Zepto Eyes Major IPO Expansion: Targeting $800 Million to $1 Billion

Quick commerce platform Zepto is reportedly planning to increase its initial public offering (IPO) size to between $800 million and $1 billion, significantly up from its initial target of $450 million. CEO Aadit Palicha has been engaging with top mutual funds to discuss this ambitious move, which aligns with projections of achieving $5.5 billion in sales by FY26. The company aims for at least 40% domestic shareholding prior to the IPO, further solidifying its market position in India.

Source: Business Standard,Moneycontrol