Zepto Looking To Increase IPO Size To $800 Mn

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SUMMARY

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…



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Zepto Looking To Increase IPO Size To $800 Mn


SUMMARY

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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