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Zepto plans $250m secondary share sale ahead of IPO

Indian online grocery startup Zepto is facilitating a secondary share sale worth up to US$250 million.

This initiative aims to increase Indian investor ownership ahead of its planned initial public offering (IPO).

The sale allows employees and investors to cash out shares without raising new capital.

Motilal Oswal Financial Services and Edelweiss Financial Services are reportedly in discussions to purchase shares in this secondary sale.

Zepto’s valuation remains over US$5 billion, with plans to increase Indian ownership from 33% to 50% before going public in late 2025 or early 2026.

Recent Zepto developments

Timeline
05-Mar-2025 🛒 Zepto CEO refutes Zomato’s quick commerce cash burn claim
  • Zepto CEO disputes Zomato’s cash burn claims.
  • Palicha calls Goyal’s statement ‘verifiably untrue.’
27-Feb-2025 🛍️ Zepto expands dark stores, opens first women-only outlet
  • Zepto opens 20+ dark stores in Tamil Nadu
  • Partners with 100+ farmers for local produce
31-Jan-2025 📦 Zepto rolls out 10-minute exchange, returns service
  • Zepto launches 10-min exchange/return service
  • Excludes certain products for safety reasons
28-Jan-2025 🇮🇳 Zepto relocates HQ to India ahead of anticipated IPO
  • Zepto relocates HQ from Singapore to India
  • Plans IPO amid favorable market conditions
22-Jan-2025 📈 Zepto expands IPO plan to $1b amid rapid growth

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