Zepto In Talks To Raise INR 1,500 Cr In Debt: Report

Zepto founders Aadit Palicha and Kaivalya Vohra are reportedly in advanced discussion for around INR 1,500 Cr structured debt

Edelweiss has submitted a binding bid, and the loan carries a minimum interest rate of 16%, with an equity-linked upside, enhancing the total returns to about 18%

The debt raise is being executed at a valuation of almost $5 Bn

Quick commerce giant Zepto founders Aadit Palicha and Kaivalya Vohra are reportedly in advanced discussion for around INR 1,500 Cr (around $175.6 Mn) structured debt. 

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