neutral
Recently
Quick commerce firm advances IPO plans as competition intensifies
Zepto has confidentially filed for a $1.22 billion IPO, signalling growing investor interest in India’s fast-expanding quick commerce sector.
Zepto has confidentially filed for an initial public offering targeting a fundraise of about $1.22 billion, or roughly Rs 11,000 crore, according to media reports. The move comes amid intensifying competition in India’s quick commerce segment, where players such as Swiggy Instamart and Blinkit continue to expand aggressively.