The private equity arms of Motilal Oswal Financial Services and Edelweiss Financial Services are in talks with the startup to buy its shares in a secondary share sale
The move is part of the quick commerce giant’s bid to increase the shareholding of Indian investors to nearly 50% from the current 33% ahead of its IPO
Previously, it was also reported that Zepto was holding discussions with Morgan Stanley and Goldman Sachs to helm its $800 Mn to $1 Bn IPO
With an eye on boosting domestic shareholding ahead of its…