Tue May 13 06:43:50 UTC 2025: ## Indian Investors Boost Zepto’s Domestic Ownership Ahead of IPO

**NEW DELHI, May 13, 2025** – Quick-commerce startup Zepto is significantly increasing its Indian ownership ahead of its planned Initial Public Offering (IPO), with a major investment from prominent Indian financial players. Motilal Oswal and Raamdeo Agrawal, co-founders of Motilal Oswal Financial Services, have each invested $50 million in Zepto shares through a secondary transaction, acquiring shares from foreign investors. This $100 million investment is part of a larger effort to meet Zepto’s internal target of exceeding 50% domestic shareholding before going public.

The move is complemented by a further $250 million secondary round being led by Motilal Oswal Financial Services, with participation from Edelweiss and Hero FinCorp. This brings the total investment to $350 million, all executed at Zepto’s previous valuation of $5 billion. While Zepto has not yet commented, binding documents for the $250 million round have been signed, with a formal announcement anticipated in June. Currently, Indian ownership in Zepto stands at just over 42%. This significant injection of capital aims to solidify Zepto’s position in the Indian market before its anticipated IPO.

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