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Online grocery platform Zepto is talking to its current shareholders to sell as much as $250 million of their equity, a move aiming to boost the ownership of Indian investors before the quick ...
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ETtech Explainer: Why Zepto founders are taking personal debt to boost Indian ownershipAs Zepto IPO approaches... By picking up debt to acquire existing shareholders’ stake, Palicha and Vohra will raise their ownership to 20% from the current 18%. The quick commerce startup counts ...
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Zepto founders tap Edelweiss, others for Rs 1,500 crore structured debt to boost Indian ownershipZepto founders Aadit Palicha and Kaivalya Vohra are in advanced talks with Edelweiss Alternative Asset, domestic family offices and smaller credit funds for around Rs 1,500 crore (more than $175 ...
With the secondary share sale of almost $250 million, Zepto, an online grocery startup, is preparing for an introduction most awaited one. It aims to bring in greater participation by Indian ...
Quick commerce unicorn Zeptois about to close a $350 million secondary share sale at about $5 billion valuation as it looks to increase domestic ownership. According to a report by ET Now ...
Zepto is conducting a secondary share sale of over $200 million to boost domestic ownership from 33% to at least 40% before its planned IPO, aiming for 50% eventually. Edelweiss Financial Services ...
Zepto's annualized sales run rate recently exceeded $1.5 billion, Palicha told them, adding that a growth rate of approximately 150% would push its sales to more than $3.5 billion.
Zepto, the quick commerce company ... Palicha shared that the primary goal of the round was to boost domestic ownership ahead of a planned IPO in 2025. On the company’s progress toward shifting ...
Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors ahead of a planned ...
Zepto has raised a funding of $350 million in ... The aim is to increase domestic ownership ahead of the company’s planned initial public offering (IPO) next year, sources said.
Zepto has raised a massive $665 million in a new round of funding, more than doubling its valuation to $3.6 billion from $1.4 billion in less than a year, as the Mumbai-based startup doubles down ...
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