Zepto, an Indian quick-commerce startup, has filed for an initial public offering that could value the company at around $1 billion. The filing reveals the company's rapid growth, with advertising revenue increasing by 151% year-over-year to ₹16.4 billion. However, Zepto remains loss-making, reporting a net loss of ₹59.1 billion in fiscal 2026.
The startup plans to raise up to ₹80.1 billion through a fresh issue of shares, with existing investors including Nexus Venture Partners and Contrary participating in an offer-for-sale.
Zepto's public-market valuation remains uncertain, with some mutual funds and family offices indicating valuations below its last private round. The company's founders have also received summonses from India's anti-money laundering agency, seeking information related to foreign investments.
