Razorpay files confidential DRHP for $600 Mn IPO; Zepto, ONDC's DigiDukaan reshape retail rails

Razorpay targets $5-6 Bn valuation as it joins India's fintech listing queue. Zepto's ₹8,010 Cr IPO looms while it trails Blinkit's 2,243 dark stores. ONDC's DigiDukaan digitises kirana B2B procurement with 10,000+ retailers, expanding to Mumbai, Bengaluru and Delhi NCR.

— Filed Tue, 16 Jun, 2026, 08:03 IST · Source Inc42 · Buzz · Updated

Razorpay files confidential DRHP for $600 Mn IPO at $5-6 Bn valuation. ONDC's DigiDukaan digitises kirana B2B procurement with 10,000+ retailers, expanding to Mumbai, Bengaluru, Delhi NCR. Zepto trails Blinkit's 2,243 dark stores ahead of ₹8,010 Cr listing; UPI leaders cede share.