Zepto Puts IPO Plans On Hold

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SUMMARY

Zepto will not go to IPO this year, even if it files draft red herring prospectus

The company is looking to reduce its cash burn and improve its profit profile

In April, it renamed its registered entity from Kiranakart Technologies Private Limited to Zepto Private Limited

Quick commerce major Zepto has reportedly postponed its initial public offering (IPO) plans by a year and now plans to hit the bourses in 2026.

A Moneycontrol report, citing sources close to the matter, said that the company is looking to reduce its…



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Zepto Puts IPO Plans On Hold


SUMMARY

Zepto will not go to IPO this year, even if it files draft red herring prospectus

The company is looking to reduce its cash burn and improve its profit profile

In April, it renamed its registered entity from Kiranakart Technologies Private Limited to Zepto Private Limited

Quick commerce major Zepto has reportedly postponed its initial public offering (IPO) plans by a year and now plans to hit the bourses in 2026.

A Moneycontrol report, citing sources close to the matter, said that the company is looking to reduce its…



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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