Zepto raises USD 350 mn in domestic funding

Zepto on Friday announced a USD 350 million fundraise in its latest round that the quick commerce company said marks the largest 100 per cent domestic fundraise within India’s startup ecosystem.

The round included investments from Indian High Net worth Individuals (HNIs), family offices, and leading financial institutions. It was led by Motilal Oswal’s Private Wealth division.

The fundraise saw participation from several family offices and investors including Motilal Oswal AMC and Raamdeo Agarwal, the Taparia Family Office, the Mankind Pharma Family Office,