Zepto's UDRHP: FY26 revenue doubles to ₹22,624 cr, but losses widen to ₹5,905 cr
Zepto's updated DRHP shows FY26 revenue up 104% YoY to ₹22,624 cr on 1,139 dark stores and 1.75M daily orders. Ad revenue scaled to ₹1,636 cr and the user base hit 47.97M. But losses ballooned to ₹5,905 cr, raising questions on whether the ₹8,000-cr IPO will be enough before a follow-on raise.
Zepto's UDRHP shows FY26 revenue doubling to ₹22,624 cr with 1,139 dark stores and 1.75M daily orders, but losses widened to ₹5,905 cr. Ad revenue hit ₹1,636 cr; ₹8,000-cr IPO may need follow-on capital.