The company plans to raise around $450 Mn via a fresh issue of shares. Its IPO will also comprise an OFS component
Zepto has commenced talks with the likes of Morgan Stanley and Goldman Sachs for the IPO, which would be contingent on the company flipping back to India
This comes close on the heels of the quick commerce startup raising more than $1 Bn in funding in the past three months
Quick commerce major Zepto has reportedly kicked off “active discussions” with domestic and global merchant bankers for a potential listing on Indian bourses by August 2025.
The company plans to raise around $450 Mn via a fresh issue of shares. Its initial public offering (IPO) will also comprise an offer for sale (OFS) component, Economic Times reported citing sources.