Home / Business and Economy / Zepto Files for IPO: A $7 Billion Quick Commerce Giant Eyes Public Debut
Zepto Files for IPO: A $7 Billion Quick Commerce Giant Eyes Public Debut
4 Jan
Summary
- Quick commerce firm Zepto has confidentially filed draft papers for an initial public offering.
- The company was valued at $7 billion after a $450 million fundraise in October 2025.
- Zepto's revenue significantly increased to ₹11,109 crore in FY25, but net losses widened.
Quick commerce company Zepto has taken a significant step towards a public listing by confidentially filing its draft IPO papers with the market regulator. This confidential filing allows the company to refine its offering details before a public launch. Zepto is aiming for a market debut between July and September 2026, with several major investment banks reportedly appointed as lead managers for the issue.
Founded by Aadit Palicha and Kaivalya Vohra, Zepto operates in the competitive quick commerce space. The company achieved a valuation of $7 billion following a $450 million funding round in October 2025, led by US pension fund CalPERS. This period also saw substantial financial performance, with revenue escalating to ₹11,109 crore by the end of financial year 2025, a notable increase from ₹4,498 crore in FY24.
Despite its rapid revenue growth, Zepto's financial results for FY25 indicated a widening net loss, which nearly tripled to ₹3,367 crore from ₹1,249 crore in the previous year. The company, backed by institutional investors like General Catalyst and Y Combinator, also recently recorded the highest weekly active user increase, adding 1.2 million users in the week ending December 15, surpassing competitors.
