Mumbai-based Motilal Oswal Financial Services has invested Rs 400 crore in quick commerce firm Zepto, according to a stock exchange filing by the…
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Motilal Oswal Financial Services invests Rs 400 crore in Zepto
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Synopsis
Motilal Oswal Financial Services has invested Rs 400 crore in quick commerce firm Zepto, as per a stock exchange filing. This investment follows smaller stake acquisitions by Elcid Investments and MapmyIndia. These secondary transactions value Zepto at approximately $5.9 billion, reflecting strong investor confidence in the company’s growth.
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