7 Nov 2025, Fri

Motilal Oswal Founders Boughdt Shares Worth 100 Million Dollar of Zepto

Zepto: Motilal Oswal Financial Services founders Motilal Oswal and Ramdev Aggarwal have bought $ 100 million shares in Quick Commerce Service Platform Jepto. Sources quoted as saying in a report of Moneycontrol that each of the two has bought shares of $ 50-50 in this fast trade unicorn.

Company engaged in increasing the share of domestic investors

According to the report, the deal has been done at a time when more stake in the Jepto company is trying to be Indian investors. During this time, Oswal and Aggarwal have bought shares from some early foreign investors of Jepto like rocket internet, lachi groom.

Quick Commerce company preparing for IPO is preparing to raise $ 200-250 million funds through secondary transactions. During this time, more and more Indian investors can buy their stake in the company. Among them, there are many other big names like Motilal Oswal (firm), Edelweis Hero Fincorp. Even after this transaction, the total value of Jepto remains $ 5 billion.

At this time, the plan is to launch IPO

The company is trying to give more and more shares from foreign investors to Indian investors so that it can be considered an Indian company and it can get many convenience in business under it. Before the launch of the IPO, the company’s plan is to increase the share of Indian investors in more than 50 percent. According to the report, Jepto can launch its IPO in FY 2026 or 2027.

The company shifted headquarters

According to listing rules in January this year, Jepto shifted his headquarters from Singapore to India. The company’s headquarters are currently in Bengaluru. Jepto has changed its parent company from Kirecart Technologies Private Limited to Jepto Private Limited. In November 2024, US $ 350 million was raised in the domestic funding round at a valuation of $ 5 billion.

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