis Capital selected as investment bankers for the offer.

This will mark Zepto’s third major fundraising round in just four months. The company is building up its cash reserves to compete with industry giants like Zomato’s Blinkit, IPO-bound Swiggy, Walmart’s Flipkart Minutes, and Tata’s BigBasket as it continues to disrupt the quick commerce sector.

Also read: Largest SME IPO by Danish Power Opens Oct 22 – Learn More!

In June, Zepto raised $665 million at a valuation of $3.6 billion, followed by another $340 million in August at a $5 billion valuation. Over the past four months alone, the company has secured over $1 billion, boosting its financial strength significantly.

Alice Blue Image

If Motilal Oswal successfully invests at an $8 billion valuation, Zepto’s value would have increased nearly 500% in just 18 months, rising from $1.4 billion in August 2023. This extraordinary growth underscores the company’s ability to outperform expectations in the fast-growing quick commerce market.

Loading
Submit the form, and get to know how you scored!!!
Read More News
हैदराबाद स्थित IT स्टॉक सिडनी, ऑस्ट्रेलिया में व्यापार विस्तार के बाद ऊँचा चढ़ा, वैश्विक उपस्थिति को मजबूत किया।

हैदराबाद स्थित IT स्टॉक में उछाल, कंपनी के सिडनी, ऑस्ट्रेलिया में व्यवसाय विस्तार की घोषणा के बाद।

वैश्विक इंजीनियरिंग लीडर ने ऑस्ट्रेलिया के पैरामेटा में अपना नया कार्यालय खोला, जिससे बाजार में अपनी उपस्थिति मजबूत की,