Zepto raising $300Mn

Zepto is reportedly looking to raise $300 Mn from domestic investors.

The family offices of Manipal Group’s Ranjan Pai, Mankind Pharma’s Ramesh and Rajeev Juneja, and Cipla will be joining the quick commerce major’s funding round.

Bollywood star Amitabh Bachchan and former cricketer Sachin Tendulkar will also be joining the round.

Additionally, the family offices of Ravi Jaipuria (RJ Corp) and Harsh Goenka (RPG Group) are in discussions to join the round, along with the Motilal Oswal Group, which has increased its investment from $40 Mn to over $60 Mn.