Zepto In Talks To Sell $300 Mn Worth Shares To Mutual Funds Ahead Of IPO

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SUMMARY

Zepto is reportedly in talks with a host of top mutual fund houses to facilitate share sales worth $300 Mn ahead of its initial public offering (IPO)

The company’s CEO Aadit Palicha has met executives of top mutual funds including SBI Mutual Fund, Axis Mutual Fund, ICICI Prudential Mutual Fund and others

This comes after the quick commerce major raised $300 Mn from HNIs in November last year

Quick commerce major Zepto is reportedly in talks with a host of top mutual fund houses to facilitate share sales worth $300…



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Zepto In Talks To Sell $300 Mn Worth Shares To Mutual Funds Ahead Of IPO


SUMMARY

Zepto is reportedly in talks with a host of top mutual fund houses to facilitate share sales worth $300 Mn ahead of its initial public offering (IPO)

The company’s CEO Aadit Palicha has met executives of top mutual funds including SBI Mutual Fund, Axis Mutual Fund, ICICI Prudential Mutual Fund and others

This comes after the quick commerce major raised $300 Mn from HNIs in November last year

Quick commerce major Zepto is reportedly in talks with a host of top mutual fund houses to facilitate share sales worth $300…



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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