Zepto in talks with Indian family offices to shore up another $100-150 million
Quick commerce firm Zepto has held discussions to raise another $100-150 million from a group of domestic family offices and wealthy individuals at a pre-investment valuation of $4.6 billion, sources aware of the matter said.
Motilal Oswal Group’s private wealth arm is running the mandate for the fundraising and Motilal Oswal Asset Management Company has already committed about $40 million in this round.
Motilal Oswal Financial Service chairman Raamdeo Agrawal has backed Zepto in his personal capacity.
