Online grocer Zepto is in discussions for a secondary sale of up to $250 million, aimed at increasing the ownership stake of Indian investors before its anticipated initial public offering (IPO) later this year. The proposed sale involves current stockholders, including private equity firms Motilal Oswal Financial Services and Edelweiss Financial Services. The move is expected to raise the shareholding of domestic investors from approximately 33% to around 50%. This development comes as Zepto prepares to join the ranks of other major players in the Indian e-commerce sector, such as Zomato and Swiggy, which have recently faced market challenges, losing a combined ₹16,000 crore in market capitalization.