Zepto defers IPO, eyes ₹1,000 crore-plus pre-IPO raise
Quick-commerce firm Zepto has shelved its planned IPO after investors pushed back on its valuation amid concerns over cash burn and listed-peer comparisons. It now plans to raise more than ₹1,000 crore from existing investors and revisit public markets after improving financial performance.
Zepto has shelved its IPO after domestic institutional investors resisted its valuation expectations, citing cash burn and listed-peer comparisons. The quick-commerce firm instead plans a pre-IPO placement of over ₹1,000 crore and may return to public markets after improving financial performance.
Why this matters
The move extends Zepto's recent IPO pause and ₹1,000 crore funding search, while brands assess Zepto alongside Blinkit and Amazon as retail-media channels.
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