Zepto: Zepto weighs Indian AIF, founder buyback to up local ownership

This includes securing $100-150 million through debt financing by the founders to buy shares from existing investors, while the company, along with its investors, is also considering setting up an Indian AIF to shift part of its foreign shareholding, multiple people aware of the matter said.

These discussions are aligned with a broader plan to facilitate a secondary funding round, onboard mutual fund…