Overview
- Zepto pushed its IPO timeline to 2026, suspending plans to file a Draft Red Herring Prospectus in 2025.
- The Bengaluru-based startup plans to submit its DRHP later this year while focusing on reducing cash burn.
- Monthly gross order value climbed to Rs 2,400 crore in May 2025, up from Rs 750 crore a year earlier.
- CEO Aadit Palicha forecasts EBITDA to approach breakeven by the September quarter with most dark stores turning profitable.
- The company faces social media backlash over alleged ‘dark patterns’ and vendor claims of payment delays of up to six months.