Norges, Motilal Oswal likely to support Zepto IPO at $5 billion valuation

According to a Moneycontrol report, Norges, Norway's sovereign wealth fund, along with Motilal Oswal and several other investors, have shown interest in becoming anchor investors for Zepto's upcoming IPO. It is anticipated that Norges and Motilal Oswal will contribute roughly 40-45% of the total anchor book. The IPO is set to value Zepto at approximately $5.1 billion, which is a decrease from the $7 billion valuation the company reached in 2025.

by shortkt.com
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Norges, Motilal Oswal likely to support Zepto IPO at $5 billion valuation | ShortKT