Zepto, the quick commerce unicorn, has announced the appointment of Akhil Gupta, Vice Chairman of Bharti Enterprises, as an independent director to its board. This strategic move comes as the company gears up for its highly anticipated initial public offering (IPO) later this year. Gupta's extensive experience in leading successful public listings, including those of Bharti Airtel, Bharti Infratel, and Airtel Africa, is expected to provide invaluable guidance to Zepto during this critical phase.
The appointment is part of Zepto's broader efforts to fortify its leadership and enhance its governance structure. Gupta's expertise in forming strategic partnerships and attracting leading financial investors will play a pivotal role in shaping Zepto's IPO strategy and long-term growth plans.
Key highlights include:
- Akhil Gupta's proven track record in steering successful IPOs and forming global partnerships.
- Zepto's focus on strengthening its board with seasoned professionals ahead of its market debut.
- The company's commitment to leveraging Gupta's expertise to navigate the complexities of the IPO process.
This development underscores Zepto's readiness to make a strong entry into the stock market, backed by robust leadership and a clear vision for the future.
Sources: Business Standard, Moneycontrol, Storyboard18.