Mumbai-based NBFC Elcid Investments has invested ₹7.5 crore in quick commerce platform Zepto. The investment translates to a 0.0146% stake in the company. This information was disclosed in a stock exchange filing dated July 29, 2025.
As per reports, the latest round values Zepto at ₹51,369 crore, or approximately $5.9 billion. With this deal, Elcid’s total shareholding in Zepto increases to 0.039%. In November 2024, Elcid had invested ₹17.5 crore in the company through a secondary transaction.
Shares were purchased at ₹33.23 per unit as part of the deal. This investment marks Elcid’s continued interest in the quick commerce space, where private companies are seeing increased capital activity.
As per news reports, Zepto is currently in the process of raising around $500 million through a mix of primary and secondary transactions. The round is being led by existing investors, including General Catalyst and Avenir Growth.
Read more: Zepto Set to Raise $500 Million in New Funding Round, Valued at $7 Billion as IPO Timeline Shifts!
Zepto reported revenue of ₹11,109 crore in FY25, showing a 150% increase from ₹4,454 crore in FY24. The company has seen consistent year-over-year growth in its turnover, according to the Elcid Investments exchange filing.
The company recently completed the process of shifting its domicile from Singapore to India. Zepto plans to file its Draft Red Herring Prospectus (DRHP) in the second half of 2025. The IPO, initially expected earlier, is now scheduled for FY26.
Zepto operates in the quick commerce segment alongside Blinkit and Swiggy Instamart. Blinkit, owned by Eternal, reported ₹2,400 crore in revenue for Q1 FY26. Financial details from Swiggy Instamart for the same period have not yet been made public.
The ₹7.5 crore investment brings Elcid Investment’s which will hold 0.039% in the company. The company continues to expand its funding base as it prepares for a potential public offering in FY26.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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 the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 30, 2025, 11:40 AM IST
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