Quick commerce platform Zepto has secured Rs 400 crore which is around 46 million US dollars from Motilal Oswal Financial Services Limited through the allotment of 7.55 crore compulsorily convertible preference shares.
This investment is part of Motilal Oswal’s treasury investment book aimed at generating long term and sustainable returns. The financial services firm has been an existing backer of Zepto and had led a 350 million US dollar funding round in the company in November 2024.
The funding comes at a time when Zepto is actively raising capital. Recently MapMyIndia invested Rs 25 crore for a 0.049 percent stake while Elcid Investment contributed Rs 7.5 crore valuing the company at over 5 billion US dollars. Reports indicate that Zepto is also in talks to raise more funds at a 7 billion US dollar valuation.
According to official filings Zepto recorded a turnover of Rs 11,110 crore which is approximately 1.3 billion US dollars in the financial year 2025. The fresh capital is expected to extend its operational runway ahead of a planned initial public offering in 2026. The company is aiming to achieve EBITDA break even in the next 12 to 15 months.
Apart from groceries and food items Zepto has expanded into delivering medicines competing with other quick commerce players like Swiggy Instamart Blinkit and Flipkart’s Minutes. The company has launched Zepto Pharmacy in select areas of Mumbai Bengaluru Delhi NCR and Hyderabad. Zepto stated that it has spent the last 12 months running this service on a limited scale to improve customer experience supply chain efficiency and compliance standards.
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