ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zepto” target=”_blank”>Zepto founders ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/aadit-palicha” target=”_blank”>Aadit Palicha and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/kaivalya-vohra” target=”_blank”>Kaivalya Vohra are in advanced talks with ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/edelweiss-alternative-asset” target=”_blank”>Edelweiss Alternative Asset, domestic family offices and smaller credit funds for around Rs 1,500 crore (more than $175 million) ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/structured-debt” target=”_blank”>structured debt, people familiar with the matter told ET.The deal is aimed at acquiring shares from existing foreign investors to help the quick commerce startup consolidate domestic ownership ahead of its planned initial public offering ( data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/definition/ipo”>IPO), they said.
Edelweiss has submitted a binding bid, they said, adding that the loan carries a minimum interest…
