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Investment Details: Motilal Oswal and Raamdeo Agrawal, founders of Motilal Oswal Financial Services, have personally invested $100 million in Zepto through a secondary share transaction.
Shareholding Impact: This investment increases domestic ownership in Zepto to over 35%, valuing the company at $5 billion.
Investment Sources: The $100 million was split equally between Oswal and Agrawal, purchasing shares from global investors such as Nexus Venture Partners and Lachy Groom.
Strategic Move: Zepto aims to boost its domestic shareholding to over 50% as part of its broader strategy.
Ongoing Funding Round: The secondary share sale has attracted commitments totaling $350 million, with additional investments expected from firms like Edelweiss Financial Services and Hero Fincorp.
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