Zepto Secures Rs 400 Crore Investment to Enhance Quick Commerce

Zepto, a key player in the quick commerce industry, has successfully raised Rs 400 crore (approximately $46 million) from Motilal Oswal Financial Services Limited (MOFSL) through the issuance of 7.55 crore compulsorily convertible preference shares. This investment is part of MOFSL’s strategy to build a sustainable treasury investment portfolio and aims for long-term financial returns, as indicated in a recent stock exchange report.

Motilal Oswal has a history with Zepto, having led a significant $350 million funding round for the company, which is headed by Aadit Palicha, back in November 2024.

Recent Funding Activity of Zepto

This investment comes during an active fundraising period for Zepto. Recently, MapMyIndia invested Rs 25 crore for a 0.049% equity stake, while Elcid Investment contributed Rs 7.5 crore at a valuation exceeding $5 billion.

Future Plans and Financial Performance

The Mumbai-based company is currently exploring opportunities to raise additional funds, aiming for a valuation of $7 billion. According to recent filings, Zepto reported a turnover of Rs 11,110 crore (about $1.3 billion) in FY25.

The latest funding is anticipated to support Zepto’s growth initiatives as the company prepares for a planned IPO in 2026 and seeks to reach EBITDA break-even within the next 12 to 15 months.

Diversity in Offerings

In addition to groceries and food products, Zepto has begun diversifying its services to include medicine delivery, competing with rivals such as Swiggy Instamart, Blinkit, and Flipkart’s Minutes. The firm has recently introduced Zepto Pharmacy in select locations across Mumbai, Bengaluru, Delhi NCR, and Hyderabad. Zepto has reportedly spent the last year refining its service on a smaller scale, focusing on improving customer experience, supply chain efficiency, and compliance measures.