Moneycontrol.com·1 min read·medium

Norges, Motilal Oswal to invest in $800 million IPO valuing company at $5.1 billion post-money

Norges, Motilal Oswal to invest in $800 million IPO valuing company at $5.1 billion post-money
AI Summary

Quick commerce startup Zepto has attracted investment from Norges Bank and Motilal Oswal as part of an $800 million IPO. The funding round values the company at approximately $5.1 billion.

The initial public offering (IPO) of quick commerce startup Zepto has received bids from different funds of Norges, the Norwegian sovereign wealth fund, Motilal Oswal and other investors, several people aware of the developments told Moneycontrol. “B... [1229 chars]

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Norges, Motilal Oswal to invest in $800 million IPO valuing company at $5.1 billion post-money — Headlinne — headlinne