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Zepto moves closer to public markets amid quick commerce competition
Zepto has confidentially filed for a $1.22 billion IPO as competition heats up in India’s quick commerce and instant delivery market.
Quick commerce firm Zepto has confidentially filed for an initial public offering targeting a fundraise of around $1.22 billion, equivalent to roughly Rs 11,000 crore. The filing comes as competition intensifies in India’s fast delivery segment, with rivals including Swiggy Instamart and Blinkit expanding aggressively.