Business2 hours ago
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Zepto Delays IPO by 2-3 Quarters Amid Valuation Concerns
Zepto, the quick commerce startup, is postponing its IPO by 2-3 quarters due to lukewarm investor interest. The company is now targeting Rs 1,000 crore in pre-IPO funding and aims for a reduced valuation of $4-4.5 billion. This decision comes after domestic investors proposed valuations significantly lower than expected, prompting Zepto to reassess its market strategy.
⚖️ AI Verdict
"Looks like Zepto is hitting the brakes on its IPO dreams!"
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File ID: #303605Original Source: Times Of India ↗
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