Zepto’s confidential filing for a $1.3-billion initial public offering is set to put India’s quick-commerce sector into the public-market spotlight next year, with the three largest players listed.
While this would intensify competition between Zepto, Blinkit and Swiggy‘s Instamart, it is also expected to result in closer scrutiny of the sector, given its high cash burn and aggressive expansion plans, mutual fund analysts and industry executives said.
“Once Zepto lists, all the three big players will be public and the tolerance for opaque…
