Zepto nears $350M secondary share sale to increase domestic ownership

Zepto, a rapidly growing quick-commerce unicorn known for its ultrafast grocery delivery services, is reportedly nearing the completion of a substantial $350 million secondary share sale. This transaction is being led by prominent financial institution Motilal Oswal and will provide an opportunity for early investors to secure partial exits at a consistent valuation of $3.5 billion. This secondary sale precedes Zepto's potential plans for an initial public offering (IPO) in 2025, while allowing the company to maintain its strong growth trajectory in the competitive quick-commerce sector.