Zepto may cut IPO size 20% as investor bids peg valuation at $3.5-4B, half its $7B mark
Quick commerce firm Zepto is weighing a 20% cut to its IPO, targeting $650-700 million versus $850 million originally, amid investor pushback on valuation. Bids now peg the company at $3.5-4 billion, down sharply from its $7 billion October 2025 mark, as it faces heavy cash burn and rivals Blinkit and Swiggy Instamart.
Quick commerce firm Zepto may cut its IPO size by 20% to raise $650-700 million amid investor pushback on valuation, now pegged at $3.5-4 billion versus its earlier $7 billion, as it battles rivals and heavy cash burn.