Zepto is a quick commerce giant that was founded in 2020 during the pandemic era and has been planning for IPO since 2024 september. Now, Zepto is about to raise $1 billion from an IPO, and the UDRHP draft will be prepared by Zepto. Once the process of the draft is completed, it will launch its IPO and will be listed on the Indian stock exchange in 6 weeks. First, Zepto had planned to raise $500 million, but due to tough competition in the market with companies like Flipkart and Amazon, Zepto needs more funds to continue to succeed and grow its business.
|