Archive · 19 May 2025
Motilal Oswal Founders Invest $100M in Zepto Ahead of IPO
Zepto, a company preparing to sell shares to the public, is getting more investments.
Motilal Oswal and Raamdeo Agrawal, founders of Motilal Oswal Financial Services, bought shares worth $100 million.
This was a secondary transaction, where the founders bought shares from some of the company's existing investors.
Zepto is also planning to get an additional $250 million.
The goal is to increase Indian ownership in the company before it starts selling shares to the public.
Edelweiss and Hero Fincorp are also involved in these investments.
The value of the company is about $5 billion.
Motilal Oswal and Raamdeo Agrawal invested $100 million in Zepto.
The investment was a secondary transaction to increase domestic shareholding.
Zepto is aiming to increase Indian ownership to over 50% before its IPO.
An additional $250 million secondary round is planned.
The investments value Zepto at $5 billion.
- Who
- Motilal Oswal and Raamdeo Agrawal, Zepto, and other investors like Edelweiss and Hero Fincorp.
- What
- Motilal Oswal and Raamdeo Agrawal purchased shares in Zepto.
- When
- May 13, 2025
- Where
- Mumbai, India
- Why
- To increase Indian ownership before the company's IPO.
- Investors
- Motilal Oswal, Raamdeo Agrawal, Edelweiss, Hero Fincorp
- Investment Amount
- $100 million (Oswal/Agrawal), $250 million (Additional round)
- Company Valuation
- $5 billion
- Purpose
- Increase domestic shareholding
- Transaction Type
- Secondary share sale
- IPO Status
- IPO-bound
