Zepto Gets Domestic Shareholding Boost In $100 Mn Round

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SUMMARY

Zepto has brought in Motilal Oswal’s founders Motilal Oswal and Ramdeo Agrawal to its cap table through a $100 Mn secondary deal

Edelweiss and HeroMoto are also expected to participate as Zepto looks to increase domestic shareholding to 20%

The company’s last major round in 2024 was also raised exclusively from domestic investors

As major quick commerce players look to increase the domestic shareholding, Zepto has brought in Motilal Oswal’s founders Motilal Oswal and Raamdeo Agrawal to its cap table through a…



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Zepto Gets Domestic Shareholding Boost In $100 Mn Round


SUMMARY

Zepto has brought in Motilal Oswal’s founders Motilal Oswal and Ramdeo Agrawal to its cap table through a $100 Mn secondary deal

Edelweiss and HeroMoto are also expected to participate as Zepto looks to increase domestic shareholding to 20%

The company’s last major round in 2024 was also raised exclusively from domestic investors

As major quick commerce players look to increase the domestic shareholding, Zepto has brought in Motilal Oswal’s founders Motilal Oswal and Raamdeo Agrawal to its cap table through a…



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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