IPO-Bound Zepto Pushing Backers To Offload $250 Mn Stake

The private equity arms of Motilal Oswal Financial Services and Edelweiss Financial Services are in talks with the startup to buy its shares in a secondary share sale

The move is part of the quick commerce giant’s bid to increase the shareholding of Indian investors to nearly 50% from the current 33% ahead of its IPO

Previously, it was also reported that Zepto was holding discussions with Morgan Stanley and Goldman Sachs to helm its $800 Mn to $1 Bn IPO

With an eye on boosting domestic shareholding ahead of its…