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IPO-bound Zepto bags $350 mn from domestic investors

The New Indian Express

|

November 23, 2024

QUICK commerce start-up Zepto has raised $350 million in its latest round, which included investments from Indian HNIs, family offices, and leading financial institutions at a flat valuation of $5 billion.

IPO-bound Zepto bags $350 mn from domestic investors

The fundraise was led exclusively by Motilal Oswal's Private Wealth division.

This fundraise also saw participation from family offices and investors such as Motilal Oswal AMC and Raamdeo Agarwal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, Cello Family Office, Haldiram Snacks Family Office, Sekhsaria Family Office, Kalyan Family Office, Happy Forgings Family Office, Mothers Recipe Family Office (Desai Brothers), Abhishek Bachchan and Sachin Tendulkar, among others.

WEITERE GESCHICHTEN VON The New Indian Express

The New Indian Express

Sinner cruises, Osaka steals show with fashion statement

JANNIK Sinner barely broke sweat in launching his quest to win a third Australian Open in a row on Tuesday as Naomi Osaka stole the show with a bold fashion statement.Frenchman Gael Monfils meanwhile bid farewell to Melbourne Park with an epic defeat and thanks for “an amazing ride”.

time to read

1 min

January 21, 2026

The New Indian Express

The New Indian Express

TEARING PAGES OFF A FRAGILE BOOK

THE decision to indefinitely postpone the announcement of the 2025 Sahitya Akademi Awards marks a significant moment in India’s cultural and constitutional life.

time to read

3 mins

January 21, 2026

The New Indian Express

SABARIMALA GOLD THEFT ED raids 21 places in TN, 2 other states

IN a major crackdown linked to large-scale misappropriation of temple assets at Sabarimala, the Enforcement Directorate (ED) conducted simultaneous raids at 21 locations across Kerala, Karnataka, and TN on Tuesday as part of its probe into the money laundering angle.

time to read

1 mins

January 21, 2026

The New Indian Express

THROWING OUT THE TOWEL

THE Africa Cup of Nations final witnessed tense on-pitch seaman questionable late penalty awarded to hosts Morocco, an embarrassing penalty miss, an extra-time goal by Senegal, and a temporary walkout by the visiting team.

time to read

1 min

January 21, 2026

The New Indian Express

Ravi refuses to deliver customary speech in House

FOR the third consecutive year, Governor RN Ravi’s annual customary inaugural address to the Assembly became a flashpoint, with the governor once again refusing to read the speech prepared by the state.

time to read

2 mins

January 21, 2026

The New Indian Express

Gold, silver ETFs on cards: Jio BlackRock MD & CEO

SEVEN months after its launch, Jio BlackRock Mutual Fund has crossed ₹15,000 crore in assets under management (AuM) and is now preparing to roll out a wider suite of products in 2026, including gold and silver exchange-traded funds (ETFs), while evaluating the feasibility of a copper ETF for the Indian market.

time to read

1 min

January 21, 2026

The New Indian Express

VOTE FOR ADEQUATE INFRA IN GROWING BENGALURU

WHILE Bengaluru votes this summer for the five corporations of the Greater Bengaluru Authority, it will be on paper.

time to read

1 mins

January 21, 2026

The New Indian Express

USE BUDGET TO LAUNCH NEXT-GEN REFORMS AS CHALLENGES DOT HORIZON

HERE is both good and bad news for the Indian economy from the International Monetary Fund.

time to read

1 mins

January 21, 2026

The New Indian Express

The New Indian Express

LIC officer's death in blaze turns out to be murder, 1 held

THE Madurai LIC branch office fire, in which a senior woman official was charred to death in December 2025, took a shocking turn on Monday with the police arresting the victim's junior colleague on murder charges.

time to read

1 mins

January 21, 2026

The New Indian Express

The New Indian Express

Israeli forces bulldoze UNRWA offices, target UN sites in east Jerusalem

ISRAELI forces on Tuesday targeted at least two United Nations facilities, pushing forward with its crackdown against the UN agency for Palestinian refugees tasked with delivering humanitarian services to millions of people across the region.

time to read

1 min

January 21, 2026

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