Zepto Raises INR 400 Cr From Motilal Oswal Financial Services

Quick commerce major Zepto has raised INR 400 Cr (about $45.7 Mn) from Motilal Oswal Financial Services Ltd (MOFSL)

MOFSL said that the share acquisition is a part of the treasury investment book, “executed with the objective of generating sustainable, long-term returns”

This marks the third instance of the quick commerce unicorn raising capital from a listed entity

Adding to its spree of fundraises in the past two weeks, quick commerce major Zepto has now raised INR 400 Cr (about $45.7 Mn) from financial services…