Zepto Gets SEBI Approval for $1.3Bn IPO

Pratima Gaikwad — Tue, 07 Apr 2026 15:21:21 +0000

India’s leading quick commerce startup Zepto has received approval from the Securities and Exchange Board of India for its highly an

IPO Size, Structure & Timeline

Zepto’s IPO is expected to raise between ₹10,000–12,000 crore, making it one of the biggest startup listings in India’s quick commerce sector.

The offering will include:

Fresh issue of shares to fuel expansion
Offer for Sale (OFS) for existing investors

The company has opted for the confidential filing route, allowing flexibility in timing and valuation adjustments. The listing is expected in late 2026, depending on market conditions.ticipated $1.3 billion IPO, marking a significant step toward becoming a publicly listed company.

The development comes at a time when India’s startup ecosystem is witnessing a renewed wave of IPO activity, especially in high-growth digital businesses.

Rapid Growth in India’s Quick Commerce Market

Founded in 2021, Zepto quickly scaled its operations by promising 10-minute grocery delivery, capturing urban consumers across major cities.

Key growth highlights:

Valuation of around $7 billion
Strong presence in metro cities
Extensive network of dark stores

Zepto competes with major players like Blinkit and Swiggy Instamart, making the segment one of India’s most competitive digital markets.

Financial Performance: Growth vs Profitability

While Zepto has achieved impressive revenue growth, profitability remains a challenge—a common trend in the quick commerce industry.

Revenue crossed ₹9,600 crore in FY25
Losses widened due to aggressive expansion

The company continues to invest heavily in logistics, warehousing, and customer acquisition.

Why This IPO Is Important

SEBI approval is a major milestone, signaling that Zepto meets regulatory standards for public listing. It also reflects:

Increased maturity of India’s startup ecosystem
Rising investor interest in quick commerce
Strong market confidence in high-growth startups

This IPO could set the tone for future listings in India’s tech startup space.

What’s Next for Zepto?

The IPO proceeds will likely be used for:

Expanding dark store network
Strengthening supply chain
Investing in technology
Improving unit economics

Despite losses, Zepto’s growth trajectory makes it one of the most anticipated IPOs in India.

The post Zepto Gets SEBI Approval for $1.3Bn IPO appeared first on The India Bizz Startup News Website.

Zepto Appoints Rachit Ranjan as Chief Public Policy Officer

Desk — Mon, 19 May 2025 15:13:16 +0000

Quick commerce unicorn Zepto has appointed Rachit Ranjan as its new Chief Public Policy Officer, signaling a strategic move to bolster its regulatory, policy, and government affairs capabilities ahead of its anticipated public listing.

Ranjan brings over 15 years of experience in public policy and regulatory leadership, having previously held key positions at high-growth companies such as Dream11, WhatsApp, JUUL Labs, and Uber. Notably, during his tenure at Uber, he served as Head of Policy for North India and Federal Affairs, where he was instrumental in shaping government relations and regulatory strategies.

In his new role at Zepto, Ranjan will lead the company’s engagement with policymakers, regulators, and key stakeholders, aligning its operations with India’s evolving regulatory landscape.

Zepto, one of India’s fastest-growing quick commerce platforms, offers 10-minute delivery of over 25,000 products through a robust network of dark stores. The company has made significant strides in expanding its operations and enhancing customer experience, backed by strong investor confidence.

In August 2024, Zepto raised $340 million in funding, pushing its total funding to $1.85 billion. This financial momentum has been coupled with a reverse merger, enabling Zepto to relocate its headquarters from Singapore to India, a strategic move aimed at facilitating its upcoming Initial Public Offering (IPO).

Further diversifying its portfolio, Zepto recently launched ‘Zepto Atom’, a subscription-based consumer analytics service, marking its foray into the data analytics space. This innovative offering is designed to help brands better understand consumer behavior and trends.

Additionally, the company is in the final stages of securing a ₹1,500 crore structured debt deal to buy back shares from foreign investors, a step that will boost Indian ownership and align with regulatory norms ahead of its IPO.

With Rachit Ranjan’s appointment, Zepto is reinforcing its leadership team as it prepares for the next phase of growth, regulatory engagement, and market expansion.