Zepto’s IPO Crawl

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Last week, Zepto grabbed headlines again, but this time for reasons that could shape its future. First, it raised INR 400 Cr from Motilal Oswal, and second, it finally revised the app’s free delivery terms in line with rivals Blinkit and Swiggy Instamart.

To novice eyes, the two developments may seem fathoms apart — one being a routine fundraising, the other just an app tweak. But both are strategic — polishing the optics and strengthening fundamentals before the IPO. 

Motilal Oswal’s increase in stake boosts Indian institutional…



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Zepto’s IPO Crawl


Last week, Zepto grabbed headlines again, but this time for reasons that could shape its future. First, it raised INR 400 Cr from Motilal Oswal, and second, it finally revised the app’s free delivery terms in line with rivals Blinkit and Swiggy Instamart.

To novice eyes, the two developments may seem fathoms apart — one being a routine fundraising, the other just an app tweak. But both are strategic — polishing the optics and strengthening fundamentals before the IPO. 

Motilal Oswal’s increase in stake boosts Indian institutional…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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