Zepto in talks to raise $100-150 mn from domestic investors ahead of IPO

Zepto is in talks to raise $100-150 million in fresh funding from Indian family offices and high net-worth individuals (HNIs) as the quick commerce major looks to bring in more domestic investors to its cap table ahead of the upcoming initial public offering (IPO), according to sources.

In the last 14 months, Zepto has raised over $1.2 billion in funding to strengthen its balance sheet for its stock market debut expected next year.