Motilal Oswal Financial Services Limited — JV/Acquisition, 12-08-2025: Acquisition

Motilal Oswal Financial Services (MOFSL) has made a significant treasury investment, acquiring 7,54,97,341 Compulsorily Convertible Preference Shares in quick-commerce giant Zepto Private Limited for ₹400 Crore. This strategic move aims to generate sustainable, long-term returns for MOFSL's investment book. Zepto, a rapidly growing Indian platform known for its 10-minute grocery delivery service, reported a turnover of ₹4,454.52 Cr in FY24. This acquisition highlights MOFSL's focus on diversifying its long-term investment portfolio.