Zepto IPO: Quick Commerce Giant Eyes ₹7,200 Crore Public Debut This Month

• Quick commerce startup Zepto plans to file for an Initial Public Offering (IPO) this month, aiming to raise ₹6,800–₹7,200 crore.
• The IPO will comprise a fresh issue and an Offer For Sale (OFS), with proceeds funding business expansion, new stores, and technology.
• Zepto has engaged Axis Bank, Motilal Oswal, Morgan Stanley, HSBC, and Goldman Sachs as investment advisors for the confidential DRHP filing.
• The company demonstrates strong performance with a 45% increase in order volume, 2 million daily orders, decreasing cash burn, and ₹7,000 crore cash reserves.
• Co-founded by Aadit Palicha and Kaivalya Vohra in 2020, Zepto is now valued at approximately $7 billion.

Why It Matters: Zepto is preparing for a ₹7,200 crore IPO this month, showcasing strong growth and financial health.