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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
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27-Feb-2025 🛍️ Zepto expands dark stores, opens first women-only outlet
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31-Jan-2025 📦 Zepto rolls out 10-minute exchange, returns service
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28-Jan-2025 🇮🇳 Zepto relocates HQ to India ahead of anticipated IPO
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| 22-Jan-2025 📈 Zepto expands IPO plan to $1b amid rapid growth |
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