MapmyIndia Invests ₹25 crore in Zepto to Strengthen its Presence in Quick Commerce

Homegrown digital mapping services company MapmyIndia has announced an investment of ₹25 crore in quick commerce startup Zepto, securing a 0.049% stake. According to regulatory filings, the investment has received board approval and is part of a broader initiative to increase Indian ownership in Zepto before its public listing.

Strategic Investments to Boost Indian Holding

Last month, Mumbai-based non-banking finance company Elcid Investments acquired a small stake in Zepto for ₹7.5 crore. The transactions by both MapmyIndia and Elcid value Zepto at ₹51,000 crore (around $5.9 billion) and are being executed through secondary share sales. 

These moves aim to add 8–10% Indian shareholding to Zepto’s cap table, supplementing the 28% currently held collectively by founders Aadit Palicha, Kaivalya Vohra, and the company’s ESOP pool.

Secondary Deal and Pre-IPO Restructuring

Zepto is also in the process of closing a $250 million secondary deal involving the sale of shares by private equity firm Motilal Oswal Financial Services. The secondary transaction is designed to further raise Indian ownership and streamline the company’s cap table ahead of its IPO filing. 

As per news reports, founders Aadit Palicha and Kaivalya Vohra are working to finalise a structured debt arrangement to acquire ₹1,500 crore worth of stake in Zepto. This acquisition will be financed through funding from Edelweiss Alternative Asset, domestic family offices, and smaller credit funds.

Also Read: Swiggy Plans to Complete Exit from Rapido, Looks to Net ₹2,500 Crore from Stake Sale!

Conclusion

With MapmyIndia’s ₹25 crore investment and other strategic moves, Zepto is positioning itself for a stronger Indian ownership base ahead of its anticipated IPO. The combined effect of secondary share sales and founder-led stake acquisitions highlights the quick commerce player’s focus on regulatory readiness, shareholder diversification, and long-term market positioning.

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