Overview
- Offer structure under discussion includes a mix of fresh shares and an offer for sale, with proceeds likely earmarked for dark-store and last‑mile expansion.
- Zepto is working with Axis Bank, Motilal Oswal, and the Indian units of Morgan Stanley, HSBC, and Goldman Sachs on the submission, according to reports.
- Audited FY25 results show total income of Rs 9,668.8 crore, up 129% year on year, with net loss widening to Rs 3,367.3 crore.
- The company was valued at about $7 billion after a $450 million round in October 2025 led by CalPERS, bringing total funding to roughly $1.8 billion.
- Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto has built a 10‑minute delivery model and operated more than 900 dark stores as of September 2025.