Zepto set for confidential $500M IPO filing next week: Report

• Zepto is reportedly preparing for a $500 million IPO, with a confidential filing expected as early as next week.
• The quick-commerce platform is working with Axis Bank, Motilal Oswal, Morgan Stanley, HSBC, and Goldman Sachs for its draft prospectus.
• IPO proceeds are intended to fund expansion, including investments in dark stores, delivery infrastructure, and inventory.
• Zepto recently raised $450 million, pushing its valuation to approximately $7 billion.
• The company operates in a competitive quick-commerce market alongside rivals like Blinkit, Swiggy, and Zomato.

Why It Matters: Zepto's IPO shows quick-commerce growth and new investment potential.