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New Delhi : Quick commerce platform Zepto plans to launch its Rs 11,000-crore IPO in July, people familiar with the matter said on Thursday. If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges. The startup secured approval for its maiden public issue from Sebi earlier…
Mumbai : Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market is targeting a listing sometime by July,…
MUMBAI: Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market (in terms of GMV or sales before the…
A Zepto software developer, Kritika Kumari, was stranded in Dubai amidst escalating Middle East conflict. NEW DELHI: Stranded in Dubai as the Middle East erupted into chaos, Kritika Kumari, a software developer at quick commerce platform Zepto, found herself navigating a tense mix of uncertainty, canceled flights, and missile strikes — and still managed to…
A new label is doing the rounds in India’s startup circles: BARBIEs, short for Bachelors Abroad Returning to Build in the Indian Ecosystem. A viral post shared by Anshul and Anmol on X put the spotlight on this niche but growing group of Indians who study abroad for their undergraduate degree and then come back…
Walmart-owned Flipkart, Swiggy and IPO-bound Zepto have stopped promoting their grocery businesses as “10-minute” delivery services following a government intervention prompted by road safety concerns, according to a Reuters report.The move comes after the labour ministry, at a private meeting on Saturday, asked some companies to discontinue the “10-minute” branding amid concerns over rash driving…
Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…
MUMBAI: Zepto has filed draft IPO papers seeking to raise up to Rs 11,000 crore (around $1.2 billion) with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said.The bulk of the IPO, it is understood, will be a fresh issue of shares. A clutch of…
NEW DELHI: Popular quick e-commerce firm Zepto filed its preliminary papers on Saturday with Securities Exchange Board of India (Sebi), aiming to raise Rs 11,000 crore via initial public offering (IPO).The company, founded by Stanford university dropouts, is using a confidential route for its stock market debut planned for next year, according to officials cited…
Zepto to pre-file DRHP, targets 2026 listing NEW DELHI: Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. The move positions Zepto to become one of the…
