This projection is nearly equivalent to the annual gross sales of the entire quick commerce industry in the previous calendar year, according to several brokerages
Zepto initiated its IPO plans in mid-2024, initially targeting a $450 Mn primary capital raise
Founded in 2021 by Palicha and Kaivalya Vohra, Zepto currently operates under a B2B model. Its parent, Kiranakart Technologies, procures goods directly from brands and sells them exclusively to its licensee companies, including the likes of Geddit Convenience, Drogheria…