Zepto Files DRHP for Rs 11,000 Crore IPO: Quick Commerce Giant Eyes Public Listing

• Quick commerce startup Zepto has filed a confidential DRHP with Sebi, aiming to raise around Rs 11,000 crore through an IPO.
• Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto is set to become the youngest startup to list on exchanges.
• The company is working with Axis Bank, Motilal Oswal, Morgan Stanley, HSBC, and Goldman Sachs for the filing.
• The IPO will include a fresh issue and an offer for sale, with proceeds funding expansion, dark-store network, and last-mile delivery.
• Zepto's total income rose to Rs 9,668.8 crore in FY25, but net loss deepened to Rs 3,367.3 crore.

Why It Matters: Zepto initiates IPO process, targeting Rs 11,000 crore despite deepening losses.