Motilal Oswal co-founders acquire $100- million Zepto shares

Motilal Oswal Financial Services co-founders Motilal Oswal and Raamdeo Agrawal have bought shares worth $100 million in quick commerce platform Zepto, according to sources. Each of them have bought shares worth $50 million in their personal capacity.

This comes at a time when Zepto is increasing its domestic ownership to 50% ahead of the initial public offering (IPO). According to sources, the domestic shareholding of the company would touch 35% after this secondary transaction.