Online Grocer Zepto in Talks for $250 Million Secondary Sale Ahead of IPO

Online Grocer Zepto in Talks for $250 Million Secondary Sale Ahead of IPO

Online grocer Zepto is in talks for current stockholders to sell as much as $250 million of their equity, a move aimed at boosting the ownership of Indian investors before the startup seeks to go public later this year.

IPO-Bound Zepto Pushing Backers To Dump $250 Mn Stakes

With an eye on boosting domestic shareholding ahead of its initial public offering (IPO) later this year, quick commerce major Zepto is reportedly pushing existing investors to offload stakes worth $250 Mn. Sources told Bloomberg that 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. As per the report, employees and “some existin…

Report: Zepto Considers Secondary Sale at $5 Billion Valuation

Indian online grocer Zepto is reportedly in talks on a secondary sale that would allow employees and some investors to sell shares.

Zepto In Talks For $250 Million Secondary Sale Ahead Of IPO

Online grocer Zepto is in talks for current stockholders to sell as much as $250 million of their equity, a move aimed at boosting the ownership of Indian investors before the startup seeks to go public later this year. The private equity arms of Motilal Oswal Financial Services Ltd. and Edelweiss Financial Services Ltd. are in discussions with the Bangalore-based startup to buy shares in the secondary sale, according to people familiar with the…