Zepto targets ~$3B IPO valuation after investor pushback
Zepto is discussing an IPO at about a $3 billion post-money valuation, down from roughly $7 billion nine months earlier. The quick-commerce company is targeting about Rs 5,000 crore in primary fundraising, though the final issue size and valuation remain subject to investor commitments.
Zepto is discussing an IPO at about a $3 billion post-money valuation, less than half its valuation nine months ago, after domestic investor pushback. The quick-commerce firm targets roughly Rs 5,000 crore in primary fundraising, with the final issue structure contingent on commitments.
Why this matters
The valuation reset follows reports that top funds sought deeper cuts for Zepto’s planned ₹8,010 crore IPO and that Zepto eyed a ₹10,000–11,000 crore IPO as August listings built. It also follows Delhi HC restraint on Zepto Finance’s trademark use.
Retail-company signals are accelerating, up 577050% QoQ.
Also reported by
- Financial Express · BrandWagon — Same time