Zepto seeks Rs 1,000 crore pre-IPO funding at lower valuation, delays listing
Quick-commerce platform Zepto is targeting Rs 1,000 crore in a pre-IPO round at a USD 4-4.5 billion valuation, more than 30% below its previous USD 7 billion mark. The company has deferred its planned listing and may trim its originally proposed Rs 8,010 crore fresh IPO issue amid valuation gaps and tougher competition.
Zepto is seeking Rs 1,000 crore in pre-IPO funding at a USD 4-4.5 billion valuation, delaying its planned listing amid valuation differences and intensifying quick-commerce competition. It may also reduce its originally planned Rs 8,010 crore fresh IPO issue.
Why this matters
The move extends Zepto's recent pattern of targeting a ₹1,000 crore pre-IPO round at $4.5 billion, delaying its IPO and pausing listing plans amid valuation concerns.
Retail-company signals are accelerating, up +257300% QoQ.