Motilal Oswal founders invest $100 mn in Zepto

Motilal Oswal and Raamdeo Agrawal have bought shares worth $100 million in quick commerce platform Zepto, according to sources.

- RAGHAV AGGARWAL New Delhi, May 12

MOTILAL OSWAL FINANCIAL Services co-founders Each of them have bought shares worth $50 million in their personal capacity.

This comes at a time when Zepto is increasing its domestic ownership to 50% ahead of the initial public offering (IPO).

According to sources, the domestic shareholding of the company would touch 35% after this secondary transaction.