Zepto Targets ₹1,000 Crore Pre-IPO Funding, Delays IPO Plans Ahead of Public Listing
Zepto plans to raise ₹1,000 crore in pre-IPO funding ahead of its initial public offering. The company announced this funding round even as its IPO was already in the pipeline; the move is likely aimed at strengthening its balance sheet to ensure a favorable valuation for the IPO.
Zepto could utilize these funds for expansion into new cities, opening new dark stores, investing in AI and technology, strengthening its supply chain, enhancing customer experience, and boosting marketing and branding efforts.
Zepto is renowned nationwide for its 10-minute grocery delivery service. Founded in Bengaluru in 2021 by Aadit Palicha and Kaivalya Vohra, it has since grown into a successful enterprise. The company has expanded into several major cities across the country and is a key player in India's quick-commerce sector.
Zepto Financial Performance FY26 (Revenue, Net Loss & Daily Orders)
| Financial Metric | FY26 |
|---|---|
| Operating Revenue | ₹22,624 Crore |
| Total Expenses | ₹29,027 Crore |
| Net Loss | ₹5,905 Crore |
| Dark Stores | 1,139+ |
| Daily Orders | 1.75 Million+ (17.5 Lakh+) |
Financial Performance FY26 Data Source: Moneycontrol