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Zepto is undertaking a secondary share sale worth over $200 million. The move aims to boost domestic ownership ahead of its planned initial public offering (IPO).

Mar 26, 2025•4 months ago

Amount Raised

$200 Million

India

Investors

Motilal Oswal Financial ServicesEdelweiss Financial Services

Description

Zepto is planning a secondary share sale of over $200 million to increase domestic ownership before its IPO. The company's valuation remains at $5 billion. Private equity arms of Edelweiss Financial Services and Motilal Oswal Financial Services will be buying a significant portion of the shares. This transaction aims to raise domestic shareholding to at least 40%.

Company Information

Company

Zepto

Location

India

About

The startup, whose name playfully uses a mathematical term to describe the business, offers a 10-minute grocery delivery service. 19-year-old Palicha said these dark stores, which the startup has set up and owns, are designed and optimized for fast deliveries. Nexus and Y Combinator as well as angel investors Lachy Groom, Neeraj Arora, and Manik Gupta participated in the round, which according to two people familiar with the matter, values Zepto between $200 million and $300 million.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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