Thursday, 8 October 2026
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Private Equity Other Private Equity/Strategic Investments

Quick commerce player Zepto raises Rs.400-Cr from Motilal Oswal Financial Services

Source Inc42 (opens in a new tab)Investor Disclosure (opens in a new tab)

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.

Company website ↗ (opens in a new tab)

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.