Zepto plans to raise up to $1 billion through its IPO. Details on projections and strategies unfold next!
The IPO size includes $300–400M from OFS and primary share issuance, signalling aggressive capital-raising plans.
Zepto targets $5.5B in gross sales by Q4 FY26 while aiming for positive EBITDA, excluding ESOPs, to strengthen its market position.
Zepto exceeded its dark store target, hitting 900 stores early, with plans to expand to 1,000 stores in 2024.
The quick-commerce player burned ₹1,000–1,100 crore recently to achieve $3B in gross sales, chasing industry leader Blinkit.
Zepto’s CEO met mutual funds to discuss its public offering and profitability roadmap, building crucial partnerships for IPO success. Source – The Economic Times