MapmyIndia said in the filing that its board has approved the proposal to invest in Zepto.
Last month, Mumbai-based non-banking finance company rel=”dofollow” href=”https://economictimes.indiatimes.com/elcid-investments-ltd/stocks/companyid-8195.cms” target=”_blank”>Elcid Investments had picked a small stake in Zepto for Rs 7.5 crore.
Investments by both MapmyIndia and Elcid Investments value Zepto at Rs 51,000 crore (around $5.9 billion)
These share purchases are being done via secondary…

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