Quick commerce player Zepto raises Rs.400-Cr from Motilal Oswal Financial Services
Mumbai-based quick commerce major Zepto has raised INR 400 crore (about USD 45.7 million) from fellow Mumbai-based publicly listed financial services company Motilal Oswal Financial Services Ltd (MOFSL).The startup is to issue 7.6 crore compulsorily convertible preference shares (CCPS) to MOFSL.
Between Jan 2021 and Jul 2025, Zepto had attracted about USD 1,968-M from Glade Brook Capital, Goodwater Capital, Nexus Venture Partners, StepStone Group, and others.
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