Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. Valued at USD 7 billion, the company has raised a total of USD 1.8 billion, or about ₹16,000 […]
Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people familiar with the matter, as competition hots up in India’s quick-commerce market. Zepto delivery partners waiting for delivery orders. The plans for a Zepto IPO follow a $450-million funding round […]
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit, part of Deepinder Goyal-led Eternal Ltd. that also includes Zomato, is yet unprofitable, despite its cash pile, as it keeps investing to enter new markets. (Reuters) The quick-commerce model, which […]
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a move to gain firepower amid an intense quick-commerce rivalry in India. On 7 November 2025, Swiggy’s board approved plans to raise up to ₹10,000 crore through a QIP, subject to […]
Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.’s Instamart and Blinkit owned by Eternal Ltd. A Zepto delivery partner. Zepto, founded by Aadit Palicha and Kaivalya Vohra, is likely to revisit its IPO plans after the $450-million funding […]
