Zepto may halve IPO size and target a $2.5–3B valuation
Zepto is reportedly revising its IPO plans as anchor-investor talks continue, with a proposed valuation far below its previous $7 billion private-market mark. The quick-commerce player is pitching growth and lower cash burn while targeting operating breakeven by FY28.
Zepto is likely to halve its proposed IPO size and seek a $2.5-3 billion valuation, below prior expectations. The quick-commerce firm is pitching growth and lower cash burn while pursuing breakeven by FY28 amid competition from Blinkit and Swiggy Instamart.
Why this matters
The revision extends Zepto’s recent IPO valuation reset: investors sought a $2.5B–$3B valuation, Zepto discussed anchor allocations at an implied $3B valuation, and it reportedly lined up a ₹2,298 crore anchor book for a ₹5,106 crore IPO.
Retail-company signals are accelerating, up 409200% QoQ.