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Informative

Zepto In Talks To Sell $300 Mn Worth Shares To Mutual Funds Ahead Of IPO

Update / Judgement Date

07 Feb 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIITStock Market

Ahead of its IPO, Zepto is reportedly onboarding top mutual funds for a $300 million share sale. This move aims to attract institutional investors and secure substantial funding before going public. Onboarding prominent mutual funds can enhance Zepto's credibility and increase investor interest in its IPO. This pre-IPO share sale is a common practice to raise capital and diversify ownership.