Motilal Oswal Financial Services Limited (MOFSL) has announced a significant investment in Zepto, the fast-growing quick commerce platform known for its rapid grocery delivery model. This move highlights the increasing interest of established financial institutions in India’s evolving consumer technology sector.
MOFSL confirmed that it has acquired 7.54 crore compulsorily convertible preference shares (CCPS) of Zepto Private Limited for ₹400 crore. Zepto, previously known as Kiranakart Technologies Private Limited, is one of India’s leading quick commerce companies.
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has become a household name with its 10-minute grocery delivery service. Operating in multiple Indian cities, the company offers a wide range of products, from fresh fruits and vegetables to daily essentials.
The company’s financial performance has shown remarkable growth over the past three years:
MOFSL clarified that this acquisition is not a related party transaction and has been executed at arm’s length. However, it is notable that the promoter and promoter group of MOFSL are existing shareholders in Zepto, holding 48,720 CCPS of various series.
This investment is part of MOFSL’s treasury investment book and is aimed at generating sustainable long-term returns. The transaction is expected to be completed within 15 days.
Read More: Zepto Launches 10-Minute Medicine Delivery Service with Zepto Pharmacy!
The deal underlines the growing investor confidence in India’s quick commerce sector, which has seen rapid adoption in urban markets. With strong consumer demand, platforms like Zepto are positioned to expand their market presence and operational capabilities further.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Aug 13, 2025, 4:05 PM IST
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