Stake sale · Commerce & Consumer Brands

Zepto plans $250 million secondary share sale to boost Indian ownership before IPO

By Startup Enthusiast · 11 March 2025

What they do

Zepto delivers groceries and office supplies in ten minutes across Indian cities

The company is facilitating a $250 million secondary share sale to increase Indian ownership before its IPO

Zepto aims to raise its Indian stake to 50% and maintains a $5 billion valuation despite the ongoing market correction

Zepto is in advanced talks to raise $250 million through a secondary share sale to increase its domestic ownership before its IPO.
The secondary sale involves existing investors and employees selling their shares, with the money not going to the company.
The company aims to raise its Indian stake to 50% before its IPO, which is expected to be filed in late 2025 or early 2026.
Zepto has maintained a stable valuation of $5 billion despite ongoing market corrections.
The company recently secured a $350 million funding round, led by Motilal Oswal’s private wealth division.

Zepto is working to increase its Indian ownership to meet regulatory and market expectations ahead of its IPO.
The secondary share sale is part of a broader strategy to boost domestic investor confidence and align with the growing Indian startup ecosystem.
The company is competing with major players like BlinkIt, Instamart, and BigBasket in the quick commerce sector.

Zepto is a quick commerce delivery service that delivers groceries and office supplies in ten minutes across Indian cities.
The company operates a network of around 1,000 dark stores to support its delivery operations.
Zepto has been expanding its operations and is on track to achieve Ebitda profitability by the end of FY26.
The company is positioned to benefit from the growing demand for quick commerce services in India.
Zepto is one of the fastest-growing consumer internet firms in India and has been recognized as a top startup on LinkedIn.

Motilal Oswal (investor) — Private equity arm of Motilal Oswal Financial Services.

Product: A rapid-delivery app for groceries and everyday essentials.
Customers: Consumers ordering groceries and essentials online.
How it makes money: It earns from product margins, delivery fees, and order-value thresholds across its quick-commerce network.
What sets it apart: It was built as a quick-commerce native company from day one.
Operations: Operates dark-store based 10-minute delivery across multiple Indian cities.